the rennie review - July 2023

squamish DETACHED -JUNE 2023

SALES TO LISTINGSRATIO 19% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 19% VS 2022

▲ 5% VS 2022

▼ 15% VS 2022

0.0% VS 2022

Therewere94 detached listingsin Squam ish in June,6% aboveM ayand 15% lowerthan June2022. Junedetached hom esalesdecreased by22% m onth-over-m onth,to 18,and were thesam ein June 2022. Thesales-to-listing ratio fordetached in Squam ish,at 19% ,reflected abalanced m arket.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

18 94

$1,708,444 $1,507,500 16% 18 110

-19% 5% 17% 0% -15%

23 89

1.3% 18% -26% -22% 6%

Thedetachedm edian pricein Junewas$1,576,750,a 18% increasefrom M ayand 5% aboveJune2022.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,389,050 $1,576,750 19%

$1,371,870 $1,335,000 26%

Theaveragesold pricewas$1,389,050,1.3% abovelast m onth and down 19% toJune2022.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

108

10

93

106

92

102 102

94

82

1.63

1.59

89

1.51

81

72

1.361.38 1.41

68

23

17

15

14

12

18

18

8

8

7

15

1

1

$1.62M

$1.59M

$1.58M

$1.51M

$1.50M $1.53M

$1.36M $1.34M

$1.34M $1.28M $1.31M

$1.30M

$1.31M

22-Jun

23-M ay 23-Jun

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

100%+

25

20

15

50%

10

26%

18%

5

14%

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

3 4 133%

1 0 n/a

4 2 50%

11 2 18%

27 7 26%

21 3 14%

16 0 n/a

11 0 n/a

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