the rennie review - July 2023

squamish TOWNHOME-JUNE 2023

SALES TO LISTINGSRATIO 48% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 7% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 3% VS 2022

▼ 3% VS 2022

▼ 11% VS 2022

0.0% VS 2022

Therewere31 townhom elistingsin Squam ish in June, 3% aboveM ayand 11% lowerthan June2022. Junetownhom esalesrem ained thesam e m onth-over-m onth,at15,and werethesam ein June 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 48% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$970,000,a 0.9% decreasefrom M ayand 3% below June2022. Theaveragesold pricewas$1,005,060,1.7% below last m onth;theaveragePSF salepricewas$671,up 1.7% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

15 31

15 35

-7% -3% -3% 13% 0% -11%

15 30

0% 3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$671 $1,005,060 $970,000 48%

$721 $1,040,267 $998,000 43%

$660 $1,022,793 $979,000 50%

1.7% -1.7% -0.9% -3%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 202 ● JUN 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

38

39

35

29 30

31

24

26 17

25

21

15

15

18

15

8

12

5

4

7

7

6

6

5

$1.08M

$998K

$994K

$979K $970K

$945K

$914K $898K $888K

$885K

$870K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

10

2

4+ bdrms

89%

8

8

12

6

3 bdrms

14

50%

4

1

25%

2 bdrms

20%

9

2

0

<2 bdrms

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

S-L RATIO SALES INVENTORY

4 1 25%

9 8 89%

8 4 50%

10 2 20%

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