the rennie review - July 2023

squamish CONDO -JUNE 2023

SALES TO LISTINGSRATIO 36% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 5% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 3% VS 2022

▲ 10% VS 2022

▼ 5% VS 2022

▲ 30% VS 2022

Therewere36 condolistingsin Squam ish in June,6% aboveM ayand 5% lowerthan June2022.

Junecondo salesdecreased by7% m onth-over-m onth,to 13,and were30% aboveJune2022.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

Thesales-to-listing ratio forcondosin Squam ish,at36%, reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

13 36

10 38

-5% 3% 10% 37% 30% -5%

14 34

8% 0.7% -3% -12% -7% 6%

Thecondom edian pricein Junewas$688,000,a3% decreasefrom M ayand 10% aboveJune2022. Theaveragesold pricewas$669,538,0.7% abovelast m onth;theaveragePSF salepricewas$773,up 8% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$773 $669,538 $688,000 36%

$817 $650,400 $626,000 26%

$714 $665,071 $710,000 41%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 202 ● JUN 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

40

45

39

34 36

39

38

26

28

27

24 24

14

13

12

1

13

10

1

4

9

3

8

7

6

$709K

$710K $688K

$685K

$626K $640K $606K $642K

$605K

$568K

$548K

$525K

$520K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100%

4+ bdrms

15

2

3 bdrms

10

9

43%

39%

7

5

25%

2 bdrms

17

0

4

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

<2 bdrms

S-L RATIO SALES INVENTORY

1 1 100%

7 3 43%

18 7 39%

8 2 25%

1 0 n/a

1 0 n/a

10

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