the rennie review - December 2021

squamish DETACHED-NOVEMBER 2021

SALESTO LISTINGSRATIO 45% SELLERS'MARKET

▶ MARKETSUMMARY Therewere44detachedlistingsinSquamishin November,6%belowOctoberand36%lowerthan November2020. Novemberdetachedhomesalesdecreasedby17% month-over-month,to20,andwere33%below November2020. Thesales-to-listingratiofordetachedinSquamish,at 45%,reflectedaselers'market. ThedetachedmedianpriceinNovemberwas $1,541,000,a0.1%increasefromOctoberand21%above November2020. Theaveragesoldpricewas$1,439,350,10%belowlast monthandup10%toNovember2020.

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 10% VS2020

▲ 21% VS2020

▼ 36% VS2020

▼ 33% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

20 44

30 69

10% 21% 5% -33% -36%

24 47

-10% 0.1% -11% -17% -6%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,439,350 $1,541,000 45%

$1,601,433 $1,539,950 51%

$1,307,940 $1,269,550 43%

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIANPRICE

66

69

71

70 70

69

65

1.76

51

1.70

46

54

1.63

50

44

47

1.48

33

1.39

40

30

24

31

29

19

27

1.12

20

20

19

19

14

$1.54M

$1.54M

$1.53M

$1.53M

$1.49M

$1.38M

$1.38M

$1.35M

$1.30M

$1.27M

$1.26M

$1.21M

$1.20M

Nov-20

Oct-21

Nov-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

16

100%+

14

12

75%

10

67%

8

47%

6

38%

4

2

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-LRATIO SALES INVENTORY

4 3 75%

1 0 n/a

2 3 150%

6 4 67%

15 7 47%

8 3 38%

4 0 n/a

4 0 n/a

Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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