the rennie review - December 2021

squamish TOWNHOME-NOVEMBER 2021

SALESTO LISTINGSRATIO 83% SELLERS'MARKET

▶ MARKETSUMMARY Therewere12townhomelistingsinSquamishin November,50%aboveOctoberand20%lowerthan November2020. Novembertownhomesalesdecreasedby41% month-over-month,to10,andwere62%below November2020. Thesales-to-listingratiofortownhomesinSquamish,at 83%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas$908,500, a4%decreasefromOctoberand26%aboveNovember 2020. Theaveragesoldpricewas$937,990,11%belowlast month;theaveragePSFsalepricewas$686,down9%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 36% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 28% VS2020

▲ 26% VS2020

▼ 20% VS2020

▼ 62% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

10 12

26 15

36% 29% 26% -52% -62% -20%

$756 $1,054,035 $945,000 213% 17 8

-9% -11% -4% -61% -41% 50%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$686 $937,990 $908,500 83%

$505 $725,373 $719,500 173%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● NOV 2020 ● NOV 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

26

26

25

24

27

23 23

23

17

17

15

17

17

17

15

12

12

12

1

10

9

8 8

8

$945K

$940K

$912K

$915K

$909K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

$720K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

7

1 1

100% 100% 100%

4+bdrms

6

5

7

4

3bdrms

8

3

2

2

2bdrms

3

1

0

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

<2bdrms

S-LRATIO SALES INVENTORY

1 1 100%

7 7 100%

2 2 100%

2 0 n/a

Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

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