the rennie review - February 2022

squamish TOWNHOME-JANUARY 202

SALESTO LISTINGSRATIO 100% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 43% VS2021

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 47% VS2021

▲ 40% VS2021

▲ 50% VS2021

- VS2021

Therewere12townhomelistingsinSquamishinJanuary, 71%aboveDecemberand50%higherthanJanuary2021. Januarytownhomesalesincreasedby20% month-over-month,to12,andwerethesameinJanuary 2021. Thesales-to-listingratiofortownhomesinSquamish,at 100%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$1,104,900, a16%changefromDecemberand40%aboveJanuary 2021. Theaveragesoldpricewas$1,091,521,11%abovelast month;theaveragePSFsalepricewas$756,up10%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

12 12

$528 $743,825 $787,500 150% 12 8

43% 47% 40% -33% 0% 50%

$689 $984,455 $955,950 143% 10 7

10% 11% 16% -30% 20% 71%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$756 $1,091,521 $1,104,900 100%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JAN 2021 ● JAN 202

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

26

25

24

27

23 23

23

17

17

17

17

12

12 12

15

10

12

12

1

8

10

9

8

7

$1.10M

$956K

$945K

$940K

$912K

$915K

$909K

$886K

$885K

$866K

$830K

$800K

$788K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

1

100%

100%+

8

4+bdrms

6

8 8

3bdrms

50%

4

3

2bdrms

2

4

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

2 0 n/a

2 2 100%

6 9 150%

2 1 50%

Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

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