the rennie review - February 2022

squamish CONDO-JANUARY 202

SALESTO LISTINGSRATIO 39% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 49% VS2021

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 33% VS2021

▲ 28% VS2021

▼ 56% VS2021

▼ 56% VS2021

Therewere18condolistingsinSquamishinJanuary, 100%aboveDecemberand57%lowerthanJanuary2021. Januarycondosalesdecreasedby53% month-over-month,to7,andwere56%belowJanuary 2021. Thesales-to-listingratioforcondosinSquamish,at39%, reflectedaselers'market. ThecondomedianpriceinJanuarywas$835,000,a28% changefromDecemberand29%aboveJanuary2021. Theaveragesoldpricewas$803,100,28%abovelast month;theaveragePSFsalepricewas$810,up7%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

$810 $803,100 $835,000 39% 7 18

16 42

49% 33% 29% 2% -56% -57%

$760 $621,926 $650,000 167% 15 9

-77% -53% 100%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$545 $603,913 $644,900 38%

7% 29% 28%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JAN 2021 ● JAN 202

● SALES ● TOTALINVENTORY ● MEDIANPRICE

52

43

42

36

35

39

26

25

25

25

28

27

19

18

16

22

15

21

19

17

16

14

14

1

9 7

$860K

$835K

$812K

$645K

$650K

$638K

$622K

$599K

$572K

$565K

$525K

$519K

$499K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

8

4+bdrms

75%

6

3bdrms

1

44%

4

7

2bdrms

2

14

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 0 n/a

4 0 n/a

4 3 75%

9 4 44%

3

Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 37 ●

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