the rennie review - October 2021

squamish DETACHED-SEPTEMBER 2021

SALESTO LISTINGSRATIO 39% SELLERS'MARKET

▶ MARKETSUMMARY Therewere51detachedlistingsinSquamishin September,6%belowAugustand54%lowerthan September2020. Septemberdetachedhomesalesincreasedby5% month-over-month,to20,andwere26%below September2020. Thesales-to-listingratiofordetachedinSquamish,at 39%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,352,500,a7%increasefromAugustand18%above September2020. Theaveragesoldpricewas$1,350,925,19%abovelast monthandup22%toSeptember2020.

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 22% VS2020

▲ 18% VS2020

▼ 54% VS2020

▼ 26% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

20 51

$1,105,474 $1,150,000 24% 27 112

22% 18% 63% -26% -54%

19 54

19% 7% 11% 5% -6%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,350,925 $1,352,500 39%

$1,133,358 $1,260,000 35%

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIANPRICE

12

96

1.81

71

70

69

69

1.65

66

70

1.48

1.47

65

51

1.34

54

38

50

33

46

40 27

27

19

1.06

31

30

29

20

19

19

14

$1.53M

$1.53M

$1.49M

$1.38M

$1.38M

$1.35M

$1.30M

$1.27M

$1.26M

$1.21M

$1.20M

$1.15M

$1.06M

Sep-20

Aug-21

Sep-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

16

100%

100%+ 100%+

14

12

10

63%

8

6

27%

4

17%

11%

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

3 3 100%

1 2 200%

3 4 133%

8 5 63%

15 4 27%

9 1 11%

6 1 17%

6 0 n/a

Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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