the rennie review - October 2021

squamish TOWNHOME-SEPTEMBER 2021

SALESTO LISTINGSRATIO 100% SELLERS'MARKET

▶ MARKETSUMMARY Therewere17townhomelistingsinSquamishin September,nochangetoAugustand54%lowerthan September2020. Septembertownhomesalesincreasedby55% month-over-month,to17,andwere26%below September2020. Thesales-to-listingratiofortownhomesinSquamish,at 100%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $915,000,a3%decreasefromAugustand31%above September2020. Theaveragesoldpricewas$950,747,6%abovelast month;theaveragePSFsalepricewas$695,up7%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 40% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 34% VS2020

▲ 31% VS2020

▼ 54% VS2020

▼ 26% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

17 17

23 37

40% 34% 31% 61% -26% -54%

11 17

7% 6% -3% 55% 55% 0%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$695 $950,747 $915,000 100%

$495 $706,887 $698,000 62%

$651 $897,591 $940,000 65%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2020 ● SEP 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

37

33

28

28

26

26

25

24

28

27

23

23 23

23

17

17

17

17

12

15

15

12

1

9

8 8

$940K

$915K

$912K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

$720K

$720K

$698K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

12

100%+ 100%

4+bdrms

10

1

8

13

3bdrms

14

6

50%

33%

4

4

2bdrms

2

2

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

3 1 33%

7 12 171%

3 3 100%

2 1 50%

2 0 n/a

Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

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