the rennie review - November 2022

squamish TOWNHOME-OCTOBER 202

SALES TO LISTINGSRATIO 11% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 23% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 14% VS 2021

▼ 3% VS 2021

▲ 375% VS 2021

▼ 76% VS 2021

Therewere38 townhom elistingsin Squam ish in O ctober,10% below Septem berand 375% higherthan October2021. O ctobertownhom esalesdecreased by20% m onth-over-m onth,to 4,and were76% below O ctober 2021. Thesales-to-listing ratio fortow nhom esin Squam ish,at 11% ,reflected abuyers'm arket. Thetownhom em edian pricein Octoberwas$914,000,a 3% increasefrom Septem berand 3% below O ctober 2021. Theaveragesold pricewas$901,975,1.9% below last m onth;theaveragePSF salepricewas$581,down 16% tolastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$581 $901,975 $914,000 11% 4 38

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

-23% -14% -3% -95% -76% 375%

$690 $919,100 $885,000 12% 5 42

-16% -1.9% 3% -12% -20% -10%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2021 ● OCT 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

39

38

39

35

24

28

17

17

15

12

12

17

10

15 15

12

12

8 10

5

7

7 6

4

$1.10M $1.04M $1.10M

$994K

$945K $909K $956K

$950K $985K $998K

$885K $914K

$870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

25

4+ bdrms

20

4

15

4

3 bdrms

32

10

2 bdrms

20%

5

2

13%

0

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

<2 bdrms

S-L RATIO SALES INVENTORY

5 1 20%

23 3 13%

9 0 n/a

1 0 n/a

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