the rennie review - November 2022

squamish CONDO -OCTOBER 202

SALES TO LISTINGSRATIO 23% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 2% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 18% VS 2021

▼ 18% VS 2021

▲ 82% VS 2021

▼ 65% VS 2021

Therewere40 condolistingsin Squam ish in O ctober,3% aboveSeptem berand 82% higherthan October2021. O ctobercondosalesdecreased by31% m onth-over-m onth,to 9,and were65% below O ctober 2021. Thesales-to-listing ratio forcondosin Squam ish,at23%, reflected aselers'm arket. Thecondom edian pricein Octoberwas$525,000,a18% decreasefrom Septem berand 18% below O ctober2021. Theaveragesold pricewas$541,000,17% below last m onth;theaveragePSF salepricewas$760,down 1.9% tolastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$760 $541,000 $525,000 23% 9 40

26 22

2% -18% -18% -81% -65% 82%

13 39

-1.9% -17% -18% -32% -31% 3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$742 $660,979 $637,500 118%

$775 $648,700 $642,000 33%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2021 ● OCT 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46 45

40

39

38

30

26

26

30

23

20

22

19

18

15

13

13

17

17

10

9

9

9

3

7

6

$835K

$812K

$726K $760K

$674K $626K $640K

$650K

$638K

$634K

$606K $642K

$525K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100%

15

4+ bdrms

10

3 bdrms

7

33%

5

3

2 bdrms

18%

18

0

6

<$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

1 1 100%

15 5 33%

17 3 18%

6 0 n/a

1 0 n/a

15

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