the rennie review - June 2023

squamish TOWNHOME-MAY 2023

SALES TO LISTINGSRATIO 50% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 6% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 4% VS 2022

▼ 0.6% VS 2022

▼ 23% VS 2022

0.0% VS 2022

Therewere30 townhom elistingsin Squam ish in M ay, 3% aboveApriland 23% lowerthan M ay2022. M aytownhom esalesincreased by25% m onth-over-m onth,to 15,and werethesam ein M ay 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 50% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$979,000,a9% decreasefrom Apriland 0.6% below M ay2022. Theaveragesold pricewas$1,022,793,4% below last m onth;theaveragePSF salepricewas$660,up 3% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

15 30

15 39

-6% 4% -0.6% 30% 0% -23%

12 29

3% -4% -9% 21% 25% 3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$660 $1,022,793 $979,000 50%

$701 $985,853 $985,000 38%

$637 $1,067,917 $1,078,000 41%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 202 ● MAY 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

38

39

39

35

29

30

24

26 17

25

21

15

18

15

15

8

12

5

4

7

7

6

6

5

$1.08M

$994K

$985K $998K

$979K

$945K

$914K $898K $888K

$885K

$870K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

14

1

100%

12

4+ bdrms

8

10

67%

11

8

62%

3 bdrms

18

6

3

4

2 bdrms

20%

4

2

0

<2 bdrms

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

S-L RATIO SALES INVENTORY

1 1 100%

13 8 62%

6 4 67%

10 2 20%

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