the rennie review - January 2023

squamish TOWNHOME-DECEMBER 202

SALESTO LISTINGSRATIO 29% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▼ 13% VS2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 10% VS2021

▼ 7% VS2021

▲ 200% VS2021

▼ 40% VS2021

Therewere21 townhom elistingsin Squam ish in D ecem ber,16% below N ovem berand 200% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by25% m onth-over-m onth,to6,and were40% below D ecem ber 2021. Thesales-to-listing ratio fortow nhom esin Squam ish,at 29% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas$887,500, a1.1% decreasefrom N ovem berand 7% below D ecem ber 2021. Theaveragesold pricewas$882,333,3% below last m onth;theaveragePSF salepricewas$596,up 3% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

$596 $882,333 $887,500 29% 6 21

$689 $984,455 $955,950 143% 10 7

-13% -10% -7% -80% -40% 200%

$576 $906,250 $897,500 32% 8 25

3% -3% -1.1% -11% -25% -16%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2021 ● DEC 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

39

38

39

35

24

28

25

21

17

15

12

17

10

15 15

8

12

12

5

7

4

6

7

6

$1.10M $1.04M $1.10M

$994K

$956K

$950K $985K $998K

$885K $914K $898K $888K

$870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

8

4+bdrms

2

6

6

3bdrms

18

4

50%

25%

2

2bdrms

1

13%

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

4 1 25%

8 4 50%

8 1 13%

1 0 n/a

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