the rennie review - January 2023

squamish CONDO -DECEMBER 202

SALESTO LISTINGSRATIO 26% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere27 condolistingsin Squam ish in D ecem ber, 31% below N ovem berand 200% higherthan D ecem ber 2021. D ecem bercondo salesdecreased by 36% m onth-over-m onth,to7,and were53% below D ecem ber 2021. Thesales-to-listing ratio forcondosin Squam ish,at26%, reflected aselers'm arket. Thecondom edian pricein D ecem berwas$685,000,a 13% increasefrom N ovem berand 5% aboveD ecem ber 2021. Theaveragesold pricewas$657,571,4% abovelast m onth;theaveragePSF salepricewas$704,down 6% to lastm onth.

AVERAGEPRICE

AVERAGE PSFPRICE ▼ 7% VS2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 6% VS2021

▲ 5% VS2021

▲ 200% VS2021

▼ 53% VS2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

$704 $657,571 $685,000 26% 7 27

$760 $621,926 $650,000 167% 15 9

-84% -53% 200%

11 39

-6% 4% 13% -8% -36% -31%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$753 $630,091 $605,000 28%

-7% 6% 5%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2021 ● DEC 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

40

45

39

39

38

30

26

30

23

27

20

18

15

13

13

17

1

10

7

9

9

9

3

7

6

$835K

$726K $760K

$685K

$674K $626K $640K

$650K

$634K

$606K $642K

$605K

$525K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

14

4+bdrms

12

10

1

8

3bdrms

4

50%

6

4

4

25%

2bdrms

14%

11

2

0

2

<$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

1 0 n/a

14 2 14%

8 4 50%

4 1 25%

12

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