the rennie review - April 2023

squamish TOWNHOME-MARCH 2023

SALES TO LISTINGSRATIO 65% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 4% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 15% VS 2022

▼ 14% VS 2022

▲ 53% VS 2022

0% VS 2022

Therewere26 townhom elistingsin Squam ish in M arch, 8% aboveFebruaryand 53% higherthan M arch 2022. M arch townhom esalesincreased by143% m onth-over-m onth,to 17,and werethesam ein M arch 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 65% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$945,000,a 9% increasefrom Februaryand 14% below M arch 2022. Theaveragesold pricewas$937,461,10% abovelast m onth;theaveragePSF salepricewas$671,up 5% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

17 26

17 17

-4% -15% -14% -35% 0% 53%

$637 $851,700 $870,000 29% 7 24

124% 143% 8%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$671 $937,461 $945,000 65%

$700 $1,097,248 $1,100,000 100%

5% 10% 9%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAR 202 ● MAR 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

39

38

39

35

24

26

28

25

17 17

17

21

15

18

15 15

8

5

4

7

7

6

6

5

$1.10M

$994K

$950K $985K $998K

$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

12

2

100%+ 100%+

10

4+ bdrms

4

8

14

3 bdrms

6

19

36%

4

1

2 bdrms

3

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 3 300%

8 10 125%

11 4 36%

6 0 n/a

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