the rennie review - August 2021

squamish TOWNHOME-JULY 2021

SALESTO LISTINGSRATIO 46% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 16% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 11% VS2020

▲ 13% VS2020

▼ 47% VS2020

▼ 40% VS2020

Therewere26townhomelistingsinSquamishinJuly,4% belowJuneand47%lowerthanJuly2020. Julytownhomesalesdecreasedby56% month-over-month,to12,andwere40%belowJuly 2020. Thesales-to-listingratiofortownhomesinSquamish,at 46%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$800,000,a8% decreasefromJuneand13%aboveJuly2020. Theaveragesoldpricewas$808,217,8%belowlast month;theaveragePSFsalepricewas$573,down5%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

12 26

20 49

16% 11% 13% 13% -40% -47%

28 27

-55% -57% -4%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$573 $808,217 $800,000 46%

$492 $726,575 $705,000 41%

$601 $875,200 $866,250 104%

-5% -8% -8%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 2020 ● JUL 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

49

48

33

37

28

28

26

25

24

26

28

27

20

23

23 23

23

21

15

12

17

15

12

9

8 8

$912K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

$718K

$720K

$720K

$705K

$698K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

100%+

15

4+bdrms

10

11

3bdrms

22

38%

5

1

2bdrms

4

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

5 6 120%

16 6 38%

2 0 n/a

3 0 n/a

Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online