the rennie review - June 2021

squamish DETACHED-MAY 2021

SALESTO LISTINGSRATIO 47% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 32% VS2020

▲ 28% VS2020

▼ 25% VS2020

▲ 175% VS2020

Therewere70detachedlistingsinSquamishinMay,0no changetoApriland25%lowerthanMay2020. Maydetachedhomesalesincreasedby14% month-over-month,to33,andwere175%aboveMay 2020. Thesales-to-listingratiofordetachedinSquamish,at 47%,reflectedaseler'smarket.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

33 70

12 93

265% 175% -25%

29 70

-10% -9% 14% 14% 0%

ThedetachedmedianpriceinMaywas$1,384,000,a9% decreasefromApriland28%aboveMay2020.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,441,652 $1,384,000 47%

$1,594,662 $1,525,000 41%

$1,095,574 $1,083,000 13%

Theaveragesoldpricewas$1,441,652,10%belowlast monthanddown32%toMay2020.

32% 28%

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIANPRICE

106

12

96

93

97

1.571.62 1.57 1.72

96

70

69

1.561.55

66

65

70

46

38

50

29

40 27

33

25

31

30

29

27

12

19

17

$1.53M

$1.49M

$1.38M

$1.38M

$1.27M

$1.21M

$1.20M

$1.16M

$1.15M

$1.13M

$1.08M

$1.10M

$1.06M

May-20

Apr-21

May-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

25

100%+

100%

100%+ 100%+

20

73%

15

10

40%

33%

5

10%

0

<$600K

$600-799K

$800-999K

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M

$2.0M-2.49M

$2.5M-2.99M

$3M+

S-LRATIO SALES INVENTORY

1 2 200%

1 1 100%

1 2 200%

1 4 400%

15 11 73%

24 8 33%

10 4 40%

10 1 10%

7 0 n/a

Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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