the rennie review - June 2021

squamish TOWNHOME-MAY 2021

SALESTO LISTINGSRATIO 70% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 28% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 38% VS2020

▲ 28% VS2020

▼ 21% VS2020

▲ 360% VS2020

Therewere33townhomelistingsinSquamishinMay, 43%aboveApriland21%lowerthanMay2020. Maytownhomesalesdecreasedby8% month-over-month,to23,andwere360%aboveMay 2020. Thesales-to-listingratiofortownhomesinSquamish,at 70%,reflectedaseler'smarket. ThetownhomemedianpriceinMaywas$885,000,a 0.1%decreasefromApriland28%aboveMay2020. Theaveragesoldpricewas$945,852,4%abovelast month;theaveragePSFsalepricewas$636,up2.0%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

23 33

$493 $685,281 $690,000 12% 5 42

485% 360% -21%

25 23

2% 4% -0.1% -36% -8% 43%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$636 $945,852 $885,000 70%

$624 $906,679 $885,500 109%

29% 38% 28%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2020 ● MAY 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

49

48

42

44

33

37

28

26

25

24

28

20

23

23

23 23

16

21

15

12

17

15

9

8 8

5

$912K

$886K

$885K

$830K

$788K

$755K

$718K

$720K

$720K

$705K

$697K

$698K

$690K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

20

1

100%+

4+bdrms

3

15

14

58%

3bdrms

10

29

44%

8

5

2bdrms

1

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

9 4 44%

19 11 58%

3 8 267%

2 0 n/a

Copyright©June7,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJune7,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

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