the rennie review - October 2020

squamish

TOWNHOME  SEPTEMBER 

AVERAGE PRICE

AVERAGE PSF PRICE 3 % UP

BENCHMARK PRICE 5 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

29 % DOWN

SELLER’S 66 %

0.6 % UP

92 % UP

At 35, the number of townhome listings in Squamish were 29% lower month-over-month and year-over-year. Townhome sales, at 23, were up 10% month-over- month and 92% higher year-over-year. The sales-to-listings ratio increased to 66% in September as Squamish’s townhome market remained in seller’s market territory. The benchmark price in September was $758,500, 6% above last month and 5% higher than last year. The average sold price was $706,887, while the average PSF sales price was $499 (down 0.9% and 4%, respectively, from last month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

35 23

49 21

-29% 10% 53%

49 12

-29% 92% 168%

TOTAL SALES

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

66%

43%

24%

$758,500 $717,100 $706,887 $713,164

6% $720,500 -0.9% $702,400

5%

0.6%

$499

$519

-4%

$483

3%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$758,500

$720,500 $708,300 $733,800 $715,600

$683,100 $682,400

50

49

43

37

35

31

27

23

20

16

12

9

5

5

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY

     

  

SELLER'S MARKET BALANCED BUYER'S MARKET



1



4+ bdrms

18

    

3 bdrms



28

4

<3 bdrms

. . . . 0 0 0 0 QD    QD QD QD QD                

7

S-L RATIO SALES INVENTORY

Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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