the rennie review - March 2021

squamish

TOWNHOME  FEBRUARY 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 10 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO SELLER’S 156 %

MARKET SUMMARY ›

22 % UP

12 % UP

67 % DOWN

0.0 %

At 9, the number of townhome listings in Squamish was 13% higher month-over-month but 67% lower year-over-year. Townhome sales, at 14, were up 17% month-over- month and unchanged year-over-year. The sales-to-listings ratio increased to 156% in February as Squamish’s townhome market remained in seller’s market territory. The benchmark price in February was $789,800, 4% above last month and 10% higher than last year. The average sold price was $833,161, while the average PSF sales price was $565 (up 12% and 7%, respectively, from last month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

9

8

13% 17%

27 14

-67% 0.0% 200%

TOTAL SALES

14

12

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

156%

150%

4%

52%

$789,800 $761,500 $833,161 $743,825

4% $715,900 12% $684,586

10% 22% 12%

$565

$528

7%

$505

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$758,500 $788,300 $789,800

$715,900 $685,800 $681,500 $717,100

50

45

39

34

27

21

28

17

16

14

14

6

9

7

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





2

4+ bdrms





9





3 bdrms

8





3



<3 bdrms

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

1

S-L RATIO SALES INVENTORY

Copyright © 2021 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 March 3, 2021. 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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