the rennie review - November 2019

squamish

TOWNHOME - OCTOBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 3 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

0.3 % UP

0.7 % DOWN

41 % DOWN

36 % UP

SELLER’S 43 %

At 35, the number of townhome listings in Squamish were 27% lower in October than in September and 41% below October 2018. Townhome sales, at 15, were up by 3 vs September and 4 higher year-over-year. The sales-to-listings ratio rose to 43% in October as Squamish’s townhome market remained favourable to sellers. The benchmark price in October was $705,900, 2% below last month and 3% lower than last year. The average sold price was $674,367, while the average PSF sales price was $455 (down 4% and 6%, respectively, from last month).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

35 15

48 12

-27% 25% 71%

59 11

-41% 36% 130% 0.3% -0.7% -3%

TOTAL SALES

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

43%

25%

19%

$705,900 $720,500 $674,367 $702,400

-2% $727,200 -4% $672,636

$455

$483

-6%

$458

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$727,200

$675,100 $678,800 $676,100 $684,600 $705,900 $705,900

59

50

46

46

43

40

35

16

15

11

11

8

7

3

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY



  

SELLER'S MARKET BALANCED BUYER'S MARKET





4+ bdrms





15

3 bdrms



31







<3 bdrms



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

4

S-L RATIO SALES INVENTORY

Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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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