the rennie review - November 2019

squamish

CONDO - OCTOBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

BENCHMARK PRICE 5 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

8 % DOWN

26 % UP

300 % UP

SELLER’S 33 %

Condo listings in Squamish decreased to 73 in October 2019, 19% below September but 26% higher than in October 2018. Year-over-year and month-over-month condo sales were both up by 18 in October (to 24). Increasing to 33%, the sales-to-listings ratio reflect- ed seller’s market conditions. October’s condo benchmark price of $511,400 was 4% higher month-over-month and 5% higher year-over-year. The average sold price was $450,704 at an average PSF sales price of $533 (down 11% and up 3%, respectively, month-over-month).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

73 24

90

-19% 300% 393%

58

26%

TOTAL SALES

6

6

300% 218%

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

33%

7%

10%

$511,400 $491,600 $450,704 $504,883

4% $489,300 -11% $489,067

5%

-8%

$533

$517

3%

$508

5%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$523,400 $518,100 $512,100 $500,900 $511,400

$489,300 $499,100

87

84

73

69

58

57

55

24

11

9

6

5

5

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



2



3+ bdrms

6

12

2 bdrms

41



 

10

<2 bdrms

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

26

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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