the rennie review - September 2022

squamish DETACHED -AUGUST 202

SALES TO LISTINGSRATIO 8% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 1.1% VS 2021

▲ 1.6% VS 2021

▲ 89% VS 2021

▼ 58% VS 2021

Therewere102 detachedlistingsin Squam ish in August, 4% below Julyand 89% higherthan August2021. Augustdetached hom esalesdecreased by43% m onth-over-m onth,to 8,and were58% below August 2021. Thesales-to-listing ratio fordetached in Squam ish,at8% , reflected abuyers'm arket.

THISMONTH No. $1,145,625 $1,280,000 8% 8 102

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

19 54

1.1% 1.6% -78% -58% 89%

$1,274,750 $1,338,000 13% 14 106

-10% -4% -41% -43% -4%

Thedetachedm edian pricein Augustwas$1,280,000,a 4% decreasefrom Julyand 1.6% aboveAugust2021.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,133,358 $1,260,000 35%

Theaveragesold pricewas$1,145,625,10% below last m onth and up 1.1% toAugust2021.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

10

102

106

1.81

89

1.64

1.54

55 68

51

1.36

54

1.34

44

1.29

47 24

41

28

27

24

34

18

14

19

23

20

20

20

19

8

13

$1.68M $1.77M $1.54M $1.53M $1.63M $1.53M $1.63M

$1.50M $1.51M

$1.34M $1.28M

$1.26M $1.35M

Aug.-21

Jul.-22

Aug.-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

30

100%+

25

20

15

10

15%

5

7%

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

2 3 150%

2 0 n/a

6 0 n/a

20 3 15%

30 2 7%

16 0 n/a

11 0 n/a

15 0 n/a

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