the rennie review - September 2022

squamish TOWNHOME-AUGUST 202

SALES TO LISTINGSRATIO 15% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 18% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 5% VS 2021

▲ 6% VS 2021

▲ 129% VS 2021

▼ 45% VS 2021

Therewere39 townhom elistingsin Squam ish in August, 11% below Julyand 129% higherthan August2021. Augusttownhom esalesdecreased by14% m onth-over-m onth,to 6,and were45% below August 2021. Thesales-to-listing ratio fortow nhom esin Squam ish,at 15% ,reflected abalanced m arket. Thetownhom em edian pricein Augustwas$993,750,a 14% increasefrom Julyand 6% aboveAugust2021. Theaveragesold pricewas$941,333,7% below last m onth;theaveragePSF salepricewas$769,up 12% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$769 $941,333 $993,750 15% 6 39

11 17

-76% -45% 129%

$688 $1,014,857 $870,000 16% 7 44

12% -7% 14% -3% -14% -11%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$651 $897,591 $940,000 65%

18% 5% 6%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 2021 ● AUG 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

44

39

39

35

24

28

17

17

17

15

17

12

12

17

17

10

15 15

12 12

1

10

6

8

7

7

$1.10M $1.04M $1.10M

$994K

$950K $985K $998K

$940K $915K $945K $909K $956K

$870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

100%

4+ bdrms

5

15

3

3 bdrms

10

31

2

5

2 bdrms

16%

3

11%

0

1

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

1 1 100%

18 2 11%

19 3 16%

1 0 n/a

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