the rennie review - September 2022

squamish CONDO -AUGUST 202

SALES TO LISTINGSRATIO 13% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 24% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 31% VS 2021

▲ 17% VS 2021

▲ 137% VS 2021

▼ 45% VS 2021

Therewere45 condolistingsin Squam ish in August,2% below Julyand 137% higherthan August2021. Augustcondosalesincreased by100% m onth-over-m onth,to 6,and were45% below August 2021. Thesales-to-listing ratio forcondosin Squam ish,at13%, reflected abalanced m arket. Thecondom edian pricein Augustwas$606,000,a5% decreasefrom Julyand 17% aboveAugust2021. Theaveragesold pricewas$624,633,1.6% below last m onth;theaveragePSF salepricewas$776,up 0.9% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$776 $624,633 $606,000 13% 6 45

11 19

-77% -45% 137%

$769 $635,000 $640,000 7% 3 46

0.9% -1.6% -5% 104% 100% -2%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$625 $478,455 $519,000 58%

24% 31% 17%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 2021 ● AUG 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

45

46

38

30

26

26

25

30

23

20

19

18

19

22

15

13

17

17

10

14

1

9

9

3

6

7

$860K

$835K

$812K

$726K $760K

$650K

$638K

$634K $674K

$626K $640K $606K

$519K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

4+ bdrms

15

3 bdrms

5

10

3

5

21%

2 bdrms

15%

24

0

3

<$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

3 0 n/a

14 3 21%

20 3 15%

8 0 n/a

16

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