the rennie review - April 2021

squamish

TOWNHOME  MARCH 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 16 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO SELLER’S 114 %

MARKET SUMMARY ›

23 % UP

27 % UP

32 % DOWN

167 % UP

At 21, the number of townhome listings in Squamish was 91% higher month-over-month but 32% lower year-over-year. Townhome sales, at 24, were up 71% month-over- month and 167% higher year-over-year. The sales-to-listings ratio decreased to 114% in March as Squamish’s townhome market remained in seller’s market territory. The benchmark price in March was $826,600, 5% above last month and 16% higher than last year. The average sold price was $899,763, while the average PSF sales price was $619 (up 8% and 10%, respectively, from last month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

21 24

11 14

91% 71% -10%

31

-32% 167% 294%

TOTAL SALES

9

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

114%

127%

29%

$826,600 $789,800 $899,763 $833,161

5% $715,600 8% $733,311

16% 23% 27%

$619

$565

10%

$488

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$826,600

$758,500 $775,500 $761,500

$715,600 $683,100 $682,400

51

43

39

31

26

24

23

20

12

21

9

17

5

8

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



  

SELLER'S MARKET BALANCED BUYER'S MARKET





1

4+ bdrms







21



3 bdrms



17







2



<3 bdrms

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

4

S-L RATIO SALES INVENTORY

Copyright © 2021 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 April 6, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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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