squamish DETACHED -FEBRUARY 2023
SALES TO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 11% VS 2022
▲ 100% VS 2022
▼ 40% VS 2022
Therew ere 82 detached listingsin Squam ish in February, 21% aboveJanuaryand 100% higherthan February2022. February detached hom esalesincreased by 50% m onth-over-m onth,to12,and were40% below February 2022. Thesales-to-listing ratio fordetached in Squam ish,at 15% ,reflected abalanced m arket. Thedetachedm edian pricein Februarywas$1,444,500, a11% increasefrom Januaryand 11% below February 2022. Theaveragesold pricewas$1,479,667,26% abovelast m onth and down 10% toFebruary2022.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change -10% -11% -70% -40% 100%
No.
% Change 26% 11% 24% 50% 21%
TOTALLISTINGS TOTALSALES
12 82
20 41
$1,177,750 $1,307,000 12% 8 68
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,479,667 $1,444,500 15%
$1,646,468 $1,630,000 49%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
108
10
106
93
102 102
1.66
82
1.58
89
1.56
1.51
1.44
72
68
68
55
1.23
41
27
24
18
15
14
20
12
1
8
8
7
19
12
$1.68M $1.77M $1.63M
$1.62M
$1.59M
$1.50M $1.51M
$1.34M $1.28M $1.31M
$1.30M
$1.31M $1.44M
Feb-22
Jan-23
Feb-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
20
15
57%
10
33%
5
20%
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
3 0 n/a
2 0 n/a
7 4 57%
9 3 33%
20 4 20%
14 0 n/a
14 1 7%
13 0 n/a
Copyright© March2,2023renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofMarch2,2023.Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
38
Made with FlippingBook - professional solution for displaying marketing and sales documents online