squamish TOWNHOME - JUNE 2 0 2 4
SALES TO LISTINGS RATIO 38% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 7% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 5% VS 2023
▲ 12% VS 2023
▲ 26% VS 2023
0.0% VS 2023
There were 39 townhome listings in Squamish in June, 5% above May and 26% higher than June 2023. June townhome sales decreased by 17% month-over-month, to 15, and were the same in June 2023. The sales-to-listing ratio for townhomes in Squamish, at 38%, reflected a sellers' market. The townhome median price in June was $1,090,000, a 12% increase from May and 12% above June 2023. The average sold price was $1,060,050, 3% above last month; the average PSF sale price was $719, down 6% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15 39
15 31
7% 5% 12% -21% 0% 26%
18 37
-6% 3% 12% -21% -17% 5%
$719 $1,060,050 $1,090,000 38%
$671 $1,005,060 $970,000 48%
$761 $1,029,511 $976,500 49%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● JUN 2023 ● JUN 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
40
37
39
32
34
31
31
30
29
28
27
26
25
20
18
14
13
15
15
11
13
12
11
11
7
6
$1.09M
$1.04M $999K $1.07M
$977K
$970K
$970K
$970K $965K $1.04M
$953K
$933K
$905K
SQUAMISH
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
14
2
4+ bdrms
12
5
71%
10
13
8
3 bdrms
29
42%
6
4
2 bdrms
5
2
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
3 0 n/a
12 5 42%
14 10 71%
9 0 n/a
1 0 n/a
Copyright © 2024 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 July 8, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 42 ●
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