the rennie review - August 2020

CONDO  JULY  squamish

AVERAGE PRICE

AVERAGE PSF PRICE 9 % UP

BENCHMARK PRICE 2 % DOWN

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

6 % UP

5 % DOWN

SELLER’S 26 %

82 % UP

Condo listings in Squamish in July, at 78, were 13% above June but 5% lower than in July 2019. Year-over-year condo sales were up 82% in July and 18% higher month-over-month (to 20). Increasing to 26%, the sales-to-listings ratio for condos in Squamish favoured sellers. July’s condo benchmark price of $467,200 was 7% below June and 2% lower year-over-year. The average sold price was $466,733 at an average PSF sales price of $557 (down 5% and up 2%, respectively, month-over-month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

78 20

69 17

13% 18%

82 11

-5% 82% 91% -2%

TOTAL SALES

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

26%

25%

4%

13%

$467,200 $502,700 $466,733 $492,824

-7% $478,600 -5% $439,364

6% 9%

$557

$544

2%

$511

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$478,600 $491,600 $497,000 $478,800 $486,900 $480,000 $467,200

91

82

78

77

66

53

53

20

11

11

12

7

6

4

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



3

3+ bdrms

8





9

2 bdrms

42



 

8

<2 bdrms

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

28

S-L RATIO SALES INVENTORY

Copyright © 2020 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 August 7, 2020. 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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