squamish TOWNHOME - OCTOBER 2 0 2 4
SALES TO LISTINGS RATIO 27% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 4% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 11% VS 2023
▲ 17% VS 2023
▲ 13% VS 2023
0.0% VS 2023
There were 45 townhome listings in Squamish in October, 12% below September and 13% higher than October 2023. October townhome sales decreased by 45% month-over-month, to 12, and were the same in October 2023. The sales-to-listing ratio for townhomes in Squamish, at 27%, re'ected a sellers' market. The townhome median price in October was $1,110,000, a 18% increase from September and 17% above October 2023. The average sold price was $1,075,742, 6% above last month; the average PSF sale price was $691, 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
12 45
12 40
4% 11% 17% -11% 0% 13%
22 51
-6% 6% 18% -38% -45% -12%
$691 $1,075,742 $1,110,000 27%
$668 $971,750 $952,500 30%
$733 $1,011,468 $937,500 43%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● OCT 2023 ● OCT 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
47
52
51
45
37
40
39
32
34
31 20
29
22
28
26
18
18
14
11
12
15
13
12
7
7
6
$1.11M
$1.09M $1.02M
$1.04M $999K $1.07M
$1.04M
$970K
$977K
$965K
$960K
$953K
$938K
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
100%
2
4+ bdrms
7
15
6
3 bdrms
10
30
43%
4
22% 24%
5
2 bdrms
8
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
1 1 100%
18 4 22%
17 4 24%
7 3 43%
2 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 November 12, 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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