the rennie review - August 2023

squamish TOWNHOME-JULY 2023

SALES TO LISTINGSRATIO 41% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 12% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 0.7% VS 2022

▲ 11% VS 2022

▼ 39% VS 2022

▲ 57% VS 2022

Therewere27 townhom elistingsin Squam ish in July, 13% below Juneand 39% lowerthan July2022. Julytownhom esalesdecreased by27% m onth-over-m onth,to11,and were57% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 41% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$970,000,a0% changefrom Juneand 11% aboveJuly2022. Theaveragesold pricewas$1,007,364,0.2% abovelast m onth;theaveragePSF salepricewas$774,up 15% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

11 27

$688 $1,014,857 $870,000 16% 7 44

12% -0.7% 11% 156% 57% -39%

15 31

15% 0.2% 0% -16% -27% -13%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$774 $1,007,364 $970,000 41%

$671 $1,005,060 $970,000 48%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 202 ● JUL 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

38

39

30 31

29

27

24

26 17

25

21

15 15

18

1

8

12

5

7

4

7

6

6

5

$1.08M

$994K

$979K $970K $970K

$945K

$914K $898K $888K

$885K

$870K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

1

8

4+ bdrms

6

78%

6

5

60%

3 bdrms

14

4

5

2 bdrms

2

6

13%

0

<2 bdrms

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

1

S-L RATIO SALES INVENTORY

4 0 n/a

9 7 78%

5 3 60%

8 1 13%

1 0 n/a

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