squamish DETACHED - SEPTEMBER 2 0 2 3
SALES TO LISTINGS RATIO 6% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL LISTINGS
SALES
▲ 3% VS 2022
▲ 5% VS 2022
▼ 0.6% VS 2022
▼ 50% VS 2022
There were 107 detached listings in Squamish in September, 14% above August and 5% higher than September 2022. September detached home sales decreased by 60% month-over-month, to 6, and were 50% below September 2022. The sales-to-listing ratio for detached in Squamish, at 6%, reflected a buyers' market. The detached median price in September was $1,354,500, a 10% decrease from August and 3% above September 2022. The average sold price was $1,328,000, 13% below last month and down 0.6% to September 2022.
THIS MONTH No. $1,328,000 $1,354,500 6% 6 107
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL LISTINGS TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$1,335,958 $1,313,750 12% 12 102
-0.6% 3% -52% -50% 5%
15 94
-13% -10% -65% -60% 14%
$1,520,233 $1,510,000 16%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
108
107
102
94
93
92
82
94
1.67
89
82
81
1.48
72
1.45
1.45
68
1.39
1.38
23
21
17
15
15
8
7
12
18
15
6
11
11
$1.62M
$1.59M
$1.58M $1.61M
$1.50M $1.53M
$1.51M
$1.36M $1.34M
$1.35M
$1.31M
$1.30M
$1.31M
22-Sep
23-Aug
23-Sep
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
40
30
20
33%
27%
25%
10
3%
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
5 0 n/a
3 1 33%
4 1 25%
11 3 27%
40 1 3%
22 0 n/a
13 0 n/a
9 0 n/a
Copyright © October 10, 2023 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 October 10, 2023. 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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