the rennie review - August 2022

squamish DETACHED -JULY 202

SALES TO LISTINGSRATIO 13% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 10% VS 2021

▲ 3% VS 2021

▲ 54% VS 2021

0% VS 2021

Therewere106 detached listingsin Squam ish in July,4% below Juneand 54% higherthan July2021. July detached hom esalesdecreased by 22% m onth-over-m onth,to 14,and were thesam ein July 2021. Thesales-to-listing ratio fordetached in Squam ish,at 13% ,reflected abalanced m arket.

THISMONTH No. $1,274,750 $1,338,000 13% 14 106

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

14 69

-10% 3% -35% 0% 54%

$1,708,444 $1,507,500 16% 18 110

-25% -11% -19% -22% -4%

Thedetachedm edian pricein Julywas$1,338,000,a11% decreasefrom Juneand 3% aboveJuly2021.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,418,231 $1,300,000 20%

Theaveragesold pricewas$1,274,750,25% below last m onth and down 10% toJuly2021.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

106

10

89

1.63

1.59

1.54

1.51

69

1.36

55 68

51

1.29

44

54

47 24

28

41

27

24

34

19

18

23

14

14

20

20

20

19

13

$1.68M $1.77M

$1.54M $1.53M $1.63M $1.53M $1.63M

$1.50M $1.51M

$1.34M

$1.30M $1.26M $1.35M

Jul-21

Jun-22

Jul-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

35

30

25

20

60%

15

40%

32%

10

5

10%

5%

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 3 60%

2 0 n/a

5 2 40%

19 6 32%

33 1 3%

19 1 5%

10 1 10%

13 0 n/a

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