the rennie review - August 2022

squamish TOWNHOME-JULY 202

SALES TO LISTINGSRATIO 16% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 20% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 26% VS 2021

▲ 9% VS 2021

▲ 69% VS 2021

▼ 42% VS 2021

Therewere44 townhom elistingsin Squam ish in July, 26% aboveJuneand 69% higherthan July2021.

Julytownhom esalesdecreased by53% m onth-over-m onth,to7,and were42% below July2021.

THISMONTH No. $688 $1,014,857 $870,000 16% 7 44

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

Thesales-to-listing ratio fortow nhom esin Squam ish,at 16% ,reflected abalanced m arket.

TOTALLISTINGS TOTALSALES

12 26

20% 26% 9% -66% -42% 69%

15 35

-13% -63% -53% 26%

Thetownhom em edian pricein Julywas$870,000,a13% decreasefrom Juneand 9% aboveJuly2021. Theaveragesold pricewas$1,014,857,2% below last m onth;theaveragePSF salepricewas$688,down 5% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$573 $808,217 $800,000 46%

$721 $1,040,267 $998,000 43%

-5% -2%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUL 2021 ● JUL 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

44

39

35

26

24

28

17

17

17

15

12

12

17

17

17

10

15 15

12

12 12

1

10

8

7

7

$1.10M $1.04M $1.10M

$950K $985K $998K

$940K $915K $945K $909K $956K

$870K

$800K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

1

4+ bdrms

5

15

67%

6

3 bdrms

32

10

22%

5

2 bdrms

6

5%

0

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

<2 bdrms

S-L RATIO SALES INVENTORY

2 0 n/a

18 4 22%

21 1 5%

3 2 67%

1

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