the rennie review | November 2023

squamish DETACHED -OCTOBER 2 0 2 3

SALES TO LISTINGSRATIO 7% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 1.8% VS 2022

▼ 4% VS 2022

▼ 8% VS 2022

▼ 53% VS 2022

Therewere99 detached listingsin Squam ish in O ctober, 7% below Septem berand 8% lowerthan October2022. O ctoberdetached hom esalesincreased by 17% m onth-over-m onth,to 7,and were53% below O ctober 2022. Thesales-to-listing ratio fordetached in Squam ish,at7% , reflected abuyers'm arket. Thedetachedm edian pricein Octoberwas$1,550,000,a 14% increasefrom Septem berand 4% below O ctober 2022. Theaveragesold pricewas$1,694,286,28% abovelast m onth and down 1.8% toOctober2022.

THISMONTH No. $1,694,286 $1,550,000 7% 7 99

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$1,725,733 $1,620,000 14% 15 108

-1.8% -4% -49% -53% -8%

$1,328,000 $1,354,500 6% 6 107

28% 14% 26% 17% -7%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

107

108

94

94

93

99

92

82

1.771.74

89

82

1.63

81

72

68

1.45

1.42

1.39

23

21

17

15

15

7 8

6

18

15

7

1

1

$1.62M

$1.59M

$1.58M $1.61M

$1.55M

$1.50M $1.53M

$1.51M

$1.36M $1.34M

$1.35M

$1.30M

$1.31M

22-Oct

23-Sep 23-Oct

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

35

30

25

20

15

10

18%

11%

5

9%

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

6 0 n/a

5 0 n/a

4 0 n/a

11 2 18%

34 3 9%

18 2 11%

12 0 n/a

9 0 n/a

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