the rennie review | November 2023

squamish TOWNHOME-OCTOBER 2 0 2 3

SALES TO LISTINGSRATIO 30% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere40 townhom elistingsin Squam ish in O ctober,33% aboveSeptem berand 5% higherthan October2022. O ctobertownhom esalesincreased by9% m onth-over-m onth,to 12,and were200% aboveO ctober 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 30% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$952,500,a 2% increasefrom Septem berand 4% aboveO ctober 2022. Theaveragesold pricewas$971,750,5% abovelast m onth;theaveragePSF salepricewas$668,down 3% to lastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 15% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 8% VS 2022

▲ 4% VS 2022

▲ 5% VS 2022

▲ 200% VS 2022

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

12 40

$581 $901,975 $914,000 11% 4 38

185% 200% 5%

11 30

-3% 5% 2% -18% 9% 33%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$668 $971,750 $952,500 30%

$689 $928,855 $932,500 37%

15% 8% 4%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2022 ● OCT 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

38

40

31

29

30

30

24

27

26 17

25

25

21

14 15

18

13

12

8

12

1

1

7

4

6

5

$1.08M

$978K $970K $970K $905K $933K $953K

$945K

$914K $898K $888K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

14

1

4+ bdrms

12

9

10

8

3 bdrms

8

26

50%

6

36%

3

25%

4

2 bdrms

4

8%

2

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 1 25%

10 5 50%

14 5 36%

12 1 8%

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