squamish CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 28% VS 2022
▲ 28% VS 2022
▲ 3% VS 2022
▼ 11% VS 2022
Therewere41 condolistingsin Squam ish in O ctober,5% aboveSeptem berand 3% higherthan October2022. O ctobercondosalesincreased by14% m onth-over-m onth,to 8,and were11% below O ctober 2022. Thesales-to-listing ratio forcondosin Squam ish,at20%, reflected abalanced m arket. Thecondom edian pricein Octoberwas$671,250,a0.2% increasefrom Septem berand 28% aboveO ctober2022. Theaveragesold pricewas$690,938,3% abovelast m onth;theaveragePSF salepricewas$724,down 8% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$724 $690,938 $671,250 20% 8 41
$760 $541,000 $525,000 23% 9 40
-5% 28% 28% -13% -11% 3%
$789 $669,571 $670,000 18% 7 39
-8% 3% 0.2% 9% 14% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
39
39
41
40
36
34
33
26
30
28
27
24 24
14
14
13
12
1
9
1
8
8
8
7
7
4
$709K
$710K $688K
$685K
$670K $671K
$636K $623K
$605K
$568K
$548K
$525K
$520K
SQUAMISH
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
20
4+ bdrms
15
3
3 bdrms
6
50%
10
3
25%
2 bdrms
5
18
9%
0
2
<$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
1 0 n/a
12 3 25%
22 2 9%
6 3 50%
17
Copyright© 2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber3,2023.Aldatafrom RealEstateBoardofGreaterVancouverand FraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshouldtakestepsas therecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationis subjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 43 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online