squamish
DETACHED MARCH
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
17 % DOWN
-
23 % DOWN
13 % UP
BALANCED 20 %
The 92 detached listings in Squamish in March were up 7% compared to February but were 23% below March 2019. March’s detached sales (at 18) increased by 3 month- over-month and by 2 year-over-year. The sales-to-listings ratio in March increased to 20%, as Squamish’s detached segment remained in balanced market territory. At $996,500, the benchmark price for detached homes was 0.5% below February but 6% above March 2019. The average sold price of $936,641 was 11% below February and 17% lower vs March 2019.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 119
% Change
TOTAL LISTINGS
92 18
86 15
7%
-23% 13% 46%
TOTAL SALES
20% 12%
16
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
17%
13%
$996,500 $1,001,400 $936,641 $1,053,523
-0.5% $943,700 -11% $1,126,312
6%
-17%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$943,700 $947,500 $980,900 $975,200 $979,400 $988,100 $996,500
1.49
1.49
1.40
1.38
1.37
1.34
129
124
122
119
92
89
75
22
22
18
17
16
13
12
Mar-19
Feb-20
Mar-20
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of April 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
29
Made with FlippingBook - professional solution for displaying marketing and sales documents online