the rennie review - January 2022

squamish DETACHED-DECEMBER 2021

SALESTO LISTINGSRATIO 82% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 27% VS2020

▲ 35% VS2020

▼ 30% VS2020

▼ 15% VS2020

Therewere28detachedlistingsinSquamishin December,36%belowNovemberand30%lowerthan December2020. Decemberdetachedhomesalesincreasedby15% month-over-month,to23,andwere15%below December2020. Thesales-to-listingratiofordetachedinSquamish,at 82%,reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$1,631,500, a7%increasefromNovemberand35%aboveDecember 2020. Theaveragesoldpricewas$1,655,261,15%abovelast monthandup27%toDecember2020.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

23 28

27 40

27% 35% 22% -15% -30%

20 44

15% 7% 81% 15% -36%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,655,261 $1,631,500 82%

$1,435,267 $1,529,167 45%

$1,305,399 $1,210,000 68%

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIANPRICE

66

71 69

70 70

65

1.71

51

1.68

1.601.54

46

54

44

50

1.47

47

33

40

24

28

27

31

29

19

1.12

23

20

20

19

19

14

$1.63M

$1.54M

$1.53M

$1.53M

$1.53M

$1.49M $1.38M

$1.38M

$1.35M

$1.30M

$1.26M

$1.21M

$1.20M

Dec-20

Nov-21

Dec-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

12

100%+

100%

100%+

10

80%

8

6

4

33%

33%

2

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-LRATIO SALES INVENTORY

3 1 33%

1 3 300%

3 3 100%

10 11 110%

5 4 80%

3 1 33%

3 0 n/a

Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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