the rennie review - January 2022

squamish TOWNHOME-DECEMBER 2021

SALESTO LISTINGSRATIO 143% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 28% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 28% VS2020

▲ 27% VS2020

▼ 13% VS2020

▼ 41% VS2020

Therewere7townhomelistingsinSquamishin December,42%belowNovemberand13%lowerthan December2020. Decembertownhomesalesremainedthesame month-over-month,at10,andwere41%below December2020. Thesales-to-listingratiofortownhomesinSquamish,at 143%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$955,950, a5%increasefromNovemberand27%aboveDecember 2020. Theaveragesoldpricewas$984,455,5%abovelast month;theaveragePSFsalepricewas$689,up0.4%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

$689 $984,455 $955,950 143% 10 7

$535 $767,122 $755,000 213% 17 8

29% 28% 27% -33% -41% -13%

10 12

0.4% 5% 5% 71% 0% -42%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$686 $937,990 $908,500 83%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2020 ● DEC 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

26

25

24

27

23 23

23

17

17

17

17

17

12

15

10

12

12

11

8

10

9

8

8

7

$956K

$945K

$940K

$912K

$915K

$909K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

8

1 1

100%+

100%

4+bdrms

6

7

3bdrms

5

4

33%

2

2

2bdrms

1

0

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

1 0 n/a

2 8 400%

3 1 33%

1 1 100%

Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online