the rennie review - January 2022

squamish CONDO-DECEMBER 2021

SALESTO LISTINGSRATIO 167% SELLERS'MARKET

▶ MARKETSUMMARY Therewere9condolistingsinSquamishinDecember, 47%belowNovemberand79%lowerthanDecember 2020. Decembercondosalesdecreasedby21% month-over-month,to15,andwere40%below December2020. Thesales-to-listingratioforcondosinSquamish,at 167%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$650,000,a 20%decreasefromNovemberand33%aboveDecember 2020. Theaveragesoldpricewas$621,926,22%belowlast month;theaveragePSFsalepricewas$760,down3%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 33% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 17% VS2020

▲ 33% VS2020

▼ 79% VS2020

▼ 40% VS2020

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

$760 $621,926 $650,000 167% 15 9

25 42

180% -40% -79%

19 17

-3% -22% -20% 49% -21% -47%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$571 $531,448 $490,000 60%

$783 $801,250 $812,000 112%

33% 17% 33%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● DEC 2020 ● DEC 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

52

43

42

42

35 36

39

26

25

25

25

25

28

27

19

16

22

21

19

17 15

16

14

14

1

9

$860K

$812K

$645K

$650K

$638K

$622K

$599K

$572K

$565K

$525K

$519K

$499K

$490K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

6

1

100%

100%+ 100%+

4+bdrms

5

4

1

3bdrms

3

40%

2

7

2bdrms

9

1

0

6

<$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 1 100%

1 6 600%

2 6 300%

5 2 40%

Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 37 ●

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