the rennie review - May 2021

squamish TOWNHOME-APRIL 2021

SALESTO LISTINGSRATIO 109% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 31% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 32% VS2020

▲ 28% VS2020

▼ 36% VS2020

▲ 317% VS2020

Therewere23townhomelistingsinSquamishinApril, 0nochangetoMarchand36%lowerthanApril2020. Apriltownhomesalesincreasedby4% month-over-month,to25,andwere317%aboveApril 2020. Thesales-to-listingratiofortownhomesinSquamish,at 109%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$885,500,a3% decreasefromMarchand28%aboveApril2020. Theaveragesoldpricewas$906,679,0.8%abovelast month;theaveragePSFsalepricewas$624,up3%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

25 23

$478 $689,367 $691,500 17% 6 36

552% 317% -36%

24 23

4% 4% 0%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$624 $906,679 $885,500 109%

$607 $899,763 $911,500 104%

3% 0.8% -3%

31% 32% 28%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● APR 2020 ● APR 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

49

42

48

44

36

37

28

26

25

24

28

20

23

23

23

16

21

15

12

17

15

6

9

8 8

5

$912K

$886K

$830K

$788K

$755K

$718K

$720K

$720K

$705K

$692K

$697K

$698K

$690K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

16

1 1

100%+

100%+

14

4+bdrms

12

10

67%

22

3bdrms

8

15

6

2

4

2bdrms

6

2

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

7 9 129%

15 10 67%

1 6 600%

1

Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

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