rennie review - January 2020

squamish

TOWNHOME - DECEMBER 2019

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 8 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

16 % UP

70 % DOWN

SELLER’S 60 %

2 % DOWN

200 % UP

At 15, the number of townhome listings in Squamish were 58% lower in December than in November and 70% below December 2018. Townhome sales, at 9, were down by 7 vs November but 6 higher year-over-year. The sales-to-listings ratio rose to 60% in December as Squamish’s townhome market remained favour- able to sellers. The benchmark price in December was $732,300, 3% above last month and 8% higher than last year. The average sold price was $727,300, while the average PSF sales price was $515 (up 3% and 4%, respectively, from last month).

VS 2018

VS 2018

VS 2018

VS 2018

VS 2018

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

15

36 16

-58% -44% 35%

50

-70% 200% 900%

TOTAL SALES

9

3

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

60%

44%

6%

$732,300 $708,300 $727,300 $706,494

3% $675,100 3% $625,667

8%

16% -2%

$515

$495

4%

$526

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$675,100 $678,800 $676,100 $684,600 $705,900 $705,900 $732,300

50

46

46

43

40

38

16

15

15

11

8

7

3

9

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY S-L RATIO

SALES TOTAL INVENTORY





  

SELLER'S MARKET BALANCED BUYER'S MARKET





4+ bdrms

3







7

3 bdrms



11







2



<3 bdrms

. . . . 0 0 0 0 QD QD   QD QD QD QD                

1

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 January 6, 2020. All data from RealEstateBoardof 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.

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