the rennie review: February 2023

squamish DETACHED -JANUARY 2023

SALES TO LISTINGSRATIO 12% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 16% VS 2022

▼ 14% VS 2022

▲ 100% VS 2022

▼ 38% VS 2022

Therew ere 68 detached listingsin Squam ish in January, 6% below D ecem berand 100% higherthan January2022. January detached hom esalesincreased by m onth-over-m onth,to 8,and were38% below January 2022. Thesales-to-listing ratio fordetached in Squam ish,at 12% ,reflected abuyers'm arket. Thedetachedm edian pricein Januarywas$1,307,000,a 18% decreasefrom D ecem berand 14% below January 2022. Theaveragesold pricewas$1,177,750,27% below last m onth and down 16% toJanuary2022.

THISMONTH No. $1,177,750 $1,307,000 12% 8 68

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change -16% -14% -69% -38% 100%

No.

% Change

TOTALLISTINGS TOTALSALES

13 34

$1,606,429 $1,585,000 10% 7 72

-27% -18% 21% 14% -6%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,407,608 $1,525,000 38%

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

108

10

106

93

102 102

1.79

89

1.58

1.51

68

72

68

55

1.38

1.32

1.30

41

34

27

24

18

15

14

12

1

8

20

13

7

19

8

$1.68M $1.77M

$1.62M

$1.59M

$1.53M $1.63M

$1.50M $1.51M

$1.34M $1.28M $1.31M

$1.30M

$1.31M

Jan-22

Dec-22

Jan-23

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

16

14

12

10

8

50%

40%

6

4

13%

2

7%

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-L RATIO SALES INVENTORY

2 1 50%

2 0 n/a

0 1 n/a

8 1 13%

10 4 40%

15 1 7%

6 0 n/a

13 0 n/a

12 0 n/a

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