the rennie review: February 2023

squamish TOWNHOME-JANUARY 2023

SALES TO LISTINGSRATIO 28% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 15% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 14% VS 2022

▼ 25% VS 2022

▲ 50% VS 2022

▼ 58% VS 2022

Therewere18 townhom elistingsin Squam ish in January, 14% below D ecem berand 50% higherthan January2022. Januarytownhom esalesdecreased by17% m onth-over-m onth,to 5,and were58% below January 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 28% ,reflected aselers'm arket. Thetownhom em edian pricein Januarywas$826,000,a 7% changefrom D ecem berand 25% below January2022. Theaveragesold pricewas$938,470,6% abovelast m onth;theaveragePSF salepricewas$642,up 8% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$642 $938,470 $826,000 28% 5 18

12 12

-15% -14% -25% -72% -58% 50%

$596 $882,333 $887,500 29% 6 21

-17% -14%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$756 $1,091,521 $1,104,900 100%

-7% -3%

8% 6%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JAN 202 ● JAN 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

39

38

39

35

24

28

25

17

21

18

15

12 12 12

17

15 15

8

5

4

5

7

6

6

$1.10M $1.04M $1.10M

$994K

$950K $985K $998K

$898K $888K $826K

$885K $914K

$870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

1 1

100%

8

4+ bdrms

6

67%

4

3 bdrms

16

4

40%

2 bdrms

2

1

0

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

<2 bdrms

S-L RATIO SALES INVENTORY

3 2 67%

5 2 40%

9 0 n/a

1 1 100%

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