the rennie review: February 2023

squamish CONDO -JANUARY 2023

SALES TO LISTINGSRATIO 17% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 5% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 28% VS 2022

▼ 34% VS 2022

▲ 33% VS 2022

▼ 43% VS 2022

Therewere24 condolistingsin Squam ish in January, 11% below D ecem berand 33% higherthan January2022. January condo salesdecreased by 43% m onth-over-m onth,to 4,and were43% below January 2022. Thesales-to-listing ratio forcondosin Squam ish,at17%, reflected abalanced m arket. Thecondom edian pricein Januarywas$548,455,a20% changefrom D ecem berand 34% below January2022. Theaveragesold pricewas$581,728,12% below last m onth;theaveragePSF salepricewas$771,up 9% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$771 $581,728 $548,455 17% 4 24

$810 $803,100 $835,000 39% 7 18

-5% -28% -34% -57% -43% 33%

$704 $657,571 $685,000 26% 7 27

9% -12% -20% -36% -43% -11%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JAN 202 ● JAN 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

40

45

39

39

38

30

26

30

23

27

24

20

18

13

13

17

1

10

9

9

3

7

7

4

6

$835K

$726K $760K

$685K

$674K $626K $640K

$634K

$606K $642K

$605K

$548K

$525K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

14

12

4+ bdrms

10

8

3 bdrms

4

6

4

3

23%

2 bdrms

17%

8

2

0

1

<$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

1 0 n/a

13 3 23%

6 1 17%

4 0 n/a

12

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