Squamish Real Estate Newsletter – 2016 Year In Review

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Happy New Year, here is your Squamish real estate market update!

December 2016 Stats:
– December 2016 was the lowest month for # of transactions in the last 3 years, although the sales $ weren’t the lowest (higher dollar transactions).
– There has been an increase in the length of days spent on the market for the month of December for example: A condo in Dec 2015 spent an average of 41 days on the Market, for Dec 2016 that figure has increased to 70 days.

2016 Year In Review Stats:
2016 has been an interesting year for Squamish. The first half of the year we saw a period of frenzied activity (pinnacle being April/May) and rocketing prices, followed by a calmer more settled market for the later part of the year. Still a very strong market, but prices have definitely corrected since April/May. Even though the sales have slowed down, the first half of 2016 was enough for 2016 to edge out 2015 in total sales $. 2015 had a higher number of sales compared to 2016.

**Featured listing **
40281 Aristotle Dr – Stunning Executive New Home – $1.55M
Brand new stunning executive home is now complete. This extremely well designed home has 3 bedrooms + office + 2 bedroom suite. 3290 sq ft of living space + 2 car garage, multiple decks that bring the outside in, 9’ ceilings throughout, open concept layout, media room, and the main living space has a vaulted ceiling. Master bedroom has a walk-in closet, a balcony with stunning mountain views, vaulted ceiling, and a master ensuite bathroom with shower and separate bathtub. This home has been built to the highest of standards with high-end finishes, attention to detail is apparent. Located in prestigious University Highlands, Aristotle Drive is a brand new up-and-coming neighbourhood located next to the Quest University. This home is situated on the doorstep to epic mountain bike trails, and being next to Quest is perfect for an un-ending supply of great suite tenants willing to pay a premium to be close to school. Some features include natural gas fireplaces, high efficiency gas furnace, central A/C, gas hookup on deck for BBQ, hot water on demand, and custom built-in cabinetry through-out,. This kind of quality home in a prestigious area won’t last long, contact listing realtor today for a private viewing. Visit www.40281aristotle.info for complete listing details and 3D tour!