Squamish Real Estate Update – April 2020

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Sales to active ratio:

  • March 2020 Overall = 20% 
  • Detached homes = 20% 
  • Condos = 14%
  • Townhomes = 32%
  • Lower than last month = 29%
  • Lower than March 2019 = 22%
  • Lower than the 5yr March average = 32%
  • Lower than 10yr March average = 21%

**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**

Sales:

  • March 2020 Sales = 35
  • Lower than last month = 47
  • Lower than March 2019 = 49
  • Lower than 5 yr avg = 60
  • 42% lower than 5 yr avg
  • Lower than 10 yr avg = 47
  • 26% Lower than 10 yr avg

Inventory:

  • March 2020 = 173
  • More than last month = 163
  • Less than March 2019 = 225
  • Lower than the 5 yr avg = 189
  • Lower than the 10 yr avg = 276