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Sales to active ratio:
- Sept 2020 Overall = 33%
- Detached homes = 24%
- Condos = 26%
- Townhomes = 66%
- Higher than last month = 30%
- Higher than Sept 2019 = 17%
- Higher than the 5yr Sept average = 24%
- Higher than 10yr Sept average = 18%
**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- Sept 2020 Sales = 72
- Higher than last month = 68
- Higher than Sept 2019 = 45
- Higher than 5 yr avg = 51
- 41% Higher than 5 yr avg
- Higher than 10 yr avg = 42
- 71% higher than 10 yr avg
Inventory:
- Sept 2020 = 216
- Less than last month = 224
- Less than Sept 2019 = 272
- Lower than the 5 yr avg = 226
- Lower than the 10 yr avg = 297
In a nutshell
The Squamish market is pumping! Highest September for number of sales in the last decade, that’s a pretty clear description of the market as a whole right now. Multiple offers, lack of inventory, huge demand to be in Squamish. Let’s see if the winter brings the same kind of demand, wait for the next update to find out!