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Sales to active ratio:
- April 2021 Overall = 66%
- Detached homes = 42%
- Condos = 90%
- Townhomes = 104%
- Lower than last month = 67%
- Higher than April 2020 = 10%
- Higher than 5yr April average =37%
- Higher than 10yr April average =27%
**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- April 2021 Sales = 95
- Lower than last month = 101
- Higher than April 2020 = 20
- Higher than 5 yr avg = 65
- 46% Higher than 5 yr avg
- Higher than 10 yr avg = 56
- 70% higher than 10 yr avg
Inventory:
- April 2021 =145
- Lower than last month = 150
- Lower than April 2020 = 202
- Lower than the 5 yr avg = 199
- Lower than the 10 yr avg = 261
In a nutshell
April was an extremely strong month for real estate sales in Squamish. High sales + low inventory. As I make this update we are deep into May now and we are seeing signs of the market slowing down. Let’s see what happens when/if travel restrictions lighten up and as we transition from Spring to Summer.