Squamish Real Estate Update – August 2021

CLICK HERE FOR A FULL VERSION OF THE NEWSLETTER

Sales to active ratio:

  • July 2021 Overall = 34% 
  • Detached homes = 18% 
  • Condos = 136%
  • Townhomes = 50%
  • Lower than last month = 49%
  • Higher than July 2020 = 29%
  • Higher than 5yr July average = 25%
  • Higher than 10yr July average = 20%

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

Sales:

  • July 2021 Sales = 42
  • Lower than last month = 69
  • Lower than July 2020 = 70
  • Lower than 5 yr avg = 52
  • 19% lower than 5 yr avg
  • Lower than 10 yr avg = 48
  • 12.5% lower than 10 yr avg

Inventory:

  • July 2021 = 122
  • Lower than last month = 141
  • Lower than July 2020 = 245
  • Lower than the 5 yr avg = 221
  • Lower than the 10 yr avg = 281

In a nutshell
Squamish has slowed down a bit over the summer.  Sales are still high, but not as high as other years for this time.  Inventory is incredibly low, because of this factor prices remain strong and likely will increase with a busy fall market.