Squamish Real Estate Update – July 2024

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Stats: Sales to active ratio:

  • June 2024 = 24%
  • Detached homes = 22% 
  • Condos = 20%
  • Townhomes = 41%
  • Lower than last month =25%
  • Lower than June 2023 = 26%
  • Lower than 5yr June average = 26% 
  • Lower than 10yr June average = 27%
  • **Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**

Sales:

  • June 2024 = 51
  • Lower than last month = 53
  • Higher than June 2023 = 47
  • Same as the 5 yr avg = 51
  • Lower than the 10 yr avg =55
  • 7% Lower than 10 yr avg

Inventory:

  • June 2024 = 213
  • Higher than last month =210
  • Higher than June 2023 = 183
  • Higher than the 5 yr avg = 208
  • Lower than the 10 yr avg = 218

In a nutshell
The Squamish market is moving along nicely. Sales/Inventory/Sales to Active Ratio were all around the 5 and 10 year averages.