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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.