squamish real estate stats

Squamish Real Estate Update – August 2019

July 2019 Stats

Sales to active ratio:

  • July 2019 Overall = 14%
  • Detached homes = 11%
  • Condos = 14%
  • Townhomes = 20%
  • Lower than last month = 15%
  • Lower than July 2018 = 18%
  • Lower than 5yr July average = 24%
  • Lower than 10yr July average = 17

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

Sales:

  • July 2019 Sales = 36
  • Down from last month = 39
  • Down from July 2018 = 48
  • Down from 5 yr avg = 53
  • Down from 10 yr avg = 44

Inventory:

  • July 2019 = 260
  • Last month the same = 260
  • About the same as July 2018 = 266
  • Higher than the 5 yr avg = 230
  • Lower than the 10 yr avg = 320

Overall, what’s going on:

I’ve got to be honest, I was a bit surprised to see these low numbers for July.  July was the busiest month for me in 2019 so far, also the same for the colleagues in my office. It feels busier out there than the numbers would suggest.

** Featured Listing 1 **
210 37881 Cleveland Ave, Squamish BC – $348,999
Don’t miss this opportunity to own at “The Main”! Great entry level suite, pied-a-terre or investment property. No wasted space in this 532 sqft one bedroom + flex room suite featuring stainless steel appliances + light palette colour scheme. Enjoy being steps away from breweries, shopping, the waterfront, Farmer’s market, library + estuary from this prime Downtown location. Walk, bike, kite, hike, paddle. Amenities include elevator access, secured parking and bike storage, pet + bike wash station, common garden area. Currently under construction with completion Dec 2019 – March 2020 offering 2-5-10 year warranty. This is an assignment + GST is applicable. All measurements are approximate.
** Featured Listing 2 **
1 41301 Skyridge Place, Squamish BC – $829,000
AMAZING VIEW END UNIT townhouse at SKYRIDGE – Bright, modern + expansive 2045 sq.ft. Ridge plan on 3 levels. Enjoy all the natural light + views, extra windows on the side, open plan living w/ doors to south deck w/ mtn views plus south patio + option for private fenced yard off rec rm. Master features soaker tub + glass shower. Wake up to VIEWS of the Chief + Tantalus Range! Upgrades: gas f/p, furnace + stove, on demand hot water, insulated interior walls, white shaker cabinets, quartz counters, pantry, heated tile bathroom floors, wool carpets, h/w floors! Imagine a garage + 20 ft driveway for parking! Steps to Montessori school + forested trails – 20 min to Alice Lake! Easy highway access. Incredible value for this design + quality – Built Green certified!
New Listings in Squamish – (in the past 30 days) 

Sold Listings in Squamish – (in the past 30 days)

Price Reductions in Squamish – (in the past 30 days)

July 2019 Stats:

New Listings:

Featured Listing 1:

Featured Listing 2:

I get asked this question on a daily basis;
HERE’S THE ANSWER!
For more information please visit my website:

www.davidwiebe.ca

If you’re interested in receiving Squamish real estate updates, let me know!