Here is the latest real estate market statistics from Macdonald Realty on Squamish listings and sales in February 2017.
In February 2017, there were 16 sales of detached homes and 111 active listings in Squamish. The benchmark sale price was $810,900 with an average days on market of 59.
The Condo market had 14 sales and 23 active listings at the end of the month. The benchmark sale price was $369,800 with an average days on market of 69.
Townhome sales were 12, active listings were 51. The benchmark sale price was $729,400, and the average days on market were 28.
It’s a buyer’s market for single family homes.
Looking for more information about the real estate market in specific neighbourhoods in Squamish?
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgvkv.org