Squamish, Whistler, and Sunshine Coast Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in January 2016.

Squamish

In January 2016, there were 17 sales of detached homes and 54 active listings in Squamish. The benchmark sale price was $651,400 with an average days on market of 48.
The Condo market had 7 sales and 32 active listings at the end of the month. The benchmark sale price was $312,600 with an average days on market of 37.
Townhome sales were 4, active listings were 17. The benchmark sale price was $482,900, and the average days on market were 9.

Jan2016_Squamish

Whistler

In the Whistler market, the benchmark sale price was $1,095,900 with an average days on market of 39 days for detached homes. At the end of January, there were 8 sales and 94 active listings.
In comparison, the condo market had 33 sales and 132 active listings. The benchmark sale price was $332,100, and the average days on market were 124.
Townhome featured 15 sales, 50 active listings and a $610,000 benchmark sale price with 110 average days on market.
Listings are down. Sales are up. It’s a seller’s market.
Jan2016_Whistler

Sunshine Coast

There were 44 sales, 324 active listings, and a $399,000 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 143.
The condo market featured 4 sales, 57 active listings and 74 average days on market.
In comparison, townhome sales were 8, active listings were 34 and the average days on market were 28.
Listings are down. Sales are up. It’s a seller’s market.
Jan2016_SunshineCoast

 

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast?
Macdonald Realty has offices in Squamish and Whistler. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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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.rebgv.org