Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in April 2017.
In April 2017, there were 34 sales of detached homes and 119 active listings in Squamish. The benchmark sale price was $856,400 with an average days on market of 59.
The Condo market had 18 sales and 23 active listings at the end of the month. The benchmark sale price was $394,700 with an average days on market of 24.
Townhome sales were 26, active listings were 44. The benchmark sale price was $751,400, and the average days on market were 42.
It’s a seller’s market for all product types.
In the Whistler market, the benchmark sale price was $1,394,300 with an average days on market of 61 days for detached homes. At the end of April, there were 14 sales and 45 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 35 sales and 74 active listings. The benchmark sale price was $429,500, and the average days on market were 34.
Townhome featured 20 sales, 33 active listings and a $872,700 benchmark sale price with 42 days on market average
It’s a seller’s market in Whistler.
There were 67 sales, 279 active listings, and a $532,300 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 65.
The condo market featured 10 sales, 15 active listings and 21 average days on market.
In comparison, townhome sales were 12, active listings were 32 and the average days on market were 33.
It’s a seller’s market for condos and townhomes.
Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast?
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