Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in August 2017.
In August 2017, there were 32 sales of detached homes and 116 active listings in Squamish. The benchmark sale price was $975,500 with an average days on market of 53.
The Condo market had 18 sales and 20 active listings at the end of the month. The benchmark sale price was $457,200 with an average days on market of 43.
Townhome sales were 12, active listings were 39. The benchmark sale price was $698,900, and the average days on market were 38.
It’s a seller’s market in Squamish.
In the Whistler market, the benchmark sale price was $1,637,300 with an average days on market of 56 days for detached homes. At the end of the month, there were 12 sales and 53 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 29 sales and 65 active listings. The benchmark sale price was $503,900, and the average days on market were 45.
Townhome featured 24 sales, 31 active listings and a $814,800 benchmark sale price with 17 days on market average
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