Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in December 2018.
In December 2018, there were 7 sales of detached homes and 95 active listings in Squamish. The benchmark sale price was $975,600 with an average days on market of 68.
The condo market had 3 sales and 52 active listings at the end of the month. The benchmark sale price was $455,900 with an average days on market of 36.
Townhome sales were 3 sales, active listings were 46. The benchmark sale price was $666,300 and the average days on market were 96.
It’s a buyer’s market in Squamish.
In the Whistler market, the benchmark sale price was $1,699,500 with an average days on market of 47 days for detached homes. At the end of the month, there were 2 sales and 72 active listings.
In comparison, the condo market had 10 sales and 82 active listings. The benchmark sale price was $496,900 and the average days on market were 36.
Townhome featured 7 sales, 46 active listings and a $882,000 benchmark sale price with 28 days on market average.
It’s a buyer’s market in Whistler.
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