Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast 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.
In the Whistler market, the benchmark sale price was $1,363,200 with an average days on market of 73 days for detached homes. At the end of February, there were 15 sales and 54 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 25 sales and 79 active listings. The benchmark sale price was $406,300, and the average days on market were 30.
Townhome featured 20 sales, 39 active listings and a $842,800 benchmark sale price with 56 days on market average
It’s a seller’s market in Whistler.
There were 44 sales, 223 active listings, and a $502,400 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 67.
The condo market featured 15 sales, 23 active listings and 74 average days on market.
In comparison, townhome sales were 8, active listings were 18 and the average days on market were 30.
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