Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in February 2018.
In February 2018, there were 18 sales of detached homes and 110 active listings in Squamish. The benchmark sale price was $993,600 with an average days on market of 48.
The Condo market had 18 sales and 26 active listings at the end of the month. The benchmark sale price was $488,100 with an average days on market of 20.
Townhome sales were 18, active listings were 21. The benchmark sale price was $848,600, and the average days on market were 32.
It’s a buyer’s market for single family homes.
In the Whistler market, the benchmark sale price was $1,679,900 with an average days on market of 62 days for detached homes. At the end of the month, there were 12 sales and 48 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 26 sales and 62 active listings. The benchmark sale price was $547,200, and the average days on market were 21.
Townhome featured 20 sales, 32 active listings and a $993,200 benchmark sale price with 39 days on market average.
It’s a seller’s market for condos & townhomes 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