Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in February 2019.
In February 2019, there were 16 sales of detached homes and 114 active listings in Squamish. The benchmark sale price was $1,003,700 with an average days on market of 104.
The condo market had 5 sales and 56 active listings at the end of the month. The benchmark sale price was $459,100 with an average days on market of 78.
Townhome sales were 16 sales, active listings were 38. The benchmark sale price was $658,100 and the average days on market were 60.
It’s a buyer’s market for homes and condos.
In the Whistler market, the benchmark sale price was $1,741,000 with an average days on market of 96 days for detached homes. At the end of the month, there were 7 sales and 86 active listings.
In comparison, the condo market had 15 sales and 98 active listings. The benchmark sale price was $496,600 and the average days on market were 33.
Townhome featured 6 sales, 76 active listings and a $879,200 benchmark sale price with 17 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