Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in July 2018.
In July 2018, there were 21 sales of detached homes and 157 active listings in Squamish. The benchmark sale price was $1,038,600 with an average days on market of 51.
The Condo market had 14 sales and 45 active listings at the end of the month. The benchmark sale price was $536,300 with an average days on market of 28.
Townhome sales were 12 sales, active listings were 40. The benchmark sale price was $874,200 and the average days on market were 31.
In the Whistler market, the benchmark sale price was $1,694,900 with an average days on market of 65 days for detached homes. At the end of the month, there were 9 sales and 77 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 11 sales and 67 active listings. The benchmark sale price was $572,200, and the average days on market were 32.
Townhome featured 18 sales, 48 active listings and a $1,035,400 benchmark sale price with 22 days on market average
It’s a seller’s market for 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