Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in June 2016.
In June 2016, there were 20 sales of detached homes and 107 active listings in Squamish. The benchmark sale price was $762,400 with an average days on market of 33.
The Condo market had 15 sales and 44 active listings at the end of the month. The benchmark sale price was $340,600 with an average days on market of 38.
Townhome sales were 17, active listings were 22. The benchmark sale price was $585,600, and the average days on market were 26.
In the Whistler market, the benchmark sale price was $1,272,100 with an average days on market of 12 days for detached homes. At the end of June, there were 7 sales and 71 active listings.
In comparison, the condo market had 34 sales and 103 active listings. The benchmark sale price was $351,100, and the average days on market were 52.
Townhome featured 25 sales, 56 active listings and a $732,300 benchmark sale price with 33 average days on market.
There were 105 sales, 285 active listings, and a $462,600 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 45.
The condo market featured 14 sales, 38 active listings and 103 average days on market.
In comparison, townhome sales were 7, active listings were 28 and the average days on market were 73.
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