Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in May 2017.
In May 2017, there were 37 sales of detached homes and 122 active listings in Squamish. The benchmark sale price was $880,500 with an average days on market of 46.
The Condo market had 32 sales and 24 active listings at the end of the month. The benchmark sale price was $402,600 with an average days on market of 25.
Townhome sales were 24, active listings were 41. The benchmark sale price was $726,400, and the average days on market were 45.
It’s a seller’s market for all product types.
In the Whistler market, the benchmark sale price was $1,462,200 with an average days on market of 77 days for detached homes. At the end of May, there were 17 sales and 53 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 32 sales and 65 active listings. The benchmark sale price was $437,700, and the average days on market were 98.
Townhome featured 27 sales, 28 active listings and a $830,100 benchmark sale price with 37 days on market average
It’s a seller’s market in Whistler.
There were 82 sales, 296 active listings, and a $535,500 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 52.
The condo market featured 9 sales, 16 active listings and 43 average days on market.
In comparison, townhome sales were 18, active listings were 25 and the average days on market were 45.
It’s a seller’s market in Sunshine Coast.
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