Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2018.
In November 2018, there were 12 sales of detached homes and 121 active listings in Squamish. The benchmark sale price was $975,600 with an average days on market of 113.
The condo market had 11 sales and 57 active listings at the end of the month. The benchmark sale price was $475,000 with an average days on market of 55.
Townhome sales were 8 sales, active listings were 51. The benchmark sale price was $684,800 and the average days on market were 41.
It’s a buyer’s market for homes and townhomes.
In the Whistler market, the benchmark sale price was $1,701,800 with an average days on market of 133 days for detached homes. At the end of the month, there were 9 sales and 67 active listings.
In comparison, the condo market had 24 sales and 81 active listings. The benchmark sale price was $511,500 and the average days on market were 31.
Townhome featured 14 sales, 51 active listings and a $907,200 benchmark sale price with 47 days on market average.
It’s a seller’s market for condos and 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