Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in September 2018.
In September 2018, there were 11 sales of detached homes and 151 active listings in Squamish. The benchmark sale price was $985,100 with an average days on market of 68.
The condo market had 8 sales and 46 active listings at the end of the month. The benchmark sale price was $482,700 with an average days on market of 61.
Townhome sales were 3 sales, active listings were 54. The benchmark sale price was $726,700 and the average days on market were 71.
It’s a buyer’s market for homes and townhomes.
In the Whistler market, the benchmark sale price was $1,743,300 with an average days on market of 92 days for detached homes. At the end of the month, there were 8 sales and 70 active listings.
In comparison, the condo market had 19 sales and 71 active listings. The benchmark sale price was $521,000 and the average days on market were 50.
Townhome featured 16 sales, 53 active listings and a $956,000 benchmark sale price with 40 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