Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in May 2018.
In May 2018, there were 15 sales of detached homes and 150 active listings in Squamish. The benchmark sale price was $1,042,900 with an average days on market of 35.
The Condo market had 25 sales and 54 active listings at the end of the month. The benchmark sale price was $516,800 with an average days on market of 21.
Townhome sales were 15 sales, active listings were 30. The benchmark sale price was $935,000 and the average days on market were 15.
It’s a seller’s market for condos and townhomes.
In the Whistler market, the benchmark sale price was $1,675,900 with an average days on market of 38 days for detached homes. At the end of the month, there were 3 sales and 64 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 32 sales and 68 active listings. The benchmark sale price was $566,700, and the average days on market were 27.
Townhome featured 13 sales, 49 active listings and a $1,109,400 benchmark sale price with 50 days on market average
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