Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in January 2018.
In January 2018, there were 6 sales of detached homes and 99 active listings in Squamish. The benchmark sale price was $1,003,000 with an average days on market of 104.
The Condo market had 6 sales and 27 active listings at the end of the month. The benchmark sale price was $490,400 with an average days on market of 28.
Townhome sales were 9, active listings were 18. The benchmark sale price was $786,900, and the average days on market were 34.
It’s a buyer’s market for houses.
In the Whistler market, the benchmark sale price was $1,680,700 with an average days on market of 52 days for detached homes. At the end of the month, there were 12 sales and 47 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 25 sales and 49 active listings. The benchmark sale price was $533,800, and the average days on market were 65.
Townhome featured 15 sales, 26 active listings and a $914,300 benchmark sale price with 34 days on market average
It’s a seller’s market in Whistler.
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