Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – August 2018

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in August 2018.

Squamish

In August 2018, there were 22 sales of detached homes and 151 active listings in Squamish. The benchmark sale price was $1,000,500 with an average days on market of 80.

The condo market had 16 sales and 46 active listings at the end of the month.  The benchmark sale price was $513,400 with an average days on market of 40.

Townhome sales were 8 sales, active listings were 42. The benchmark sale price was $709,100 and the average days on market were 25.

It’s a seller’s market for condos.

MarketHotSheet_August_2018_Squamish

Whistler

In the Whistler market, the benchmark sale price was $1,783,200 with an average days on market of 54 days for detached homes. At the end of the month, there were 9 sales and 75 active listings.

In comparison, the condo market had 21 sales and 69 active listings. The benchmark sale price was $556,600, and the average days on market were 48.

Townhomes featured 10 sales, 52 active listings and a $941,600 benchmark sale price with 35 days on market average.

It’s a seller’s market for condos.

MarketHotSheet_August_2018_Whistler

Sunshine Coast

MarketHotSheet_August_2018_SunshineCoast

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email macrealty@macrealty.staging.irewebsites.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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