Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in May 2019.
In May 2019, there were 5 sales of detached homes and 91 active listings in Squamish. The benchmark sale price was $1,576,500.
The condo market had 18 sales and 106 active listings at the end of the month. The benchmark sale price was $500,100.
Townhome sales were 7 sales, active listings were 72. The benchmark sale price was $882,500.
It’s a buyer’s market for homes and townhomes.
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 firstname.lastname@example.org 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