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Here is a weekly update on News and Events in Squamish.

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CLICK HERE for articles and statistics for markets across the Lower Mainland.

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Here is some market information for Squamish/North Shore/Vancouver for the month of March. Stats for other areas can be found here: www.macrealtymarketupdate.com/will_black

 

Overall the numbers say it's a "sellers market" as sales are falling, but not prices.  Definitely a great time to put a condo on the market as we're seeing multiple offers on many units.  It's also happening with detached houses at lower price points, but not as often.  In Squamish you can expect to pay list price or less for the majority of attached/detached homes on the market.  You can even include subjects with your offer, imagine that.  

 

If you have any questions on sales in your neighbourhood, or a neighbourhood you want to buy in, I'm happy to share that information with you.

 

Squamish

 

In March 2017, there were 30 sales of detached homes and 118 active listings in Squamish. The benchmark sale price was $836,100 with an average days on market of 66.

The Condo market had 17 sales and 22 active listings at the end of the month.  The benchmark sale price was $377,900 with an average days on market of 25.

Townhome sales were 18, active listings were 53. The benchmark sale price was $740,700, and the average days on market were 47.


North Shore

 

In March, the North Vancouver market had 98 sales and 266 active listings for detached homes. The benchmark sale price was $1,575,500 with an average days on market of 21. Lynn Valley with 13 sales had the most sales activity.

There were 127 sales and 122 active listings for condos. The benchmark sale price was $474,000 with 18 average days on market. The neighbourhood of Lower Lonsdale with 37 sales was the hottest sales market.

Townhome sales were 28, active listings were 33, the benchmark sale price was $866,100, and the average days on market were 13. Central Lonsdale with 8 sales had the most sales activity.

 

The West Vancouver market had 60 sales and 405 active listings for detached homes. The benchmark sale price was $2,961,800 with 47 average days on market. Ambleside and British Properties, with 8 sales each, were the neighbourhoods with the most sales activities.

Condo sales were 28 and active listings were 40 at the end of the month. The benchmark sales price was $963,900 with an average days on market of 29. Ambleside had the most sales in March at 10.

In comparison, townhome market had 3 sales and 18 active listings; the average days on market were 23.

 

Vancouver

 

In the Vancouver Westside, there were 95 sales of detached homes and 595 active listings at the end of March. The benchmark sale price was $3,461,700, with an average days on market of 35. The hottest market for sales was Dunbar with 23 sales.

In comparison, the condo market had 455 sales, 656 active listings and a benchmark sale price of $692,400 with an average of 24 days on market. The hottest market for sales was Downtown VW, 109 sales.

Townhome sales were 57, active listings were 111. The benchmark sale price was $1,079,100 with an average days on market of 57. Fairview VW with 13 sales was the hottest market in March.

 

The Vancouver Eastside had 156 sales and 686 active listings for detached homes at the end of the month. The benchmark sales price was $1,452,200, and the average days on market were 36. The hottest sales market was Renfrew VE with 21 sales.

The condo market featured 179 sales, 201 active listing, and a benchmark sales price was $464,900. The average days on market were 19 days, and the hottest markets for sales were Collingwood VE and Mount Pleasant VE with 49 sales each.

The townhome market, on the other hand, had 29 sales and 49 active listings. The benchmark sale price was $734,700 with 22 average days on market. Champlain Heights, 9 sales, had the most sales in March.

 

 

 

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