burnabysouth DETACHED-AUGUST 2021
SALESTO LISTINGSRATIO 25% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2020
▲ 19% VS2020
▼ 13% VS2020
▲ 46% VS2020
Therewere153detachedlistingsinBurnabySouthin August,7%belowJulyand13%lowerthanAugust2020. Augustdetachedhomesalesdecreasedby5% month-over-month,to38,andwere46%aboveAugust 2020. Thesales-to-listingratiofordetachedinBurnabySouth, at25%,reflectedaselers'market.
THISMONTH No. $2,100,609 $1,910,000 25% 38 153
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,655,834 $1,599,900 15% 26 175
27% 19% 67% 46% -13%
$2,077,662 $2,025,000 24% 40 164
-5% -7%
ThedetachedmedianpriceinAugustwas$1,910,000,a 6%decreasefromJulyand19%aboveAugust2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
1.1% -6% 1.8%
Theaveragesoldpricewas$2,100,609,1.1%abovelast monthandup27%toAugust2020.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
201
212
189
169
168
175
2.21
2.20
169
153
164
2.03
120
135
120
14
71
53
1.39
1.35
41
40
40
39
1.31
62
38
48
26
39
26
24
$2.02M
$1.91M
$1.86M
$1.78M
$1.78M
$1.77M $1.70M
$1.63M
$1.62M
$1.60M
$1.60M
$1.57M
$1.58M
Aug-20
Jul-21
Aug-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
50
40
30
40%
20
27%
23%
10
8%
7%
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
12 1 8%
50 20 40%
35 8 23%
26 7 27%
30 2 7%
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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