burnabysouth TOWNHOME-AUGUST 2021
SALESTO LISTINGSRATIO 43% SELLERS'MARKET
▶ MARKETSUMMARY Therewere61townhomelistingsinBurnabySouthin August,10%belowJulyand12%lowerthanAugust 2020. Augusttownhomesalesincreasedby4% month-over-month,to26,andwere44%aboveAugust 2020. Thesales-to-listingratiofortownhomesinBurnaby South,at43%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$867,500,a 5%decreasefromJulyand10%aboveAugust2020. Theaveragesoldpricewas$851,642,5%belowlast month;theaveragePSFsalepricewas$648,down1.4% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 6% VS2020
▲ 10% VS2020
▼ 12% VS2020
▲ 44% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
26 61
18 69
13% 6% 10% 63% 44% -12%
25 68
-1.4% -5% -5% 16% 4% -10%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$648 $851,642 $867,500 43%
$574 $803,311 $787,000 26%
$657 $898,074 $915,000 37%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
76
74
67
75
69
63 63
68
67
67
61
54
60
56
32
39
27
26
32
26
19
25
18
20
19
18
$915K
$879K
$875K
$868K
$853K
$837K
$820K
$800K
$800K
$787K
$778K
$768K
$735K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
20
5
4+bdrms
9
80%
15
7
3bdrms
19
10
50%
50%
45%
33%
13
5
2bdrms
30
0
1
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
5 4 80%
14 7 50%
20 9 45%
8 4 50%
6 2 33%
7 0 n/a
1 0 n/a
3
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
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