burnabysouth CONDO-AUGUST 2021
SALESTO LISTINGSRATIO 38% SELLERS'MARKET
▶ MARKETSUMMARY Therewere320condolistingsinBurnabySouthin August,0nochangetoJulyand22%lowerthanAugust 2020. Augustcondosalesremainedthesame0 month-over-month,to123,andwere52%aboveAugust 2020. Thesales-to-listingratioforcondosinBurnabySouth,at 38%,reflectedaselers'market. ThecondomedianpriceinAugustwas$661,500,a0.5% increasefromJulyand13%aboveAugust2020. Theaveragesoldpricewas$717,059,8%abovelast month;theaveragePSFsalepricewas$859,up7%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 16% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▲ 13% VS2020
▼ 22% VS2020
▲ 52% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 38% 123 320
%Change
TOTALLISTINGS TOTALSALES
38% 123 320
$742 $616,847 $583,000 20% 81 408
16% 16% 13% 94% 52% -22%
0% 0% 0%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$859 $717,059 $661,500
$806 $664,424 $658,000
7% 8% 0.5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2020 ● AUG 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
420
456
450
408
353
337
353
320
333
320
314
31
301
188
137
100 98
101
157
123
133
124
123
81
92
86
$672K
$662K
$658K
$650K
$648K
$650K
$599K
$600K
$590K
$595K
$583K
$588K
$576K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
4+bdrms
80
9
3bdrms
60
38
45%
42%
40%
40
82
25%
2bdrms
19%
20
204
0
32
<$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
1 0 n/a
84 35 42%
108 49 45%
78 31 40%
26 5 19%
12 3 25%
8 0 n/a
3 0 n/a
78
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