burnabynorth DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 36% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.8% VS 2022
▼ 1.9% VS 2022
▼ 6% VS 2022
▼ 16% VS 2022
Therewere87 detachedlistingsin BurnabyN orth in April,10% aboveM arch and 6% lowerthan April2022. A prildetached hom esalesdecreased by 11% m onth-over-m onth,to31,and were16% below April 2022. Thesales-to-listing ratio fordetached in Burnaby N orth, at36% ,reflected aselers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
31 87
37 93
-0.8% -1.9% -10% -16% -6%
35 79
11% 11% -20% -11% 10%
Thedetachedm edian pricein Aprilwas$2,090,000,a 11% increasefrom M arch and 1.9% below April2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,225,640 $2,090,000 36%
$2,006,763 $1,890,000 44%
$2,243,348 $2,130,000 40%
Theaveragesold pricewas$2,225,640,11% abovelast m onth and down 0.8% toApril2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
15
2.32
109
92
86
85
2.15
2.14
95
87
93
85
79
35
30
37
28
26
25
24
31
1.36
1.32
18
1.25
22
19
16
10
$2.13M $2.20M
$2.09M
$2.04M $2.08M
$2.04M $1.96M
$1.96M $1.93M $1.89M
$1.79M
$1.75M $1.71M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
25
20
15
50%
48%
10
22%
17%
5
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-L RATIO SALES INVENTORY
2 0 n/a
29 14 48%
20 10 50%
18 3 17%
18 4 22%
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