burnabynorth CONDO -APRIL 2023
SALES TO LISTINGSRATIO 43% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 0.7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.9% VS 2022
▼ 7% VS 2022
▼ 6% VS 2022
▲ 4% VS 2022
Therewere270 condolistingsin BurnabyN orth in April, 8% aboveM arch and 6% lowerthan April2022.
Aprilcondosalesincreased by4% m onth-over-m onth,to 116,and were4% aboveApril2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 39% 112 286
% Change
No. 45% 112 251
% Change
Thesales-to-listing ratio forcondosin Burnaby N orth,at 43% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
43% 116 270
-0.7% -1.9% -7% 10% 4% -6%
4% 8%
Thecondom edian pricein Aprilwas$680,000,a4% decreasefrom M arch and 7% below April2022. Theaveragesold pricewas$737,486,0.8% below last m onth;theaveragePSF salepricewas$920,down 0.9% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-4% -4%
$920 $737,486 $680,000
$929 $743,763 $707,500
$926 $751,767 $729,000
-0.9% -0.8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
287
309
286
268
264
300 301
253
270
257
251
245
218
124
12
16
12
92
88 82
96
50
80
58
52
44
$729K $699K
$708K $680K
$704K $667K $707K $661K
$650K $671K $676K
$651K $692K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
97%
4+ bdrms
60
13
3 bdrms
55%
37
40
30%
63
21%
21%
20
2 bdrms
14%
159
0
40
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
0 1 n/a
38 37 97%
84 46 55%
80 17 21%
33 10 30%
14 2 14%
14 3 21%
7 0 n/a
74
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