burnabysouth DETACHED -APRIL 2023
SALES TO LISTINGSRATIO 53% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 16% VS 2022
▼ 41% VS 2022
▼ 8% VS 2022
Therewere66 detachedlistingsin BurnabySouth in April,18% below M arch and 41% lowerthan April2022. Aprildetached hom esalesincreased by119% m onth-over-m onth,to 35,and were8% below April 2022. Thesales-to-listing ratio fordetached in Burnaby South, at53% ,reflected aselers'm arket.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
35 66
$2,272,600 $2,206,000 34% 38 111
-10% -16% 55% -8% -41%
16 80
5% -0.4% 165% 119% -18%
Thedetachedm edian pricein Aprilwas$1,845,000,a 0.4% decreasefrom M arch and 16% below April2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,048,251 $1,845,000 53%
$1,955,813 $1,852,500 20%
Theaveragesold pricewas$2,048,251,5% abovelast m onth and down 10% toApril2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
125
109
122
106
1
12
1.99
104
1.94
80
79
90
1.68
74
66
73
1.48
35
1.31
38
1.27
24
21
20
16
28
19
16
14
12
12 12
$2.23M
$2.21M $2.17M
$2.19M
$2.13M
$1.91M
$1.87M $1.90M
$1.76M
$1.71M $1.74M $1.85M $1.85M
22-Apr
23-M ar 23-Apr
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
20
100%+ 100%+
15
10
26%
25%
5
19%
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 5 250%
17 19 112%
19 5 26%
12 3 25%
16 3 19%
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