burnabysouth CONDO -APRIL 2023
SALES TO LISTINGSRATIO 61% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 6% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 12% VS 2022
▼ 13% VS 2022
▲ 27% VS 2022
Therewere245 condolistingsin BurnabySouth in April, 1.6% below M arch and 13% lowerthan April2022.
Aprilcondosalesincreased by55% m onth-over-m onth, to149,and were27% aboveApril2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 42% 117 280
% Change
No.
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 61% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
61% 149 245
12% 46% 27% -13%
$917 $747,909 $749,900 39% 96 249
9% 13% 12% 58% 55% -1.6%
Thecondom edian pricein Aprilwas$840,000,a12% increasefrom M arch and 12% aboveApril2022. Theaveragesold pricewas$844,398,13% abovelast m onth;theaveragePSF salepricewas$1,001,up 9% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,001 $844,398 $840,000
$946 $808,790 $750,000
6% 4%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 202 ● APR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
264
299 298
280
259
249
283
226
245
257
248
203
196
149
1
101
17
84
84
78
76
66
96
88
71
33
$840K
$750K
$710K $728K $750K
$695K $715K $710K $720K $682K $712K $664K $684K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
1 1
4+ bdrms
84%
60
64%
20
57%
3 bdrms
56%
40
32
91
20
21% 20%
2 bdrms
140
0
37
<$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
35 20 57%
77 49 64%
61 51 84%
43 24 56%
14 3 21%
10 2 20%
5 0 n/a
72
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