burnabynorth DETACHED -MAY 202
SALES TO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 17% VS 2021
▲ 24% VS 2021
▼ 25% VS 2021
▼ 48% VS 2021
Therewere120 detachedlistingsin BurnabyN orth in M ay,29% aboveApriland 25% lowerthan M ay2021. M ay detached hom esalesdecreased by 34% m onth-over-m onth,to25,and were48% below M ay 2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at21% ,reflected abalanced m arket. Thedetachedm edian pricein M aywas$2,218,000,a 1.9% increasefrom Apriland 24% aboveM ay2021.
THISMONTH No. $2,293,860 $2,218,000 21% 25 120
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,954,132 $1,783,000 30% 48 161
17% 24% -30% -48% -25%
38 93
0.5% 1.9% -49% -34% 29%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,281,365 $2,177,500 41%
Theaveragesold pricewas$2,293,860,0.5% abovelast m onth and up 17% toM ay2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
154
161
120
2.27
2.20
2.11
121
100
87
105
80
93
84
64
53
45
61
59
48
38
38
1.38
1.37
1.36
47
40
25
33
32
30
27
17
$2.30M $2.18M $2.22M $2.17M $2.12M
$1.92M $1.81M
$1.93M $1.99M
$1.78M
$1.70M $1.68M $1.82M
May-21
Apr-22
May-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
35
30
25
20
58%
15
10
18%
5
10%
4%
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
5 0 n/a
34 6 18%
26 15 58%
26 1 4%
29 3 10%
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