burnabynorth CONDO -MAY 202
SALES TO LISTINGSRATIO 37% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 18% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 19% VS 2021
▲ 16% VS 2021
▲ 6% VS 2021
▼ 21% VS 2021
Therewere302 condolistingsin BurnabyN orth in M ay, 6% aboveApriland 6% higherthan M ay2021.
M aycondosalesincreased by0.9% m onth-over-m onth, to113,and were21% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 50% 143 284
% Change
No. 39% 112 286
% Change
Thesales-to-listing ratio forcondosin Burnaby N orth,at 37% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
37% 113 302
18% 19% 16% -26% -21% 6%
-1.6% 1.3% -2% -4% 0.9% 6%
Thecondom edian pricein M aywas$712,800,a2% decreasefrom Apriland 16% aboveM ay2021. Theaveragesold pricewas$761,356,1.3% abovelast m onth;theaveragePSF salepricewas$911,down 1.6% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$911 $761,356 $712,800
$926 $751,767 $729,000
$771 $641,398 $612,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
286
302
304
284
302
297
290
208
200
230
176
167
180
132
127
143
124
160
145
13
17
13 13
12
104
101
$778K
$750K $729K $713K
$693K $700K
$665K $650K $644K
$612K $617K
$615K $655K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
4+ bdrms
100
80
6
3 bdrms
56%
60
24
43%
36%
40
73
22%
2 bdrms
20% 20%
15%
196
20
0
34
<$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
5 0 n/a
54 30 56%
118 43 36%
65 28 43%
32 7 22%
13 2 15%
10 2 20%
5 1 20%
82
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