burnabysouth CONDO -MAY 202
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 7% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 6% VS 2021
▼ 16% VS 2021
▼ 26% VS 2021
Therewere284 condolistingsin BurnabySouth in M ay, 1.4% aboveApriland 16% lowerthan M ay2021.
M aycondosalesdecreased by15% m onth-over-m onth, to99,and were26% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 133 337
% Change
No. 42% 117 280
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 35% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$872 $710,571 $685,000 35% 99 284
-12% -26% -16%
-8% -12% -9% -17% -15% 1.4%
Thecondom edian pricein M aywas$685,000,a9% decreasefrom Apriland 6% aboveM ay2021. Theaveragesold pricewas$710,571,12% below last m onth;theaveragePSF salepricewas$872,down 8% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$946 $808,790 $750,000
$815 $678,570 $648,000
7% 5% 6%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
353
322
337
280
320 320
284
217
248
219
159
147
143
136
180 136
123
164
133
133
126
123
99
17
15
107
$725K $740K $725K $760K $750K
$685K
$648K $650K $658K $662K $657K $660K $670K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
100%
4+ bdrms
80
66%
4
60
3 bdrms
29
47%
40
33%
58
2 bdrms
19%
20
184
13%
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
1 1 100%
44 29 66%
98 46 47%
81 15 19%
40 5 13%
9 3 33%
8 0 n/a
3 0 n/a
71
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