burnabynorth DETACHED -JUNE 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 13% VS 2021
▲ 6% VS 2021
▼ 15% VS 2021
▼ 58% VS 2021
Therewere131 detachedlistingsin BurnabyN orth in June,11% aboveM ayand 15% lowerthan June2021. Junedetached hom esalesdecreased by27% m onth-over-m onth,to22,and were58% below June 2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at17% ,reflected abalanced m arket.
THISMONTH No. $2,271,718 $2,044,500 17% 22 131
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,009,478 $1,920,000 34% 53 154
13% 6% -51% -58% -15%
$2,286,750 $2,199,000 25% 30 118
-0.7% -7% -34% -27% 11%
Thedetachedm edian pricein Junewas$2,044,500,a7% decreasefrom M ayand 6% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,271,718,0.7% below last m onth and up 13% toJune2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
154
131
18
2.48
2.38
121
100
2.25
87
105
80
93
84
64
45
53
61
59
38
37
47
40
1.40
33
1.32
32
22
30
30
1.26
27
17
$2.30M $2.17M $2.12M
$2.13M $2.20M $2.04M
$1.92M $1.81M
$1.93M $1.99M
$1.70M $1.68M $1.82M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
40
30
20
28%
27%
10
11%
6%
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
7 0 n/a
40 11 28%
35 2 6%
22 6 27%
27 3 11%
Copyright© July5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly5,202 .Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online