burnabynorth CONDO -JUNE 202
SALES TO LISTINGSRATIO 32% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 13% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 7% VS 2021
▲ 5% VS 2021
▲ 3% VS 2021
▼ 15% VS 2021
Therewere300 condolistingsin BurnabyN orth in June, 3% below M ayand 3% higherthan June2021.
Junecondo salesdecreased by23% m onth-over-m onth, to96,and were15% below June2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 113 290
% Change
No. 40% 124 309
% Change
Thesales-to-listing ratio forcondosin Burnaby N orth,at 32% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$861 $678,294 $649,500 32% 96 300
13% 7% 5% -18% -15% 3%
-20% -23% -3%
Thecondom edian pricein Junewas$649,500,a7% decreasefrom M ayand 5% aboveJune2021. Theaveragesold pricewas$678,294,9% below last m onth;theaveragePSF salepricewas$861,down 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$900 $747,690 $699,450
-4% -9% -7%
$759 $635,395 $617,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 2021 ● JUN 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
286
300
290
309
304 302
297
208
200
230
176
167
180
132
127
124
124
160
145
13
17
96
13
12
104
101
$778K $750K $729K
$693K $700K
$699K $650K
$665K $650K $644K
$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
100%+
4+ bdrms
100
80
67%
2
3 bdrms
60
33
40
32%
55
26%
2 bdrms
187
20
8% 8%
3%
0
39
<$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 2 200%
55 37 67%
118 38 32%
61 16 26%
34 1 3%
13 1 8%
13 1 8%
5 0 n/a
80
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