burnabysouth DETACHED -JUNE 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.8% VS 2021
▲ 1.5% VS 2021
▼ 35% VS 2021
▼ 36% VS 2021
Therewere122 detachedlistingsin BurnabySouth in June,2% below M ayand 35% lowerthan June2021. Junedetached hom esalesdecreased by11% m onth-over-m onth,to25,and were36% below June 2021. Thesales-to-listing ratio fordetached in Burnaby South, at20% ,reflected abalanced m arket.
THISMONTH No. $2,047,604 $1,887,500 20% 25 122
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,031,538 $1,860,000 21% 39 189
0.8% 1.5% -0.7% -36% -35%
$2,278,403 $2,175,000 22% 28 125
-10% -13% -9% -11% -2%
Thedetachedm edian pricein Junewas$1,887,500,a 13% decreasefrom M ayand 1.5% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,047,604,10% below last m onth and up 0.8% toJune2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
189
148
164
2.27
2.22
153
128
125
12
122
1.94
100
1
76
1.61
80 41
55
44
66
40
38
38
39
1.26
38
1.19
25
32
31
28
24
$2.46M
$2.21M $2.21M $2.17M
$2.02M $1.91M
$2.00M $2.04M $1.93M
$1.89M
$1.86M
$1.73M $1.83M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
50
40
30
20
32%
23%
20%
10
10%
7%
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 1 20%
47 15 32%
22 5 23%
21 2 10%
27 2 7%
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