burnabynorth DETACHED -SEPTEMBER 202
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY Therewere115 detachedlistingsin BurnabyN orth in Septem ber,6% aboveAugustand 15% higherthan Septem ber2021. Septem berdetached hom esalesdecreased by 36% m onth-over-m onth,to16,and were47% below Septem ber2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at14% ,reflected abalanced m arket. Thedetached m edian pricein Septem berwas $1,705,000,a3% decreasefrom Augustand 1.5% above Septem ber2021. Theaveragesold pricewas$1,944,647,4% abovelast m onth and up 8% toSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2021
▲ 1.5% VS 2021
▲ 15% VS 2021
▼ 47% VS 2021
THISMONTH No. $1,944,647 $1,705,000 14% 16 115
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,798,010 $1,679,000 30% 30 100
8% 1.5% -54% -47% 15%
$1,872,272 $1,750,000 23% 25 109
-39% -36% 6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
4% -3%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
15
2.28
100
2.27
109
87
80
93
84
1.83
64
47
61
59 33
38
37
1.38
30
28
40
25
30
1.15
32
1.14
16
22
17
$2.30M
$2.17M $2.12M
$2.13M $2.20M $2.04M $2.08M
$1.93M $1.99M
$1.75M $1.71M
$1.68M $1.82M
Sep-21
Aug-22
Sep-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
35
100%
30
25
20
15
10
24%
14%
5
9%
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
2 2 100%
34 8 24%
32 3 9%
22 3 14%
25 0 n/a
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