the rennie review - October 2022

burnabynorth TOWNHOME-SEPTEMBER 202

SALES TO LISTINGSRATIO 31% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 5% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 11% VS 2021

▼ 19% VS 2021

▲ 5% VS 2021

▼ 50% VS 2021

Therewere39 townhom elistingsin BurnabyN orth in Septem ber,8% aboveAugustand 5% higherthan Septem ber2021. Septem bertownhom esalesincreased by140% m onth-over-m onth,to12,and were50% below Septem ber2021. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at31% ,reflected aselers'm arket. Thetownhom em edian pricein Septem berwas $747,500,a3% decreasefrom Augustand 19% below Septem ber2021. Theaveragesold pricewas$804,000,8% below last m onth;theaveragePSF salepricewas$614,down 5% to lastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

12 39

24 37

-5% -11% -19% -53% -50% 5%

$647 $872,200 $770,000 14% 5 36

122% 140% 8%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$614 $804,000 $747,500 31%

$648 $901,429 $918,500 65%

-5% -8% -3%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2021 ● SEP 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

39

35

37

38

33

33

36

29

26

25

24

23

23

18

17

15

18

18

17

12

16

12

12

1

8

5

$969K

$950K $989K $978K

$919K

$857K $883K $905K

$860K

$789K $750K

$770K $748K

BURNABYNORTH REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

12

10

4+ bdrms

6

8

8

3 bdrms

6

55%

22

50%

4

27% 29%

4

2 bdrms

2

11

0

<$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

2 1 50%

11 6 55%

11 3 27%

7 2 29%

6 0 n/a

2 0 n/a

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