burnabysouth DETACHED -SEPTEMBER 202
SALES TO LISTINGSRATIO 11% BUYERS'M ARKET
▶ MARKETSUMMARY Therewere109 detachedlistingsin BurnabySouth in Septem ber,5% aboveAugustand 26% lowerthan Septem ber2021. Septem berdetached hom esalesdecreased by 40% m onth-over-m onth,to12,and were61% below Septem ber2021. Thesales-to-listing ratio fordetached in Burnaby South, at11% ,reflected abuyers'm arket. Thedetached m edian pricein Septem berwas $1,758,000,a17% decreasefrom Augustand 1.9% above Septem ber2021. Theaveragesold pricewas$1,898,583,18% below last m onth and down 0.4% toSeptem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.4% VS 2021
▲ 1.9% VS 2021
▼ 26% VS 2021
▼ 61% VS 2021
THISMONTH No. $1,898,583 $1,758,000 11% 12 109
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,906,876 $1,725,000 21% 31 148
-0.4% 1.9% -47% -61% -26%
$2,311,640 $2,127,000 19% 20 104
-18% -17% -43% -40% 5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
148
128
125
122
2.30
12
2.27
109
100
12
1
2.06
104
76
80
55
66 38
44
41
38
1.28
1.27
25
31
20
1.14
32
28
24
12
19
$2.46M
$2.21M $2.21M $2.17M
$2.13M
$2.04M $1.93M
$1.89M $1.90M
$1.83M $2.00M
$1.76M
$1.73M
Sep-21
Aug-22
Sep-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
35
30
25
20
15
40%
10
14%
13%
5
4%
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
0 1 n/a
5 2 40%
35 5 14%
23 3 13%
18 0 n/a
28 1 4%
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