burnabysouth CONDO -SEPTEMBER 202
SALES TO LISTINGSRATIO 29% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere248 condolistingsin BurnabySouth in Septem ber,4% below Augustand 23% lowerthan Septem ber2021. Septem bercondosalesdecreased by15% m onth-over-m onth,to71,and were38% below Septem ber2021. Thesales-to-listing ratio forcondosin BurnabySouth,at 29% ,reflected aselers'm arket. Thecondom edian pricein Septem berwas$682,000,a 5% decreasefrom Augustand 4% aboveSeptem ber2021. Theaveragesold pricewas$702,517,6% below last m onth;theaveragePSF salepricewas$900,down 0.2% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.4% VS 2021
▲ 4% VS 2021
▼ 23% VS 2021
▼ 38% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 36% 115 322
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$900 $702,517 $682,000 29% 71 248
8% 1.4% 4% -20% -38% -23%
$901 $750,454 $720,000 33% 84 257
-0.2% -6% -5% -12% -15% -4%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$836 $692,847 $656,789
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2021 ● SEP 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
322
299
298
280
283
248
217
257
248
219
159
147
143
180
164
1
101
136
15
133
126
84
17
107
71
88
$725K $740K $725K $760K $750K
$695K $715K $710K $720K $682K
$657K $660K $670K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
4+ bdrms
80
70%
1
60
3 bdrms
30
40
47
26% 27%
2 bdrms
17%
20
166
0
23
<$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
33 23 70%
98 25 26%
67 18 27%
29 5 17%
12 0 n/a
6 0 n/a
3 0 n/a
52
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