burnabynorth TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 34% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere32 townhom elistingsin BurnabyN orth in August,14% aboveJulyand 11% lowerthan August 2022. Augusttownhom esalesdecreased by21% m onth-over-m onth,to11,and were120% aboveAugust 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at34% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$810,000,a 11% decreasefrom Julyand 5% aboveAugust2022. Theaveragesold pricewas$887,545,4% below last m onth;theaveragePSF salepricewas$619,down 14% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.8% VS 2022
▲ 5% VS 2022
▼ 11% VS 2022
▲ 120% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
11 32
$647 $872,200 $770,000 14% 5 36
-4% 1.8% 5% 148% 120% -11%
14 28
-14% -4% -11% -31% -21% 14%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$619 $887,545 $810,000 34%
$721 $921,100 $914,950 50%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
34 34
39
36
33
32
31
31
31
28
25 25 25
23
17
21
12
15
14
1
12
1
8
7
5
$915K
$880K $885K $900K
$875K $868K
$810K
$790K $830K
$770K $748K $775K
$748K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
10
3
100%
4+ bdrms
1
8
5
6
3 bdrms
18
50%
4
30%
3
25%
2 bdrms
17%
10
2
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
3
S-L RATIO SALES INVENTORY
2 2 100%
10 3 30%
8 2 25%
6 3 50%
6 1 17%
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