burnabysouth TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 34% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 18% VS 2022
▲ 29% VS 2022
▲ 28% VS 2022
▲ 13% VS 2022
Therewere50townhom elistingsin BurnabySouth in August,2% aboveJulyand 28% higherthan August2022. Augusttownhom esalesincreased by6% m onth-over-m onth,to17,and were13% aboveAugust 2022. Thesales-to-listing ratio fortow nhom esin Burnaby South,at34% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$1,190,000,a 5% decreasefrom Julyand 29% aboveAugust2022. Theaveragesold pricewas$1,088,588,11% below last m onth;theaveragePSF salepricewas$806,up 1.9% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
17 50
15 39
5% 18% 29% -12% 13% 28%
16 49
4% 6% 2%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$806 $1,088,588 $1,190,000 34%
$768 $920,933 $925,000 38%
$791 $1,217,728 $1,249,000 33%
1.9% -11% -5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
56
56
54
50
50
49
40
45
36
39
35
34
27
26
24
29
14
17
19
15
1
16
16
14
5
8
$1.25M $1.19M
$1.10M
$1.07M
$980K $955K
$990K
$925K
$905K $987K $907K
$791K
$775K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
2
12
4+ bdrms
13
80%
10
67%
8
8
3 bdrms
18
6
7
4
2 bdrms
17%
18
8% 8%
2
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
1
S-L RATIO SALES INVENTORY
6 1 17%
9 6 67%
10 8 80%
12 1 8%
13 1 8%
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