burnabysouth CONDO -AUGUST 2023
SALES TO LISTINGSRATIO 37% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2022
▲ 10% VS 2022
▼ 6% VS 2022
▲ 7% VS 2022
Therewere242 condolistingsin BurnabySouth in August,6% below Julyand 6% lowerthan August2022.
Augustcondosalesdecreased by3% m onth-over-m onth, to90,and were7% aboveAugust2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 37% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$971 $833,247 $793,500 37% 90 242
$901 $750,454 $720,000 33% 84 257
8% 11% 10% 14% 7% -6%
$977 $825,959 $780,000 36% 93 257
-3% -6%
Thecondom edian pricein Augustwas$793,500,a1.7% increasefrom Julyand 10% aboveAugust2022. Theaveragesold pricewas$833,247,0.9% abovelast m onth;theaveragePSF salepricewas$971,down 0.7% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-0.7% 0.9% 1.7% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
249
257
264 259
242
257
254
248
245
242
226
203
196
161
149
84
16
78 76
90
84
66
96
93
71
33
$840K
$743K $784K $780K $794K
$720K $682K $712K $664K $684K
$710K $728K $750K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
70
4+ bdrms
60
78%
50
6
3 bdrms
40
35
43%
30
34% 33%
61
25%
20
2 bdrms
17%
148
10
6%
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
18 14 78%
75 32 43%
76 26 34%
45 15 33%
18 1 6%
6 1 17%
4 1 25%
59
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