burnabysouth TOWNHOME-FEBRUARY 202
SALESTO LISTINGSRATIO 52% SELLERS'MARKET
▶ MARKETSUMMARY Therewere33townhomelistingsinBurnabySouthin February,65%aboveJanuaryand48%lowerthan February2021. Februarytownhomesalesincreasedby31% month-over-month,to17,andwere15%belowFebruary 2021. Thesales-to-listingratiofortownhomesinBurnaby South,at52%,reflectedaselers'market. ThetownhomemedianpriceinFebruarywas$997,000,a 3%decreasefromJanuaryand28%aboveFebruary2021. Theaveragesoldpricewas$1,112,481,4%abovelast month;theaveragePSFsalepricewas$804,up0.3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 22% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 36% VS2021
▲ 28% VS2021
▼ 48% VS2021
▼ 15% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
17 33
20 63
22% 36% 28% 62% -15% -48%
13 20
0.3% 4% -3% -21% 31% 65%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$804 $1,112,481 $997,000 52%
$658 $819,985 $777,500 32%
$801 $1,071,138 $1,030,000 65%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
74
75
63
61
68
63
67
54
53
35
33
32
39
29
28
32
20
28
26
25
15
17
20
20
13 13
$1.03M
$997K
$930K
$915K
$879K
$868K
$870K
$853K
$837K
$836K
$820K
$819K
$778K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
2
100%
4+bdrms
10
4
8
67%
7
3bdrms
13
6
50% 50%
50%
43%
4
7
2bdrms
15
2
0
1 1
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 1 100%
4 2 50%
12 6 50%
3 2 67%
6 3 50%
7 3 43%
Copyright©March7,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch7,202.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online