burnabysouth CONDO-FEBRUARY 202
SALESTO LISTINGSRATIO 76% SELLERS'MARKET
▶ MARKETSUMMARY Therewere180condolistingsinBurnabySouthin February,10%aboveJanuaryand43%lowerthan February2021. Februarycondosalesincreasedby27% month-over-month,to136,andwere10%above February2021. Thesales-to-listingratioforcondosinBurnabySouth,at 76%,reflectedaselers'market. ThecondomedianpriceinFebruarywas$725,000,a2% decreasefromJanuaryand21%aboveFebruary2021. Theaveragesoldpricewas$765,327,0.2%abovelast month;theaveragePSFsalepricewas$938,up6%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 26% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 22% VS2021
▲ 21% VS2021
▼ 43% VS2021
▲ 10% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 39% 124 314
%Change
No. 65% 107 164
%Change
TOTALLISTINGS TOTALSALES
76% 136 180
26% 22% 21% 91% 10% -43%
6% 0.2% -2% 16% 27% 10%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$938 $765,327 $725,000
$889 $764,175 $740,000
$747 $625,302 $599,950
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 2021 ● FEB 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
337
353
322
314
320
320
31
301
217
248
188
159
180 136
147
136
123
164
157
133
133
126
124
123
15
107
$740K
$725K
$725K
$672K
$670K
$658K
$662K
$660K
$650K
$650K
$657K
$648K
$600K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
60
100%
100%+
4+bdrms
88%
50
40
66%
7
60%
3bdrms
25
30
20
85
25%
2bdrms
116
10
0
44
<$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%
32 28 88%
57 61 107%
40 24 60%
29 19 66%
12 3 25%
7 0 n/a
2 0 n/a
39
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