burnabysouth TOWNHOME-OCTOBER 2021
SALESTO LISTINGSRATIO 80% SELLERS'MARKET
▶ MARKETSUMMARY Therewere35townhomelistingsinBurnabySouthin October,34%belowSeptemberand48%lowerthan October2020. Octobertownhomesalesremainedthesame month-over-month,at28,andwere8%aboveOctober 2020. Thesales-to-listingratiofortownhomesinBurnaby South,at80%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$870,000,a 4%increasefromSeptemberand9%aboveOctober 2020. Theaveragesoldpricewas$898,375,6%belowlast month;theaveragePSFsalepricewas$687,down3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 11% VS2020
▲ 9% VS2020
▼ 48% VS2020
▲ 8% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
28 35
26 67
9% 11% 9% 106% 8% -48%
28 53
-3% -6% 4% 51% 0% -34%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$687 $898,375 $870,000 80%
$633 $808,684 $800,000 39%
$710 $955,801 $835,500 53%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2020 ● OCT 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
74
67
75
63 63
67
61
68
67
54
53
60
56
32
35 28
39
28
32
26
19
26
25
20
19
18
$915K
$879K
$870K
$868K
$853K
$837K
$836K
$820K
$800K
$800K
$778K
$768K
$735K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
3 3
100%
100%+
10
4+bdrms
8
67% 67%
13 13
3bdrms
6
4
12
2bdrms
2
18
0
<$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
4 0 n/a
9 9 100%
6 11 183%
9 6 67%
3 2 67%
3 0 n/a
1 0 n/a
1
Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
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