burnabynorth DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 34% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 25% VS2020
▲ 40% VS2020
▲ 71% VS2020
Therewere154detachedlistingsinBurnabyNorthin June,4%belowMayand40%higherthanJune2020. Junedetachedhomesalesincreasedby10% month-over-month,to53,andwere71%aboveJune 2020. Thesales-to-listingratiofordetachedinBurnabyNorth, at34%,reflectedaseler'smarket.
THISMONTH No. $2,010,238 $1,920,000 34% 53 154
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change 25% 25% 22% 71% 40%
No.
%Change
TOTALLISTINGS TOTALSALES
$1,603,855 $1,530,000 28% 31 110
$1,956,910 $1,783,000 30% 48 161
15% 10% -4%
ThedetachedmedianpriceinJunewas$1,920,000,a8% increasefromMayand25%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,010,238,3%abovelast monthandup25%toJune2020.
3% 8%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
154
161
157
132 136
128
125
2.48
17
2.40
127
10
2.11
76
66
80
58
67 67
45
53
49 45 44
48
31
1.38
36
34
1.26
1.21
22
$1.92M
$1.80M $1.80M
$1.80M
$1.78M
$1.60M
$1.60M
$1.57M
$1.56M
$1.53M
$1.55M
$1.50M
$1.49M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
70
100%
60
50
71%
40
30
34%
32%
27%
20
10
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
2 2 100%
15 4 27%
70 24 34%
34 11 32%
17 12 71%
16 0 n/a
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online