burnabysouth DETACHED-JUNE 2021
SALESTO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 31% VS2020
▲ 25% VS2020
▲ 22% VS2020
▲ 63% VS2020
Therewere189detachedlistingsinBurnabySouthin June,11%belowMayand22%higherthanJune2020. Junedetachedhomesalesdecreasedby26% month-over-month,to39,andwere63%aboveJune 2020. Thesales-to-listingratiofordetachedinBurnabySouth, at21%,reflectedabalancedmarket.
THISMONTH No. $2,031,538 $1,860,000 21% 39 189
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change 31% 25% 33% 63% 22%
No.
%Change
TOTALLISTINGS TOTALSALES
$1,550,063 $1,489,950 15% 24 155
$1,870,743 $1,784,000 25% 53 212
-17% -26% -11%
ThedetachedmedianpriceinJunewas$1,860,000,a4% increasefromMayand25%aboveJune2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,031,538,9%abovelast monthandup31%toJune2020.
9% 4%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
201
212
175
189
169
168
166
2.27
169
155
2.03
120
135
1.89
120
14
71
53
41 39
40
1.36
62
1.33
26
1.26
39
48
24
26
26
24
$1.86M
$1.77M $1.70M
$1.78M
$1.78M
$1.63M
$1.62M
$1.60M
$1.60M
$1.57M
$1.58M
$1.51M
$1.49M
Jun-20
May-21
Jun-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
70
60
50
40
55%
30
20
22%
18%
17%
10
9%
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
0 1 n/a
11 6 55%
72 16 22%
38 7 18%
35 6 17%
33 3 9%
Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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