burnabynorth DETACHED-APRIL 202
SALESTO LISTINGSRATIO 41% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 22% VS2021
▲ 21% VS2021
▼ 41% VS2021
▼ 50% VS2021
Therewere93detachedlistingsinBurnabyNorthin April,7%aboveMarchand41%lowerthanApril2021. Aprildetachedhomesalesdecreasedby5% month-over-month,to38,andwere50%belowApril 2021. Thesales-to-listingratiofordetachedinBurnabyNorth, at41%,reflectedaselers'market.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
38 93
$1,876,330 $1,795,000 48% 76 157
22% 21% -16% -50% -41%
40 87
-3% -5% -11% -5% 7%
ThedetachedmedianpriceinAprilwas$2,177,500,a5% decreasefromMarchand21%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,281,365 $2,177,500 41%
$2,360,801 $2,295,500 46%
Theaveragesoldpricewas$2,281,365,3%belowlast monthandup22%toApril2021.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
154
157
161
2.42
2.24
121
100
2.20
87
105
93
80
76
84
64
59
53
45
61
38
33
48
38
47
1.36
40
1.31
1.27
32
30
27
17
$2.30M $2.12M $2.17M
$2.18M
$1.99M
$1.92M
$1.93M
$1.80M
$1.81M
$1.82M
$1.78M
$1.70M
$1.68M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
25
20
15
52%
52%
10
27%
23%
5
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
27 14 52%
25 13 52%
15 4 27%
26 6 23%
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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