burnabynorth CONDO-APRIL 202
SALESTO LISTINGSRATIO 39% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 18% VS2021
TOTALLISTINGS
MEDIANPRICE
SALES
▲ 18% VS2021
▲ 19% VS2021
▲ 4% VS2021
▼ 38% VS2021
Therewere286condolistingsinBurnabyNorthinApril, 43%aboveMarchand4%higherthanApril2021.
Aprilcondosalesdecreasedby38%month-over-month, to112,andwere38%belowApril2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 66% 182 275
%Change
No. 90% 180 200
%Change
Thesales-to-listingratioforcondosinBurnabyNorth,at 39%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
39% 112 286
18% 18% 19% -41% -38% 4%
-56% -38% 43%
ThecondomedianpriceinAprilwas$729,000,a3% decreasefromMarchand19%aboveApril2021. Theaveragesoldpricewas$751,767,4%belowlast month;theaveragePSFsalepricewas$926,down2.0% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$926 $751,767 $729,000
$945 $783,467 $750,000
-2% -4% -3%
$788 $635,244 $613,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2021 ● APR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
286
284
304
302
297
275
290
208
200
230
176
167
182
180
132
127
124
160
145
143
17
13 13
12
104
101
$778K
$750K
$729K
$693K
$700K
$665K
$655K
$650K
$644K
$613K
$612K
$617K
$615K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
4+bdrms
80
3
60
3bdrms
56%
21
46%
38%
40
71
21%
2bdrms
20
193
11%
10%
0
38
<$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 0 n/a
66 25 38%
103 47 46%
59 33 56%
28 3 11%
14 3 21%
10 1 10%
5 0 n/a
72
Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E. 16 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online