burnabysouth DETACHED-APRIL 202
SALESTO LISTINGSRATIO 34% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
SALES
TOTALLISTINGS
▲ 13% VS2021
▲ 24% VS2021
▼ 45% VS2021
▼ 39% VS2021
Therewere111detachedlistingsinBurnabySouthin April,0.9%belowMarchand45%lowerthanApril2021. Aprildetachedhomesalesincreasedby19% month-over-month,to38,andwere39%belowApril 2021. Thesales-to-listingratiofordetachedinBurnabySouth, at34%,reflectedaselers'market.
THISMONTH No. $2,272,600 $2,206,000 34% 38 111
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$2,007,949 $1,779,000 31% 62 201
13% 24% 11% -39% -45%
$2,400,406 $2,210,000 29% 32 112
-5% -0.2% 20% 19% -0.9%
ThedetachedmedianpriceinAprilwas$2,206,000,a 0.2%decreasefromMarchand24%aboveApril2021.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,272,600,5%belowlast monthandup13%toApril2021.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
212
189
201
2.20
148
2.09
164
128
1.99
153
12
100
11
80
76
1.48
55
52
62
44
42
40
66
1.32
38
1.31
38
39
38
32
31
24
$2.48M
$2.21M
$2.21M
$2.02M
$2.04M
$2.00M
$1.91M
$1.93M
$1.86M
$1.83M
$1.78M
$1.75M
$1.73M
Apr-21
Mar-22
Apr-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
35
30
25
20
58%
15
41%
10
29%
14%
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
2 0 n/a
32 13 41%
24 14 58%
24 7 29%
29 4 14%
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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