burnabynorth TOWNHOME-MARCH 202
SALESTO LISTINGSRATIO 206% SELLERS'MARKET
▶ MARKETSUMMARY Therewere16townhomelistingsinBurnabyNorthin March,36%belowFebruaryand71%lowerthanMarch 2021. Marchtownhomesalesincreasedby94% month-over-month,to33,andwere37%belowMarch 2021. Thesales-to-listingratiofortownhomesinBurnaby North,at206%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$950,000,a 5%increasefromFebruaryand24%aboveMarch2021. Theaveragesoldpricewas$936,237,2%belowlast month;theaveragePSFsalepricewas$748,up3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 19% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2021
▲ 24% VS2021
▼ 71% VS2021
▼ 37% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
33 16
52 56
122% -37% -71%
17 25
3% -2% 5% 203% 94% -36%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$748 $936,237 $950,000 206%
$626 $787,979 $767,500 93%
$724 $959,518 $905,000 68%
19% 19% 24%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
64
56
54
54
57
52
51
38 37
34
33
33
40
26
33
25
18 18
25
24
23
18
17
16
12
1
$950K
$919K
$905K
$896K
$883K
$857K
$847K
$800K
$789K
$775K
$768K
$750K
$750K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
12
2 2
100%+ 100%+ 100%+ 100%+ 100%
4+bdrms
10
8
15
3bdrms
8
6
4
14
2bdrms
6
2
0
2
<$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
2 3 150%
2 5 250%
5 11 220%
3 12 400%
2 2 100%
2 0 n/a
Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 15 ●
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