burnabysouth CONDO-MARCH 202
SALESTO LISTINGSRATIO 65% SELLERS'MARKET
▶ MARKETSUMMARY Therewere219condolistingsinBurnabySouthin March,22%aboveFebruaryand27%lowerthanMarch 2021. Marchcondosalesincreasedby5%month-over-month, to143,andwere24%belowMarch2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 10% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 10% VS2021
▲ 13% VS2021
▼ 27% VS2021
▼ 24% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 62% 188 301
%Change
No. 76% 136 180
%Change
Thesales-to-listingratioforcondosinBurnabySouth,at 65%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
65% 143 219
10% 10% 13% 5% -24% -27%
-3% 1% 5% -14% 5% 22%
ThecondomedianpriceinMarchwas$760,000,a5% increasefromFebruaryand13%aboveMarch2021. Theaveragesoldpricewas$773,321,1.0%abovelast month;theaveragePSFsalepricewas$909,down3%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$909 $773,321 $760,000
$938 $765,327 $725,000
$829 $701,099 $671,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
337
353
322
301
320
320
31
217
248
219
180
188
159
147
136
136
123
143
164
157
133
133
126
123
15
107
$760K
$740K
$725K
$725K
$672K
$670K
$658K
$662K
$660K
$650K
$650K
$657K
$648K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
70
60
4+bdrms
86%
50
79%
74%
40
13
3bdrms
23
30
38%
30%
20
88
2bdrms
140
10
0
42
<$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
34 25 74%
65 56 86%
58 46 79%
44 13 30%
8 3 38%
7 0 n/a
2 0 n/a
56
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