burnabynorth DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY Therewere92 detachedlistingsin BurnabyN orth in N ovem ber,3% below O ctoberand 15% higherthan N ovem ber2021. N ovem berdetached hom esalesdecreased by21% m onth-over-m onth,to19,and were41% below N ovem ber2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at21% ,reflected abalanced m arket. Thedetached m edian pricein N ovem berwas $1,955,000,a4% decreasefrom O ctoberand 1.3% above N ovem ber2021. Theaveragesold pricewas$2,188,600,6% abovelast m onth and up 1.8% toN ovem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.8% VS 2021
▲ 1.3% VS 2021
▲ 15% VS 2021
▼ 41% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
19 92
32 80
1.8% 1.3% -48% -41% 15%
24 95
-18% -21% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,188,600 $1,955,000 21%
$2,064,174 $2,041,250 25%
$2,150,391 $1,929,000 40%
6% -4%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
15
2.63
2.57
109
87
92
80
95
93
2.23
64
61 47
59 33
37
30
28
40
25
32
24
1.24
19
1.17
22
1.12
17
16
$2.30M
$2.17M $2.12M
$2.13M $2.20M $2.04M $2.08M
$2.04M $1.96M
$1.93M $1.99M
$1.75M $1.71M
Nov-21
Oct-22
Nov-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
35
100%+
30
25
20
15
10
24%
23%
18%
5
4%
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-L RATIO SALES INVENTORY
1 3 300%
33 8 24%
22 4 18%
13 3 23%
23 1 4%
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