burnabynorth CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 20% BALANCEDMARKET
▶ MARKETSUMMARY Therewere268 condolistingsin BurnabyN orth in N ovem ber,1.5% aboveO ctoberand 29% higherthan N ovem ber2021. N ovem bercondosalesdecreased by9% m onth-over-m onth,to53,and were57% below N ovem ber2021. Thesales-to-listing ratio forcondosin Burnaby N orth,at 20% ,reflected abalanced m arket. Thecondom edian pricein N ovem berwas$703,000,a 1.6% increasefrom O ctoberand 9% aboveN ovem ber 2021. Theaveragesold pricewas$713,502,1.9% abovelast m onth;theaveragePSF salepricewas$803,down 9% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.0% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 7% VS 2021
▲ 9% VS 2021
▲ 29% VS 2021
▼ 57% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 60% 124 208
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$803 $713,502 $703,000 20% 53 268
-67% -57% 29%
$878 $700,326 $692,000 22% 58 264
-9% 1.9% 1.6% -10% -9% 1.5%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$802 $668,827 $643,500
0% 7% 9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
286
287
309 300 301
264
268
257
208
200
176
167
180
124
160
145
124
88
82
12
104
101
96
80
53
58
$778K $750K $729K
$693K $700K
$699K $650K $671K $676K $651K
$692K $703K
$644K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
4+ bdrms
80
60
3
3 bdrms
27
40
42%
39
22%
2 bdrms
20
17%
174
14%
0
11
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
3 0 n/a
43 18 42%
91 20 22%
80 11 14%
24 4 17%
8 0 n/a
13 0 n/a
6 0 n/a
67
Copyright© Decem ber5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofDecem ber5,202 .Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 16 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online