burnabysouth DETACHED -NOVEMBER 202
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere90 detachedlistingsin BurnabySouth in N ovem ber,15% below O ctoberand 10% lowerthan N ovem ber2021. N ovem berdetached hom esalesincreased by50% m onth-over-m onth,to21,and were62% below N ovem ber2021. Thesales-to-listing ratio fordetached in Burnaby South, at23% ,reflected aselers'm arket. Thedetached m edian pricein N ovem berwas $1,910,000,a13% decreasefrom O ctoberand 5% below N ovem ber2021. Theaveragesold pricewas$2,136,238,6% below last m onth and down 1.2% toN ovem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.2% VS 2021
▼ 5% VS 2021
▼ 10% VS 2021
▼ 62% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21 90
$2,162,902 $2,000,000 55% 55 100
-1.2% -5% -58% -62% -10%
$2,277,901 $2,189,750 13% 14 106
-6% -13% 77% 50% -15%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,136,238 $1,910,000 23%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
12
125
109
122
106
100
12
1
2.42
104
2.15
76
90
80
1.94
55
66
41
38
1.49
1.39
38
24
20
1.27
32
28
21
24
19
14
12
$2.46M
$2.21M $2.21M $2.17M
$2.19M
$2.13M
$2.00M $2.04M $1.93M
$1.91M
$1.87M $1.90M
$1.76M
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
26%
18%
17%
15%
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-L RATIO SALES INVENTORY
0 2 n/a
1 1 100%
35 9 26%
22 4 18%
12 2 17%
20 3 15%
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