burnabynorth DETACHED -JUNE 2023
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▲ 0.3% VS 2022
▼ 34% VS 2022
▲ 5% VS 2022
Therewere87 detachedlistingsin BurnabyN orth in June,1.2% aboveM ayand 34% lowerthan June2022.
Junedetached hom esalesdecreased by45% m onth-over-m onth,to23,and were5% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio fordetached in Burnaby N orth, at26% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
23 87
$2,271,718 $2,044,500 17% 22 131
-4% 0.3% 57% 5% -34%
42 86
-46% -45% 1.2%
Thedetachedm edian pricein Junewas$2,050,000,a 0.0% increasefrom M ayand 0.3% aboveJune2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,181,991 $2,050,000 26%
$2,124,339 $2,049,400 49%
Theaveragesold pricewas$2,181,991,3% abovelast m onthand down 4% toJune2022.
3% 0%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
15
2.59
109
92
2.47
87
86
85
2.38
95
87
86
85
79
42
35
28
26
25
24
18
31
22
1.32
23
19
16
10
1.14
1.14
$2.09M $2.05M $2.05M
$2.04M $2.08M
$2.04M $1.96M
$1.96M $1.93M $1.89M
$1.79M
$1.75M $1.71M
22-Jun
23-M ay 23-Jun
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
100%
25
20
15
33%
32%
10
30%
5
9%
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 1 100%
30 9 30%
22 7 32%
12 4 33%
22 2 9%
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