burnabynorth TOWNHOME-JUNE 2023
SALES TO LISTINGSRATIO 68% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 2% VS 2022
▼ 3% VS 2022
▼ 11% VS 2022
▲ 24% VS 2022
Therewere31 townhom elistingsin BurnabyN orth in June,9% below M ayand 11% lowerthan June2022. Junetownhom esalesdecreased by32% m onth-over-m onth,to21,and were24% aboveJune 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at68% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$830,000,a5% increasefrom M ayand 3% below June2022. Theaveragesold pricewas$853,562,3% below last m onth;theaveragePSF salepricewas$639,down 6% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
21 31
17 35
39% 24% -11%
31 34
-26% -32% -9%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$639 $853,562 $830,000 68%
$657 $873,847 $860,000 49%
$682 $878,387 $790,000 91%
-6% -3% 5%
-3% -2% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
38
34 34
39
33
35
36
31
31
31
25 25 25
23
17
17
21
12
15
12
1
8
8
7
5
$969K
$880K $885K $900K
$875K $868K
$860K
$790K $830K
$770K $748K $775K
$748K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
12
2
100%+
100%+
10
4+ bdrms
4
8
71%
13
3 bdrms
6
15
36%
33%
4
5
2 bdrms
8
2
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
4
S-L RATIO SALES INVENTORY
3 5 167%
7 5 71%
11 4 36%
4 5 125%
6 2 33%
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