burnabynorth CONDO -JUNE 2023
SALES TO LISTINGSRATIO 40% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 11% VS 2022
▲ 12% VS 2022
▼ 0.3% VS 2022
▲ 26% VS 2022
Therewere299 condolistingsin BurnabyN orth in June, 0.7% below M ayand 0.3% lowerthan June2022.
Junecondo salesincreased by0.8% m onth-over-m onth, to121,and were26% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 40% 120 301
% Change
Thesales-to-listing ratio forcondosin Burnaby N orth,at 40% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
40% 121 299
$861 $678,294 $649,500 32% 96 300
8% 11% 12% 26% 26% -0.3%
-5% 0.2% 5% 1.5% 0.8% -0.7%
Thecondom edian pricein Junewas$730,000,a5% increasefrom M ayand 12% aboveJune2022. Theaveragesold pricewas$751,752,0.2% abovelast m onth;theaveragePSF salepricewas$933,down 5% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$933 $751,752 $730,000
$986 $750,076 $695,950
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
287
300
299
268
301
264
301
253
270
257
251
245
218
120
12
121
92
88 82
16
96
50
80
58
52
44
$704K $667K $707K $661K $708K $680K
$696K $730K
$650K $671K $676K
$651K $692K
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
5
60
57%
3 bdrms
28
42%
40
36%
78
23%
2 bdrms
20
185
10% 10%
0
38
<$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
1 0 n/a
55 23 42%
102 58 57%
89 32 36%
26 6 23%
10 1 10%
10 1 10%
6 0 n/a
86
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