burnabysouth TOWNHOME-JUNE 2023
SALES TO LISTINGSRATIO 52% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 0.1% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▼ 7% VS 2022
▲ 11% VS 2022
▲ 100% VS 2022
Therewere50townhom elistingsin BurnabySouth in June,11% below M ayand 11% higherthan June2022. Junetownhom esalesincreased by37% m onth-over-m onth,to26,and were100% aboveJune 2022. Thesales-to-listing ratio fortow nhom esin Burnaby South,at52% ,reflected aselers'm arket. Thetownhom em edian pricein Junewas$790,500,a 20% decreasefrom M ayand 7% below June2022. Theaveragesold pricewas$1,004,000,7% below last m onth;theaveragePSF salepricewas$802,up 0.1% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
26 50
13 45
-0.1% 4% -7% 80% 100% 11%
19 56
0.1% -7% -20% 53% 37% -11%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$802 $1,004,000 $790,500 52%
$802 $961,650 $850,000 29%
$801 $1,074,684 $990,000 34%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
56
56
54
50
46
45
40
45
36
39
35
34
27
24
26
29
15
14
19
1
13
16
14
5
1
8
$1.10M
$1.07M
$987K
$990K
$980K $955K
$905K
$907K
$850K $883K $925K
$791K
$775K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
5
100%+
100%
4+ bdrms
15
12
7
10
3 bdrms
23
13
5
24%
2 bdrms
14%
15
13%
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
5 13 260%
8 1 13%
6 6 100%
14 2 14%
17 4 24%
Copyright© July4,2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly4,2023.Aldatafrom RealEstateBoardofGreaterVancouverand FraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshouldtakestepsas therecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationis subjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 18 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online