burnabysouth CONDO -JUNE 2023
SALES TO LISTINGSRATIO 46% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 13% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2022
▲ 9% VS 2022
▼ 15% VS 2022
▲ 16% VS 2022
Therewere254 condolistingsin BurnabySouth in June, 5% aboveM ayand 15% lowerthan June2022.
Junecondo salesdecreased by27% m onth-over-m onth, to117,and were16% aboveJune2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 34% 101 299
% Change
No. 67% 161 242
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 46% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
46% 117 254
13% 12% 9% 36% 16% -15%
3% 1.3% 5% -31% -27% 5%
Thecondom edian pricein Junewas$780,900,a5% increasefrom M ayand 9% aboveJune2022. Theaveragesold pricewas$807,217,1.3% abovelast m onth;theaveragePSF salepricewas$1,008,up 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,008 $807,217 $780,900
$981 $797,128 $743,000
$889 $718,284 $715,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
299
264
298
259
249
254
226
257
248
245
242
203
161
196
149
84
84
101
17
78
76
66
96
88
71
33
$840K
$743K $781K
$715K $710K $720K $682K $712K $664K $684K
$710K $728K $750K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
80
4+ bdrms
89%
1
60
10
60%
3 bdrms
35
40
46%
68
24% 22%
20
2 bdrms
156
0
39
<$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
19 17 89%
84 50 60%
74 34 46%
49 12 24%
18 4 22%
6 0 n/a
4 0 n/a
62
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