burnabynorth TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 88% SELLERS'MARKET
▶ MARKETSUMMARY Therewere26townhomelistingsinBurnabyNorthin November,21%belowOctoberand51%lowerthan November2020. Novembertownhomesalesincreasedby28% month-over-month,to23,andwere10%above November2020. Thesales-to-listingratiofortownhomesinBurnaby North,at88%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas$750,000, a5%decreasefromOctoberand0.2%aboveNovember 2020. Theaveragesoldpricewas$778,304,7%belowlast month;theaveragePSFsalepricewas$673,up11%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 21% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 1.9% VS2020
▲ 0.1% VS2020
▼ 51% VS2020
▲ 10% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
23 26
21 53
21% 1.9% 0.2% 123% 10% -51%
18 33
11% -7% -5% 62% 28% -21%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$673 $778,304 $750,000 88%
$555 $763,429 $748,800 40%
$606 $838,550 $788,500 55%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
64
56
55
54
54
53
57
52 51
38
37
35
34
33
40
35
25
33
26
21
25
24
23
18
18
14
$919K
$896K
$847K
$818K
$800K
$789K
$775K
$768K
$761K
$749K
$750K
$750K
$718K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
14
3
100%
100%+
12
4+bdrms
2
10
75%
8
9
63%
3bdrms
13
6
4
11 11
2bdrms
2
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
2 2 100%
8 13 163%
8 5 63%
4 3 75%
2 0 n/a
2 0 n/a
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 15 ●
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