burnabysouth TOWNHOME-NOVEMBER 2021
SALESTO LISTINGSRATIO 145% SELLERS'MARKET
▶ MARKETSUMMARY Therewere20townhomelistingsinBurnabySouthin November,43%belowOctoberand70%lowerthan November2020. Novembertownhomesalesincreasedby4% month-over-month,to29,andwere61%above November2020. Thesales-to-listingratiofortownhomesinBurnaby South,at145%,reflectedaselers'market. ThetownhomemedianpriceinNovemberwas$930,000, a7%increasefromOctoberand27%aboveNovember 2020. Theaveragesoldpricewas$928,141,3%abovelast month;theaveragePSFsalepricewas$688,up0.0%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 9% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 19% VS2020
▲ 27% VS2020
▼ 70% VS2020
▲ 61% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
29 20
18 67
9% 19% 27% 440% 61% -70%
28 35
0% 3% 7% 81% 4% -43%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$688 $928,141 $930,000 145%
$630 $778,288 $735,000 27%
$687 $898,375 $870,000 80%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
74
75
63 63
67
61
68
67
54
53
60
56
35
32
39
28
29
32
19
28
26
25
18
20
20
19
$930K
$915K
$879K
$868K
$870K
$853K
$837K
$836K
$820K
$800K
$778K
$768K
$735K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
8
1
100%+ 100%+ 100%+ 100%+ 100%+
4+bdrms
3
6
13
3bdrms
6
4
15
2
2bdrms
10
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 3 150%
6 7 117%
3 8 267%
5 8 160%
1 3 300%
2 0 n/a
1 0 n/a
1
Copyright©December6,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofDecember6,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online