burnabynorth TOWNHOME-JANUARY 202
SALESTO LISTINGSRATIO 67% SELLERS'MARKET
▶ MARKETSUMMARY Therewere18townhomelistingsinBurnabyNorthin January,50%aboveDecemberand49%lowerthan January2021. Januarytownhomesalesdecreasedby33% month-over-month,to12,andwere14%belowJanuary 2021. Thesales-to-listingratiofortownhomesinBurnaby North,at67%,reflectedaselers'market. ThetownhomemedianpriceinJanuarywas$886,500,a 4%changefromDecemberand17%aboveJanuary2021. Theaveragesoldpricewas$868,092,6%belowlast month;theaveragePSFsalepricewas$766,up14%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 33% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 11% VS2021
▲ 17% VS2021
▼ 49% VS2021
▼ 14% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
12 18
14 35
33% 11% 17% 67% -14% -49%
18 12
14% -6% 4% -56% -33% 50%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$766 $868,092 $886,500 67%
$577 $783,979 $760,500 40%
$669 $918,639 $856,500 150%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
64
56
55
54
54
57
52
51
38
37
34
33
40
35
26
33
18
25
24
23
18 12
14
18
18
12
$919K
$896K
$887K
$857K
$847K
$818K
$800K
$789K
$775K
$768K
$761K
$750K
$750K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%
100%+
8
4+bdrms
1
6
8
3bdrms
10
50%
4
4
2bdrms
20%
2
7
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
1 1 100%
5 1 20%
5 9 180%
2 1 50%
3 0 n/a
2 0 n/a
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 15 ●
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