burnabynorth CONDO-JANUARY 202
SALESTO LISTINGSRATIO 63% SELLERS'MARKET
▶ MARKETSUMMARY Therewere167condolistingsinBurnabyNorthin January,15%aboveDecemberand48%lowerthan January2021. Januarycondosalesincreasedby4%month-over-month, to105,andwere9%aboveJanuary2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 18% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2021
▲ 25% VS2021
▼ 48% VS2021
▲ 9% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 70% 101 145
%Change
Thesales-to-listingratioforcondosinBurnabyNorth,at 63%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
63% 105 167
$735 $597,449 $559,000 30% 96 323
18% 23% 25% 112% 9% -48%
1.1% -10% 4% 15%
ThecondomedianpriceinJanuarywas$700,000,a1.1% changefromDecemberand25%aboveJanuary2021. Theaveragesoldpricewas$735,701,5%abovelast month;theaveragePSFsalepricewas$868,up3%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$868 $735,701 $700,000
$842 $703,755 $692,500
3% 5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 2021 ● JAN 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
323
304
302
297
284
312
290
273 275 200
208
230
182
167
127 132 124
145
143
129
105
96
17
13 13
101
$700K
$693K
$665K
$650K
$655K
$650K
$644K
$617K
$615K
$613K
$612K
$598K
$559K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%+
40
95%
4+bdrms
30
67%
7
62%
3bdrms
13
20
35%
67
2bdrms
10
14%
110
0
31
<$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 4 400%
43 29 67%
42 26 62%
38 36 95%
23 8 35%
14 2 14%
6 0 n/a
44
Copyright©February8,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofFebruary8,202.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 16 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online