burnabynorth DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 31% SELLERS'MARKET
▶ MARKETSUMMARY Therewere100detachedlistingsinBurnabyNorthin September,5%belowAugustand24%lowerthan September2020. Septemberdetachedhomesalesincreasedby15% month-over-month,to31,andwere37%below September2020. Thesales-to-listingratiofordetachedinBurnabyNorth, at31%,reflectedaselers'market. ThedetachedmedianpriceinSeptemberwas $1,718,000,a1.1%increasefromAugustand10%above September2020. Theaveragesoldpricewas$1,813,558,1.6%belowlast monthandup1.5%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 1.5% VS2020
▲ 10% VS2020
▼ 24% VS2020
▼ 37% VS2020
THISMONTH No. $1,813,558 $1,718,000 31% 31 100
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,786,053 $1,555,000 37% 49 132
1.5% 10% -16% -37% -24%
$1,842,621 $1,700,000 26% 27 105
21% 15% -5%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-1.6% 1.1%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
154
161
157
136
125
132
2.27
17
2.14
121
100
105
1.87
76
66
80
53
67 67
45
45
49
1.38
48
45 44
31
34
1.19
1.15
27
22
$1.92M
$1.80M $1.80M
$1.81M
$1.80M
$1.78M
$1.72M
$1.70M
$1.60M
$1.60M
$1.56M
$1.55M
$1.50M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%+
40
30
20
33%
33%
20%
10
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
6 7 117%
46 15 33%
18 6 33%
15 3 20%
15 0 n/a
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoard ofGreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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