burnabynorth TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 65% SELLERS'MARKET
▶ MARKETSUMMARY Therewere37townhomelistingsinBurnabyNorthin September,3%belowAugustand46%lowerthan September2020. Septembertownhomesalesdecreasedby27% month-over-month,to24,andwere4%belowSeptember 2020. Thesales-to-listingratiofortownhomesinBurnaby North,at65%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $918,500,a22%increasefromAugustand27%above September2020. Theaveragesoldpricewas$901,429,12%abovelast month;theaveragePSFsalepricewas$648,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 36% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 27% VS2020
▼ 46% VS2020
▼ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
24 37
25 69
36% 25% 27% 79% -4% -46%
33 38
5% 12% 22% -25% -27% -3%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$648 $901,429 $918,500 65%
$478 $718,324 $725,000 36%
$615 $801,712 $750,000 87%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
69
64
56
55
54
54
53
57
57
52 51
38
35
34
37
40
35
25
33
25
24
25
22
21
18
14
$919K
$896K
$847K
$818K
$800K
$775K
$768K
$768K
$761K
$749K
$750K
$725K
$718K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
3
100%
100%+
4+bdrms
15
2
17
3bdrms
10
21
50% 50%
50%
4
5
2bdrms
14
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 1 50%
18 9 50%
7 7 100%
3 6 200%
5 0 n/a
2 1 50%
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 15 ●
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