burnabynorth CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 43% SELLERS'MARKET
▶ MARKETSUMMARY Therewere297condolistingsinBurnabyNorthin September,1.7%belowAugustand28%lowerthan September2020. Septembercondosalesincreasedby9% month-over-month,to127,andwere15%above September2020. Thesales-to-listingratioforcondosinBurnabyNorth,at 43%,reflectedaselers'market. ThecondomedianpriceinSeptemberwas$665,000,a 1.5%increasefromAugustand9%aboveSeptember 2020. Theaveragesoldpricewas$681,293,3%abovelast month;theaveragePSFsalepricewas$844,up3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 13% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 7% VS2020
▲ 9% VS2020
▼ 28% VS2020
▲ 15% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 27% 110 414
%Change
No. 39% 117 302
%Change
TOTALLISTINGS TOTALSALES
43% 127 297
13% 7% 9% 61% 15% -28%
3% 3% 1.5% 10% 9% -1.7%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$844 $681,293 $665,000
$823 $662,269 $655,000
$745 $634,838 $608,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
414
379
400
323
312
304
302
284
324
273
297
290
182 275
200
127
143
10
129
17
13 13
97
96
87 91
$665K
$655K
$650K
$625K
$617K
$615K
$608K
$613K
$612K
$598K
$590K
$582K
$559K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
1
80
4+bdrms
60
3
58%
3bdrms
21
50% 47%
40
37%
81
2bdrms
20
209
11% 11%
0
42
<$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
10 5 50%
87 41 47%
86 50 58%
76 28 37%
18 2 11%
9 1 11%
9 0 n/a
2 0 n/a
67
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 16 ●
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