burnabysouth DETACHED-SEPTEMBER 2021
SALESTO LISTINGSRATIO 21% BALANCEDMARKET
▶ MARKETSUMMARY Therewere148detachedlistingsinBurnabySouthin September,3%belowAugustand12%lowerthan September2020. Septemberdetachedhomesalesdecreasedby18% month-over-month,to31,andwere23%below September2020. Thesales-to-listingratiofordetachedinBurnabySouth, at21%,reflectedabalancedmarket. ThedetachedmedianpriceinSeptemberwas $1,725,000,a10%decreasefromAugustand6%above September2020. Theaveragesoldpricewas$1,906,876,9%belowlast monthandup12%toSeptember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 12% VS2020
▲ 6% VS2020
▼ 12% VS2020
▼ 23% VS2020
THISMONTH No. $1,906,876 $1,725,000 21% 31 148
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,696,804 $1,630,000 24% 40 169
12% 6% -12% -23% -12%
$2,100,609 $1,910,000 25% 38 153
-9% -10% -16% -18% -3%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
201
212
189
169
168
2.20
169
164
2.06
148
153
120
1.86
135
120
14
71
1.46
53
41
40
39
38
1.31
62
1.27
40
48
31
39
24 26
$2.02M
$1.91M
$1.86M
$1.78M
$1.78M
$1.77M $1.70M
$1.73M
$1.63M
$1.62M
$1.60M
$1.57M
$1.58M
Sep-20
Aug-21
Sep-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
50
40
30
56%
20
34%
10
17%
16%
3%
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
1 0 n/a
9 5 56%
47 16 34%
32 5 16%
24 4 17%
35 1 3%
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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