burnabysouth TOWNHOME-SEPTEMBER 2021
SALESTO LISTINGSRATIO 53% SELLERS'MARKET
▶ MARKETSUMMARY Therewere53townhomelistingsinBurnabySouthin September,13%belowAugustand30%lowerthan September2020. Septembertownhomesalesincreasedby8% month-over-month,to28,andwere4%aboveSeptember 2020. Thesales-to-listingratiofortownhomesinBurnaby South,at53%,reflectedaselers'market. ThetownhomemedianpriceinSeptemberwas $835,500,a4%decreasefromAugustand5%below September2020. Theaveragesoldpricewas$955,801,12%abovelast month;theaveragePSFsalepricewas$710,up9%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 12% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 16% VS2020
▼ 5% VS2020
▼ 30% VS2020
▲ 4% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
28 53
27 76
12% 16% -5% 49% 4% -30%
26 61
9% 12% -4% 24% 8% -13%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$710 $955,801 $835,500 53%
$636 $822,339 $875,000 36%
$648 $851,642 $867,500 43%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
74
76
67
75
63 63
61
68
67
67
54
60
53
56
32
39
26
28
27
32
19
26
25
20
19
18
$915K
$879K
$875K
$868K
$853K
$837K
$836K
$820K
$800K
$800K
$778K
$768K
$735K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
16
5 5
100%+
14
4+bdrms
12
80%
10
10
3bdrms
8
21
50%
47% 47% 45%
6
12
4
2bdrms
24
2
0
1
<$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 3 150%
15 7 47%
15 7 47%
11 5 45%
5 4 80%
4 2 50%
1 0 n/a
3
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
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