burnabysouth CONDO-SEPTEMBER 2021
SALESTO LISTINGSRATIO 36% SELLERS'MARKET
▶ MARKETSUMMARY Therewere322condolistingsinBurnabySouthin September,0.6%aboveAugustand29%lowerthan September2020. Septembercondosalesdecreasedby7% month-over-month,to115,andwere15%above September2020. Thesales-to-listingratioforcondosinBurnabySouth,at 36%,reflectedaselers'market. ThecondomedianpriceinSeptemberwas$656,789,a 0.7%decreasefromAugustand10%aboveSeptember 2020. Theaveragesoldpricewas$692,847,3%belowlast month;theaveragePSFsalepricewas$836,down3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 10% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 6% VS2020
▲ 10% VS2020
▼ 28% VS2020
▲ 15% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 22% 100 456
%Change
No. 38% 123 320
%Change
TOTALLISTINGS TOTALSALES
36% 115 322
10% 6% 10% 63% 15% -29%
-3% -3% -0.7% -7% -7% 0.6%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$836 $692,847 $656,789
$859 $717,059 $661,500
$758 $650,683 $599,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● SEP 2020 ● SEP 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
456
420
450
353
337
353
322
333
320
320
314
31
301
188
137
123
101
157
98
15
133
100
124
123
92
86
$672K
$662K
$658K
$657K
$650K
$648K
$650K
$599K
$600K
$590K
$595K
$588K
$576K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
4+bdrms
1
80
13
60
3bdrms
53%
35
49%
40
33%
28%
65
2bdrms
18%
20
216
7%
0
37
<$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
3 1 33%
71 35 49%
103 55 53%
89 16 18%
25 7 28%
16 0 n/a
14 1 7%
1 0 n/a
70
Copyright©October12,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofOctober12,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 19 ●
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