burnabynorth DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere95 detachedlistingsin BurnabyN orth in O ctober,17% below Septem berand 13% higherthan October2021. O ctoberdetached hom esalesincreased by 50% m onth-over-m onth,to 24,and were37% below O ctober 2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at25% ,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$2,041,250,a 20% increasefrom Septem berand 12% aboveO ctober 2021. Theaveragesold pricewas$2,064,174,6% abovelast m onth and up 5% toOctober2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 12% VS 2021
▲ 13% VS 2021
▼ 37% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24 95
38 84
5% 12% -44% -37% 13%
$1,944,647 $1,705,000 14% 16 115
6% 20% 82% 50% -17%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,064,174 $2,041,250 25%
$1,970,098 $1,817,868 45%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
15
2.63
109
87
80
95
2.31
93
2.28
84
64
61 47
59 33
37
38
30
28
40
25
32
24
1.21
22
1.15
1.12
17
16
$2.30M
$2.17M $2.12M
$2.13M $2.20M $2.04M $2.08M
$2.04M
$1.93M $1.99M
$1.82M
$1.75M $1.71M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
25
20
15
45%
33%
10
29%
18%
5
5%
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-L RATIO SALES INVENTORY
3 1 33%
31 9 29%
22 10 45%
17 3 18%
22 1 5%
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