burnabynorth CONDO -OCTOBER 202
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere264 condolistingsin BurnabyN orth in O ctober,3% aboveSeptem berand 15% higherthan October2021. O ctobercondosalesdecreased by29% m onth-over-m onth,to 58,and were56% below O ctober 2021. Thesales-to-listing ratio forcondosin Burnaby N orth,at 22% ,reflected aselers'm arket. Thecondom edian pricein Octoberwas$692,000,a6% increasefrom Septem berand 6% aboveO ctober2021. Theaveragesold pricewas$700,326,0.7% abovelast m onth;theaveragePSF salepricewas$878,up 7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 11% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.5% VS 2021
▲ 6% VS 2021
▲ 15% VS 2021
▼ 56% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 57% 132 230
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$878 $700,326 $692,000 22% 58 264
11% 1.5% 6% -62% -56% 15%
$823 $695,309 $650,500 32% 82 257
7% 0.7% 6% -31% -29% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$792 $689,902 $650,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2021 ● OCT 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
286
287
309
300
301
264
257
230
208
200
176
167
180
124
124
160
132
145
88
82
12
104
101
96
80
58
$778K $750K
$729K $699K
$693K $700K
$650K $644K
$650K $671K $676K $651K $692K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
100%
4+ bdrms
80
4
60
3 bdrms
25
40
32% 32%
33
2 bdrms
18%
20
181
3%
0
21
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
1 1 100%
38 12 32%
98 31 32%
72 13 18%
29 1 3%
9 0 n/a
12 0 n/a
5 0 n/a
58
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