burnabysouth DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY Therewere106 detachedlistingsin BurnabySouth in O ctober,3% below Septem berand 17% lowerthan October2021. O ctoberdetached hom esalesincreased by 17% m onth-over-m onth,to 14,and were68% below O ctober 2021. Thesales-to-listing ratio fordetached in Burnaby South, at13% ,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$2,189,750,a 25% increasefrom Septem berand 20% aboveO ctober 2021. Theaveragesold pricewas$2,277,901,20% abovelast m onth and up 16% toOctober2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 16% VS 2021
▲ 20% VS 2021
▼ 17% VS 2021
▼ 68% VS 2021
THISMONTH No. $2,277,901 $2,189,750 13% 14 106
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,961,784 $1,830,000 34% 44 128
16% 20% -62% -68% -17%
$1,898,583 $1,758,000 11% 12 109
20% 25% 20% 17% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
122
128
12
125
109
100
106
2.42
12
1
104
2.27
2.10
76
80
55
66
41
38
44
25
1.32
38
1.27
20
32
28
1.14
24
14
19
12
$2.46M
$2.21M $2.21M $2.17M
$2.19M
$2.13M
$2.04M $1.93M
$1.89M $1.90M
$1.83M $2.00M
$1.76M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
40
30
20
33%
10
19%
12%
11%
7%
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
1 0 n/a
6 2 33%
38 4 11%
21 4 19%
15 1 7%
25 3 12%
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