burnabynorth TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 91% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 10% VS 2022
▼ 19% VS 2022
▲ 17% VS 2022
▲ 107% VS 2022
Therewere34 townhom elistingsin BurnabyN orth in M ay,nochangetoApriland 17% higherthan M ay2022. M aytownhom esalesincreased by35% m onth-over-m onth,to31,and were107% aboveM ay 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at91% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$790,000,a 12% decreasefrom Apriland 19% below M ay2022. Theaveragesold pricewas$878,387,6% below last m onth;theaveragePSF salepricewas$682,up 6% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
31 34
15 29
-2% -10% -19% 76% 107% 17%
23 34
6% -6% -12% 35% 35% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$682 $878,387 $790,000 91%
$698 $978,733 $978,000 52%
$643 $932,578 $899,900 68%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
38
35
34 34
39
33
36
31
29
31
25 25 25
23
17
17
15
12
15
12
1
8
8
7
5
$978K
$969K
$880K $885K $900K
$875K $868K
$860K
$790K
$770K $748K $775K
$748K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
4 4
100%+
100%
100%+
8
4+ bdrms
71%
6
14
3 bdrms
17
43%
4
12
2 bdrms
2
9
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
4
S-L RATIO SALES INVENTORY
1 0 n/a
4 7 175%
9 9 100%
7 5 71%
6 7 117%
7 3 43%
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