burnabynorth DETACHED -DECEMBER 202
SALESTO LISTINGSRATIO 21% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere85 detachedlistingsin BurnabyN orth in D ecem ber,8% below N ovem berand 44% higherthan D ecem ber2021. D ecem berdetached hom esalesdecreased by 5% m onth-over-m onth,to18,and were45% below D ecem ber2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at21% ,reflected aselers'm arket. Thedetachedm edian pricein D ecem berwas$1,792,000, a8% decreasefrom N ovem berand 10% below D ecem ber 2021. Theaveragesold pricewas$1,956,173,11% below last m onth and down 9% toD ecem ber2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 9% VS2021
▼ 10% VS2021
▲ 44% VS2021
▼ 45% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
%Change
No.
TOTALLISTINGS TOTALSALES
18 85
33 59
-9% -10% -62% -45% 44%
-5% -8%
19 92
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
-11% -8% 3%
$2,187,547 $1,955,000 21%
$1,956,173 $1,792,000 21%
$2,155,733 $1,988,888 56%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
15
2.32
109
2.23
92
87
2.06
95
93
85
64
59
61 47
37
30
28 25
1.30
33
40
24
1.24
1.24
18
22
19
17
16
$2.30M
$2.13M $2.20M $2.04M $2.08M
$2.04M
$1.99M $2.17M $2.12M
$1.96M $1.79M
$1.75M $1.71M
Dec-21
Nov-22
Dec-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
30
100%+
25
20
15
10
29%
19%
5
10%
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-LRATIO SALES INVENTORY
1 0 n/a
1 4 400%
28 8 29%
21 4 19%
14 0 n/a
20 2 10%
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