burnabynorth TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 45% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere33 townhom elistingsin BurnabyN orth in M arch,32% aboveFebruaryand 106% higherthan M arch 2022. M arch townhom esalesincreased by36% m onth-over-m onth,to 15,and were55% below M arch 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at45% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$885,000,a 0.6% increasefrom Februaryand 7% below M arch 2022. Theaveragesold pricewas$898,960,5% abovelast m onth;theaveragePSF salepricewas$655,up 7% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 13% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▼ 7% VS 2022
▲ 106% VS 2022
▼ 55% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
15 33
33 16
-13% -4% -7% -78% -55% 106%
11 25
7% 5% 0.6% 3% 36% 32%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$655 $898,960 $885,000 45%
$748 $936,237 $950,000 206%
$612 $859,164 $880,000 44%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
38
35
39
33
33
36
29
31
23
25 25 25
17
17
15
15
12
16
12
12
1
8
8
7
5
$969K
$950K $989K $978K
$875K $868K
$880K $885K
$860K
$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
10
4
100%+
4+ bdrms
3
8
7
60%
6
3 bdrms
25
50%
4
33%
4 4
22%
2 bdrms
2
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
1
S-L RATIO SALES INVENTORY
2 3 150%
9 2 22%
10 5 50%
6 2 33%
5 3 60%
1 0 n/a
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