burnabysouth TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere40townhom elistingsin BurnabySouth in M arch,18% aboveFebruaryand 5% lowerthan M arch 2022. M arch townhom esalesrem ained thesam e m onth-over-m onth,at14,and were58% below M arch 2022. Thesales-to-listing ratio fortow nhom esin Burnaby South,at35% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$955,000,a 3% decreasefrom Februaryand 5% below M arch 2022. Theaveragesold pricewas$1,060,071,2% below last m onth;theaveragePSF salepricewas$783,down 5% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 2% VS 2022
▼ 5% VS 2022
▼ 5% VS 2022
▼ 58% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14 40
33 42
-10% -2% -5% -55% -58% -5%
14 34
-5% -2% -3% -15% 0% 18%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$783 $1,060,071 $955,000 35%
$869 $1,082,180 $1,005,000 79%
$820 $1,086,356 $980,400 41%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
56
54
46
42
45
45
44
40
43
39
33
35
27
34
24
29
21
15
14
1
14
16
13
5
1
8
$1.11M $1.12M
$1.07M
$1.00M
$987K $907K
$980K $955K
$905K
$883K $925K
$850K
$775K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
10
3
4+ bdrms
6
8
75%
5
6
3 bdrms
18
43%
4
33%
6
2 bdrms
17%
12
2
10%
0
<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
7 3 43%
8 6 75%
6 1 17%
10 1 10%
9 3 33%
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