burnabysouth CONDO -MARCH 2023
SALES TO LISTINGSRATIO 39% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 0.9% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 1.3% VS 2022
▲ 14% VS 2022
▼ 33% VS 2022
Therewere249 condolistingsin BurnabySouth in M arch,10% aboveFebruaryand 14% higherthan M arch 2022. M arch condosalesincreased by14% m onth-over-m onth, to96,and were33% below M arch 2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 65% 143 219
% Change
No.
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 39% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$917 $747,909 $749,900 39% 96 249
0.9% -3% -1.3% -41% -33% 14%
$930 $771,489 $727,950 37% 84 226
14% 10%
Thecondom edian pricein M arch was$749,900,a3% increasefrom Februaryand 1.3% below M arch 2022. Theaveragesold pricewas$747,909,3% below last m onth;theaveragePSF salepricewas$917,down 1.4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
3% 4%
$909 $773,321 $760,000
-1.4% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
280
264
299 298
259
283
249
226
257 248
219
203
196
143
1
101
84
84
17
78
96
76
66
88
71
33
$760K $750K
$720K $682K $712K
$710K $728K $750K
$695K $715K $710K
$664K $684K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
70
4+ bdrms
60
1
50
64%
4
59%
40
3 bdrms
37
30
40%
60
20
2 bdrms
143
10
9%
0
32
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
32 19 59%
70 45 64%
70 28 40%
46 4 9%
16 0 n/a
10 0 n/a
5 0 n/a
68
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