burnabynorth CONDO-JULY 2021
SALESTO LISTINGSRATIO 37% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 5% VS2020
▲ 10% VS2020
▼ 11% VS2020
▲ 33% VS2020
Therewere304condolistingsinBurnabyNorthinJuly, 5%aboveJuneand11%lowerthanJuly2020.
Julycondosalesremainedthesame0month-over-month, to113,andwere33%aboveJuly2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 39% 113 290
%Change
Thesales-to-listingratioforcondosinBurnabyNorth,at 37%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
37% 113 304
$711 $599,222 $560,000 25% 85 343
10% 50% 33% -11%
0% 5%
ThecondomedianpriceinJulywas$615,000,a0.3% decreasefromJuneand10%aboveJuly2020. Theaveragesoldpricewas$631,158,0.7%belowlast month;theaveragePSFsalepricewas$761,down0.2% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
0.2% -0.7% -0.3% -5%
$761 $631,158 $615,000
$759 $635,395 $617,000
7% 5%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
379
414
407
400
323
312
343
284
304
324
273
290
182 275
201
10
102
143
13
129
13
85
97
96
91
87
$649K
$625K
$617K
$608K
$613K
$612K
$615K
$598K
$587K
$590K
$582K
$560K
$559K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
4+bdrms
88%
80
5
60
57%
3bdrms
20
40
38%
28%
77
2bdrms
20
212
0
31
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
8 7 88%
81 46 57%
100 38 38%
79 22 28%
19 0 n/a
7 0 n/a
8 0 n/a
2 0 n/a
72
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 16 ●
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