burnabysouth TOWNHOME-JULY 2021
SALESTO LISTINGSRATIO 37% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 1.7% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 21% VS2020
▲ 25% VS2020
▲ 3% VS2020
▲ 178% VS2020
Therewere68townhomelistingsinBurnabySouthin July,9%belowJuneand3%higherthanJuly2020. Julytownhomesalesdecreasedby22% month-over-month,to25,andwere178%aboveJuly 2020. Thesales-to-listingratiofortownhomesinBurnaby South,at37%,reflectedaseler'smarket. ThetownhomemedianpriceinJulywas$915,000,a12% increasefromJuneand25%aboveJuly2020. Theaveragesoldpricewas$898,074,4%abovelast month;theaveragePSFsalepricewas$657,up0.9%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
25 68
$646 $742,722 $730,000 14% 9 66
1.7% 21% 25% 170% 178% 3%
32 75
0.9% 4% 12% -14% -22% -9%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$657 $898,074 $915,000 37%
$652 $861,975 $820,000 43%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
76
74
67
75
68
63 63
66
69
67
67
54
60
56
32
39
27 26
32
25
19
18
20
19
18
9
$915K
$879K
$875K
$853K
$837K
$820K
$800K
$800K
$787K
$778K
$768K
$730K
$735K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
4
4+bdrms
20
9
15
11
60%
57%
3bdrms
52%
21
10
10
2bdrms
5
17%
14%
33
0
<$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
1 0 n/a
7 4 57%
14 2 14%
23 12 52%
10 6 60%
6 1 17%
6 0 n/a
1 0 n/a
5
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 18 ●
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