burnabysouth CONDO-JULY 2021
SALESTO LISTINGSRATIO 39% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 5% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 3% VS2020
▲ 12% VS2020
▼ 12% VS2020
▲ 68% VS2020
Therewere320condolistingsinBurnabySouthinJuly, 9%belowJuneand12%lowerthanJuly2020.
Julycondosalesdecreasedby9%month-over-month,to 124,andwere68%aboveJuly2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 39% 137 353
%Change
Thesales-to-listingratioforcondosinBurnabySouth,at 39%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
39% 124 320
$764 $642,903 $587,000 20% 74 364
12% 91% 68% -12%
-9% -9%
ThecondomedianpriceinJulywas$658,950,a1.4% increasefromJuneand12%aboveJuly2020. Theaveragesoldpricewas$664,711,1.0%belowlast month;theaveragePSFsalepricewas$804,down1.8% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
-1.8% -1% 1.4% -0.2%
$804 $664,711 $658,950
$818 $671,461 $650,000
5% 3%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2020 ● JUL 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
420
456 450
353
408
337
364
353
320
333
314
31
301
188
137
100 98
101
157
124
133
124
74
92
86
81
$672K
$659K
$650K
$648K
$650K
$599K
$600K
$590K
$595K
$587K
$583K
$588K
$576K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100%
100
4+bdrms
80
10
60
3bdrms
53% 52%
39
40
75
23%
2bdrms
20
199
12%
8%
0
39
<$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
3 3 100%
79 42 53%
107 56 52%
83 19 23%
25 3 12%
13 1 8%
7 0 n/a
3 0 n/a
82
Copyright©August9,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofAugust9,2021.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 19 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online