burnabysouth CONDO-MAY 2021
SALESTO LISTINGSRATIO 39% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 11% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 6% VS2020
▲ 14% VS2020
▲ 33% VS2020
▲ 280% VS2020
Therewere337condolistingsinBurnabySouthinMay, 8%aboveApriland33%higherthanMay2020.
Maycondosalesdecreasedby15%month-over-month, to133,andwere280%aboveMay2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 50% 157 311
%Change
Thesales-to-listingratioforcondosinBurnabySouth,at 39%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
39% 133 337
$737 $642,757 $570,000 14% 35 254
186% 280% 33%
-0.5% 0.8% -0.3% -22% -15% 8%
ThecondomedianpriceinMaywas$648,000,a0.3% decreasefromApriland14%aboveMay2020. Theaveragesoldpricewas$678,570,0.8%abovelast month;theaveragePSFsalepricewas$815,up0.5%to lastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$815 $678,570 $648,000
$819 $672,969 $650,000
11% 6% 14%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2020 ● MAY 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
420
456
450
408
322
337
364
353
333
314
31
301
254
188
133
100
101
157
98
74
124
57
92
86
81
35
$672K
$650K
$648K
$599K
$600K
$595K
$590K
$595K
$587K
$583K
$588K
$576K
$570K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
120
4+bdrms
100
80
5
3bdrms
53%
35
60
47%
40
30%
93
2bdrms
17%
220
20
9%
0
35
<$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
11 1 9%
90 42 47%
125 66 53%
74 22 30%
19 0 n/a
12 2 17%
5 0 n/a
1 0 n/a
82
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