burnabynorth DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.6% VS 2021
▲ 3% VS 2021
▲ 4% VS 2021
▼ 7% VS 2021
Therewere109 detachedlistingsin BurnabyN orth in August,11% below Julyand 4% higherthan August2021. Augustdetached hom esalesdecreased by11% m onth-over-m onth,to 25,and were7% below August 2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at23% ,reflected aselers'm arket.
THISMONTH No. $1,872,272 $1,750,000 23% 25 109
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,842,621 $1,700,000 26% 27 105
1.6% 3% -11% -7% 4%
$2,258,417 $2,082,500 23% 28 122
-17% -16% -0.1% -11% -11%
Thedetachedm edian pricein Augustwas$1,750,000,a 16% decreasefrom Julyand 3% aboveAugust2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,872,272,17% below last m onth and up 1.6% toAugust2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
122
18
109
100
105
2.27
2.27
87
2.15
80
93
84
64
47
61
59
38
37
1.44
30
28
40
27
33
25
32
30
1.15
22
1.14
17
$2.30M $2.17M $2.12M
$2.13M $2.20M $2.04M $2.08M
$1.93M $1.99M
$1.75M
$1.70M $1.68M $1.82M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
67%
20
50%
10
19%
7%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
3 2 67%
30 15 50%
36 7 19%
15 1 7%
25 0 n/a
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