burnabysouth DETACHED -AUGUST 202
SALES TO LISTINGSRATIO 19% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2021
▲ 11% VS 2021
▼ 32% VS 2021
▼ 47% VS 2021
Therewere104 detachedlistingsin BurnabySouth in August,-7% below Julyand 32% lowerthan August2021. Augustdetached hom esalesincreased by5% m onth-over-m onth,to20,and were47% below August 2021. Thesales-to-listing ratio fordetached in Burnaby South, at19% ,reflected abalanced m arket.
THISMONTH No. $2,311,640 $2,127,000 19% 20 104
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,100,609 $1,910,000 25% 38 153
10% 11% -23% -47% -32%
$1,984,621 $1,900,000 17% 19 112
16% 12% 13% 5% -7%
Thedetachedm edian pricein Augustwas$2,127,000,a 12% increasefrom Julyand 11% aboveAugust2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,311,640,16% abovelast m onth and up 10% toAugust2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
153
148
128
125 122
2.30
12
2.20
2.15
100
104
12
1
76
80
55
66
44
41
38
1.31
1.28
38
1.24
25
38
32
31
20
28
24
19
$2.46M
$2.21M $2.21M $2.17M
$2.13M
$2.04M $1.93M
$1.91M
$1.89M $1.90M
$1.83M $2.00M
$1.73M
Aug.-21
Jul.-22
Aug.-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
20
10
22%
22%
20%
16%
15%
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
5 1 20%
36 8 22%
19 3 16%
18 4 22%
26 4 15%
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