burnabysouth CONDO -AUGUST 202
SALES TO LISTINGSRATIO 33% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere257 condolistingsin BurnabySouth in August,14% below Julyand 20% lowerthan August 2021. Augustcondosalesdecreased by5% m onth-over-m onth, to84,and were32% below August2021.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 5% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 9% VS 2021
▼ 20% VS 2021
▼ 32% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 38% 123 320
% Change
No.
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 33% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$902 $750,799 $720,000 33% 84 257
-15% -32% -20%
$893 $739,071 $710,000 30% 88 298
1% 1.6% 1.4% 11% -5% -14%
Thecondom edian pricein Augustwas$720,000,a1.4% increasefrom Julyand 9% aboveAugust2021. Theaveragesold pricewas$750,799,1.6% abovelast m onth;theaveragePSF salepricewas$902,up 1.0% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$859 $717,059 $661,500
5% 5% 9%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 2021 ● AUG 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
320
299
298
322
280
283
257
217
248
219
159
147
143
180
164
1
123
101
136
133
126
17
15
107
84
88
$725K $740K $725K $760K $750K
$695K $715K $710K $720K
$662K $657K $660K $670K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
100
4+ bdrms
1
80
60
6
3 bdrms
56%
32
40
40%
30%
57
2 bdrms
18%
20
14%
170
0
21
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
0 1 n/a
36 20 56%
96 29 30%
68 27 40%
35 5 14%
11 2 18%
8 0 n/a
3 0 n/a
54
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