burnabysouth TOWNHOME-FEBRUARY 2023
SALES TO LISTINGSRATIO 41% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 2% VS 2022
▼ 1.7% VS 2022
▲ 3% VS 2022
▼ 18% VS 2022
Therewere34townhom elistingsin BurnabySouth in February,17% aboveJanuaryand 3% higherthan February2022. Februarytownhom esalesincreased by180% m onth-over-m onth,to14,and were18% below February 2022. Thesales-to-listing ratio fortow nhom esin Burnaby South,at41% ,reflected aselers'm arket. Thetownhom em edian pricein Februarywas$980,400,a 8% decreasefrom Januaryand 1.7% below February 2022. Theaveragesold pricewas$1,086,356,6% abovelast m onth;theaveragePSF salepricewas$820,up 5% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14 34
17 33
2% -2% -1.7% -20% -18% 3%
$785 $1,023,500 $1,065,000 17% 5 29
139% 180% 17%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$820 $1,086,356 $980,400 41%
$804 $1,112,481 $997,000 52%
5% 6% -8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
56
54
46
42
45
45
44
43
33
39
34
35
27
33
24
29
21
15
14
1
17
16
13
5
1
8
$1.11M $1.12M
$1.07M
$997K $1.00M
$987K
$980K
$905K
$907K
$850K $883K $925K
$775K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
12
3
4+ bdrms
10
2
75%
8
7
60%
3 bdrms
19
6
33%
4
4
25%
2 bdrms
20%
12
2
0
<$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
3 1 33%
10 6 60%
4 3 75%
12 3 25%
5 1 20%
1
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