burnabynorth TOWNHOME-JULY 2023
SALES TO LISTINGSRATIO 48% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▼ 6% VS 2022
▼ 24% VS 2022
▲ 75% VS 2022
Therewere29 townhom elistingsin BurnabyN orth in July,6% below Juneand 24% lowerthan July2022. Julytownhom esalesdecreased by33% m onth-over-m onth,to14,and were75% aboveJuly 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at48% ,reflected aselers'm arket. Thetownhom em edian pricein Julywas$914,950,a10% increasefrom Juneand 6% below July2022. Theaveragesold pricewas$921,100,8% abovelast m onth;theaveragePSF salepricewas$721,up 13% to lastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14 29
$668 $884,500 $969,000 21% 8 38
8% 4% -6% 129% 75% -24%
21 31
13% 8% 10% -29% -33% -6%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$721 $921,100 $914,950 48%
$639 $853,562 $830,000 68%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
38
34 34
39
33
36
29
31
31
31
25 25 25
23
17
21
12
15
14
12
1
8
8
7
5
$969K
$915K
$880K $885K $900K
$875K $868K
$790K $830K
$770K $748K $775K
$748K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
1
8
4+ bdrms
5
80%
6
67%
7
57%
3 bdrms
15
4
33%
5
2 bdrms
20%
2
6
0
1
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
3
S-L RATIO SALES INVENTORY
3 2 67%
5 4 80%
9 3 33%
7 4 57%
5 1 20%
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