burnabynorth CONDO -JULY 2023
SALES TO LISTINGSRATIO 32% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2022
▲ 1.8% VS 2022
▲ 12% VS 2022
▲ 36% VS 2022
Therewere338 condolistingsin BurnabyN orth in July, 13% aboveJuneand 12% higherthan July2022.
Julycondosalesdecreased by10% m onth-over-m onth,to 109,and were36% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 40% 121 299
% Change
Thesales-to-listing ratio forcondosin Burnaby N orth,at 32% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
32% 109 338
$867 $686,398 $671,000 27% 80 301
3% 8% 1.8% 21% 36% 12%
-4% -1.8% -6% -20% -10% 13%
Thecondom edian pricein Julywas$683,000,a6% decreasefrom Juneand 1.8% aboveJuly2022. Theaveragesold pricewas$738,553,1.8% below last m onth;theaveragePSF salepricewas$896,down 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$896 $738,553 $683,000
$933 $751,752 $730,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
338
301
287
301
268
264
299
253
270
257
251
245
218
120
121
12
92
88
109
82
16
80
50
58
52
44
$730K $683K
$692K $704K $667K $707K $661K $708K
$680K $696K
$671K $676K $651K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
120
4+ bdrms
100
80
6
3 bdrms
60
35
42%
40%
36%
40
68
25%
2 bdrms
18%
194
20
0
35
<$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
73 26 36%
117 47 40%
92 23 25%
26 11 42%
11 2 18%
13 0 n/a
6 0 n/a
109
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