burnabysouth DETACHED -JULY 2023
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2022
▲ 7% VS 2022
▼ 7% VS 2022
▲ 26% VS 2022
Therewere104 detachedlistingsin BurnabySouth in July,7% aboveJuneand 7% lowerthan July2022. July detached hom esalesrem ained thesam e m onth-over-m onth,at24,and were26% aboveJuly 2022. Thesales-to-listing ratio fordetached in Burnaby South, at23% ,reflected aselers'm arket.
THISMONTH No. $2,041,492 $2,040,000 23% 24 104
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,984,621 $1,900,000 17% 19 112
36% 26% -7%
24 97
0% 7%
Thedetachedm edian pricein Julywas$2,040,000,a 2.0% increasefrom Juneand 7% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,055,146 $2,000,500 25%
-0.7% 2% -7%
Theaveragesold pricewas$2,041,492,0.7% below last m onth and up 3% toJuly2022.
3% 7%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
106
12
97
104
109
104
2.53
80
79
90
74
2.15
73
70
66
39
35
1.631.60
21
20
24
16
19
24
1.24
16
14
12
12 12
1.01
$2.23M
$2.19M
$2.13M
$2.00M $2.00M $2.04M
$1.90M
$1.91M
$1.76M
$1.71M $1.74M $1.85M $1.85M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
25
20
67%
15
45%
36%
10
16%
5
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
3 2 67%
25 9 36%
20 9 45%
25 4 16%
31 0 n/a
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