burnabysouth CONDO -JULY 2023
SALES TO LISTINGSRATIO 36% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 12% VS 2022
▲ 10% VS 2022
▼ 14% VS 2022
▲ 6% VS 2022
Therewere257 condolistingsin BurnabySouth in July, 1.2% aboveJuneand 14% lowerthan July2022.
Julycondosalesdecreased by20% m onth-over-m onth,to 93,and were6% aboveJuly2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No. 46% 116 254
% Change
Thesales-to-listing ratio forcondosin BurnabySouth,at 36% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$977 $825,959 $780,000 36% 93 257
$893 $739,071 $710,000 30% 88 298
10% 12% 10% 23% 6% -14%
-3% 2% -0.5% -21% -20% 1.2%
Thecondom edian pricein Julywas$780,000,a0.5% decreasefrom Juneand 10% aboveJuly2022. Theaveragesold pricewas$825,959,2% abovelast m onth;theaveragePSF salepricewas$977,down 3% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$1,009 $808,357 $783,900
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 202 ● JUL 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
298
264
259
254
249
257
257
248
245
242
226
203
161
196
149
84
84
16
78
76
93
88
66
96
71
33
$840K
$743K $784K $780K
$710K $720K $682K $712K $664K $684K
$710K $728K $750K
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
93%
80
60
14
3 bdrms
51%
36
40
31%
55
24%
21%
2 bdrms
20
169
13%
0
24
<$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
14 13 93%
74 38 51%
94 23 24%
45 14 31%
19 4 21%
8 1 13%
3 0 n/a
52
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