burnabynorth DETACHED -JULY 202
SALES TO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 21% VS 2021
▲ 15% VS 2021
▲ 0.8% VS 2021
▼ 38% VS 2021
Therewere122 detachedlistingsin BurnabyN orth in July,-7% below Juneand 0.8% higherthan July2021. July detached hom esalesincreased by 27% m onth-over-m onth,to28,and were38% below July 2021. Thesales-to-listing ratio fordetached in Burnaby N orth, at23% ,reflected aselers'm arket.
THISMONTH No. $2,258,417 $2,082,500 23% 28 122
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,870,564 $1,810,000 37% 45 121
21% 15% -38% -38% 0.8%
$2,271,718 $2,044,500 17% 22 131
37% 27% -7%
Thedetachedm edian pricein Julywas$2,082,500,a 1.9% increasefrom Juneand 15% aboveJuly2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$2,258,417,0.6% below last m onth and up 21% toJuly2021.
-0.6% 1.9%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
131
18
122
121
100
2.38
105
87
80
2.15
93
2.02
84
64
45
61
59
38
37
47
30
1.46
1.44
40
28
1.32
32 33
30
27
22
17
$2.30M $2.17M $2.12M
$2.13M $2.20M $2.04M $2.08M
$1.93M $1.99M
$1.81M $1.70M $1.68M $1.82M
Jul-21
Jun-22
Jul-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
40
30
20
40%
28%
24%
10
18%
13%
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
5 2 40%
43 12 28%
34 8 24%
17 3 18%
23 3 13%
Copyright© August4,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofAugust4,202 .Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online