burnabysouth DETACHED -JULY 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2021
▼ 6% VS 2021
▼ 32% VS 2021
▼ 53% VS 2021
Therewere112 detachedlistingsin BurnabySouth in July,8% below Juneand 32% lowerthan July2021. July detached hom esalesdecreased by 24% m onth-over-m onth,to19,and were53% below July 2021. Thesales-to-listing ratio fordetached in Burnaby South, at17% ,reflected abalanced m arket.
THISMONTH No. $1,984,621 $1,900,000 17% 19 112
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$2,077,662 $2,025,000 24% 40 164
-30% -53% -32%
$2,047,604 $1,887,500 20% 25 122
-3% 0.7% -17% -24% -8%
Thedetachedm edian pricein Julywas$1,900,000,a 0.7% increasefrom Juneand 6% below July2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,984,621,3% below last m onth and down 4% toJuly2021.
-4% -6%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
164
148
153
128
125 122
2.22
2.21
2.15
12
12
100
1
76
80 41
55
66
44
38
38
1.39
40
25
1.24
38
1.19
32
31
19
28
24
$2.46M
$2.21M $2.21M $2.17M
$2.02M $1.91M
$2.00M $2.04M $1.93M
$1.89M $1.90M
$1.73M $1.83M
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
60%
20
33%
21%
10
4%
4%
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 3 60%
42 9 21%
15 5 33%
24 1 4%
26 1 4%
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