burnabynorth DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere104 detachedlistingsin BurnabyN orth in O ctober,3% below Septem berand 9% higherthan October2022. O ctoberdetached hom esalesincreased by 44% m onth-over-m onth,to 26,and were8% aboveO ctober 2022. Thesales-to-listing ratio fordetached in Burnaby N orth, at25% ,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$1,890,000,a 8% decreasefrom Septem berand 7% below O ctober 2022. Theaveragesold pricewas$2,014,750,1.4% below last m onth and down 2% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 2% VS 2022
▼ 7% VS 2022
▲ 9% VS 2022
▲ 8% VS 2022
THISMONTH No. $2,014,750 $1,890,000 25% 26 104
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
24 95
8% 9%
$2,043,867 $2,065,000 17% 18 107
49% 44% -3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$2,064,174 $2,041,250 25%
-2% -7% -1%
-1.4% -8%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
104
107
92
90
95
87
86
85
2.78
87
87
86
85
2.63
79
42
1.99
35
31
26
26
18
24
31
22
1.43
19
18 18
10
1.12
1.11
$2.09M $2.05M $2.05M
$2.04M $1.96M
$1.96M $1.93M $1.89M
$1.95M $2.07M
$1.89M
$1.85M
$1.79M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
25
20
61%
15
10
23%
5
5%
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
28 17 61%
31 7 23%
21 1 5%
24 1 4%
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