burnabynorth DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 56% SELLERS'MARKET
▶ MARKETSUMMARY Therewere59detachedlistingsinBurnabyNorthin December,26%belowNovemberand26%lowerthan December2020. Decemberdetachedhomesalesincreasedby3% month-over-month,to33,andwere27%below December2020. Thesales-to-listingratiofordetachedinBurnabyNorth, at56%,reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$1,988,888, a3%increasefromNovemberand29%aboveDecember 2020. Theaveragesoldpricewas$2,155,733,0.2%abovelast monthandup32%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 32% VS2020
▲ 28% VS2020
▼ 26% VS2020
▼ 27% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
33 59
45 80
32% 29% -0.6% -27% -26%
32 80
0.2% 3% 40% 3% -26%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,155,733 $1,988,888 56%
$2,150,391 $1,929,000 40%
$1,633,930 $1,545,000 56%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
154
161
157
2.57
17
121
100
2.32
105
2.15
80
76
80
66
84
53
67 67
45
45
59
38
48
33
34
32
30
27
1.24
22
1.17
1.15
$1.99M
$1.92M
$1.93M
$1.82M
$1.80M $1.80M
$1.80M
$1.81M
$1.78M
$1.70M
$1.68M
$1.55M
$1.50M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
100%+
15
10
53%
43%
5
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-LRATIO SALES INVENTORY
2 0 n/a
12 17 142%
15 8 53%
14 6 43%
16 2 13%
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
●
14
Made with FlippingBook - professional solution for displaying marketing and sales documents online