burnabynorth TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 150% SELLERS'MARKET
▶ MARKETSUMMARY Therewere12townhomelistingsinBurnabyNorthin December,54%belowNovemberand66%lowerthan December2020. Decembertownhomesalesdecreasedby22% month-over-month,to18,andwere28%below December2020. Thesales-to-listingratiofortownhomesinBurnaby North,at150%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas$856,500, a14%increasefromNovemberand19%aboveDecember 2020. Theaveragesoldpricewas$918,639,18%abovelast month;theaveragePSFsalepricewas$669,down0.7% tolastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 22% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 24% VS2020
▲ 19% VS2020
▼ 66% VS2020
▼ 28% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
18 12
25 35
110% -28% -66%
23 26
-0.7% 18% 14% 70% -22% -54%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$669 $918,639 $856,500 150%
$548 $739,595 $718,000 71%
$673 $778,304 $750,000 88%
22% 24% 19%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
64
56
55
54
54
57
52
51
38
37
34
33
40
35
35
26
25
33
25
24
23
18
18
18
14
12
$919K
$896K
$857K
$847K
$818K
$800K
$789K
$775K
$768K
$761K
$750K
$750K
$718K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
8
1 1
100%+ 100%+
4+bdrms
6
10
3bdrms
6
4
50%
7
2
2bdrms
5
0
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
3 0 n/a
2 8 400%
3 5 167%
0 4 n/a
2 0 n/a
2 1 50%
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