burnabynorth CONDO-DECEMBER 2021
SALESTO LISTINGSRATIO 70% SELLERS'MARKET
▶ MARKETSUMMARY Therewere145condolistingsinBurnabyNorthin December,30%belowNovemberand55%lowerthan December2020. Decembercondosalesdecreasedby19% month-over-month,to101,andwere11%above December2020. Thesales-to-listingratioforcondosinBurnabyNorth,at 70%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$692,500,a 8%increasefromNovemberand11%aboveDecember 2020. Theaveragesoldpricewas$703,755,5%abovelast month;theaveragePSFsalepricewas$842,up5%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 16% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 11% VS2020
▼ 55% VS2020
▲ 11% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 60% 124 208
%Change
TOTALLISTINGS TOTALSALES
70% 101 145
$729 $625,431 $625,000 28% 91 324
16% 13% 11% 148% 11% -55%
5% 5% 8% 17% -19% -30%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$842 $703,755 $692,500
$802 $668,827 $643,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
324
304
302
297
284
323
312
290
273 275
208
200
230
182
132 124
127
145
143
129
17
13 13
91
101
96
$693K
$665K
$650K
$655K
$650K
$644K
$625K
$617K
$613K
$612K
$615K
$598K
$559K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%+
4+bdrms
40
72%
67%
30
2
3bdrms
52%
12
20
36%
76
2bdrms
10
92
0
23
<$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 2 67%
47 34 72%
20 35 175%
48 25 52%
14 5 36%
7 0 n/a
5 0 n/a
1 0 n/a
41
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