burnabysouth DETACHED-DECEMBER 2021
SALESTO LISTINGSRATIO 58% SELLERS'MARKET
▶ MARKETSUMMARY Therewere66detachedlistingsinBurnabySouthin December,34%belowNovemberand42%lowerthan December2020. Decemberdetachedhomesalesdecreasedby31% month-over-month,to38,andwere58%above December2020. Thesales-to-listingratiofordetachedinBurnabySouth, at58%,reflectedaselers'market. ThedetachedmedianpriceinDecemberwas$2,044,000, a2%increasefromNovemberand30%aboveDecember 2020. Theaveragesoldpricewas$2,210,945,2%abovelast monthandup25%toDecember2020.
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 25% VS2020
▲ 30% VS2020
▼ 42% VS2020
▲ 57% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
38 66
$1,764,708 $1,575,000 21% 24 114
25% 30% 173% 58% -42%
$2,162,902 $2,000,000 55% 55 100
-31% -34%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$2,210,945 $2,044,000 58%
2% 2% 5%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
201
212
189
169
2.50
148
164
128
153
120
2.15
2.05
14
100
120
71
62
55
52
44
40
66
38
1.39
48
1.30
39
38
24
31
26
1.13
$2.04M
$2.02M
$2.00M
$1.91M
$1.86M
$1.83M
$1.77M $1.70M
$1.78M
$1.75M
$1.73M
$1.62M
$1.58M
Dec-20
Nov-21
Dec-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
25
100%+
89%
20
80%
15
54%
10
23%
5
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
0 1 n/a
3 4 133%
15 12 80%
9 8 89%
13 7 54%
26 6 23%
Copyright©January10,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJanuary10,202.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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