burnabysouth CONDO-DECEMBER 2021
SALESTO LISTINGSRATIO 79% SELLERS'MARKET
▶ MARKETSUMMARY Therewere159condolistingsinBurnabySouthin December,27%belowNovemberand55%lowerthan December2020. Decembercondosalesdecreasedby5% month-over-month,to126,andwere25%above December2020. Thesales-to-listingratioforcondosinBurnabySouth,at 79%,reflectedaselers'market. ThecondomedianpriceinDecemberwas$725,250,a 8%increasefromNovemberand23%aboveDecember 2020. Theaveragesoldpricewas$779,534,8%abovelast month;theaveragePSFsalepricewas$936,up10%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 28% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 23% VS2020
▲ 23% VS2020
▼ 55% VS2020
▲ 25% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 29% 101 353
%Change
No. 61% 133 217
%Change
TOTALLISTINGS TOTALSALES
79% 126 159
28% 23% 23% 177% 25% -55%
10% 8% 8% 29% -5% -27%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$936 $779,534 $725,250
$855 $721,047 $669,900
$733 $631,499 $589,800
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
337
353
353
322
333
320
320
314
301 31
217
248
188
147
137
159 126
123
157
133
133
101
124
123
15
86
$725K
$672K
$670K
$658K
$662K
$657K
$660K
$650K
$648K
$650K
$595K
$600K
$590K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
100%
100%+
98%
4+bdrms
2
40
74%
65%
5
30
3bdrms
24
42%
20
83
2bdrms
10
102
11%
0
38
<$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
1 1 100%
21 25 119%
51 50 98%
46 30 65%
19 14 74%
12 5 42%
9 1 11%
31
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