burnabynorth DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 48% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2020
▲ 28% VS2020
▲ 67% VS2020
▲ 443% VS2020
Therewere157detachedlistingsinBurnabyNorthin April,34%aboveMarchand67%higherthanApril2020. Aprildetachedhomesalesincreasedby15% month-over-month,to76,andwere443%aboveApril 2020. Thesales-to-listingratiofordetachedinBurnabyNorth, at48%,reflectedaseler'smarket.
THISMONTH No. $1,877,865 $1,795,000 48% 76 157
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
14 94
225% 443% 67%
$1,894,889 $1,800,000 56% 66 117
15% 34%
ThedetachedmedianpriceinAprilwas$1,795,000,a 0.3%decreasefromMarchand28%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
-0.9% -0.3% -14%
$1,480,464 $1,406,250 15%
Theaveragesoldpricewas$1,877,865,0.9%belowlast monthanddown27%toApril2020.
27% 28%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
157
136
132
128
125
17
2.35
127
2.24
10
94
99
1.90
76
66
80
58
67 67
45
31
49
1.38
45
44
1.31
36
34
1.18
14
22
16
$1.80M $1.80M
$1.80M
$1.60M
$1.60M
$1.57M
$1.56M
$1.55M
$1.53M
$1.50M
$1.49M
$1.41M
$1.37M
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
70
100%
60
50
70%
40
61%
30
34%
20
22%
14%
10
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
1 0 n/a
1 1 100%
18 11 61%
64 45 70%
32 11 34%
27 6 22%
14 2 14%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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