burnabynorth TOWNHOME-APRIL 2021
SALESTO LISTINGSRATIO 94% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 28% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 8% VS2020
▼ 1.8% VS2020
▲ 1175% VS2020
Therewere54townhomelistingsinBurnabyNorthin April,4%belowMarchand-1.8%lowerthanApril2020. Apriltownhomesalesdecreasedby1.9% month-over-month,to51,andwere1175%aboveApril 2020. Thesales-to-listingratiofortownhomesinBurnaby North,at94%,reflectedaseler'smarket. ThetownhomemedianpriceinAprilwas$800,000,a4% increasefromMarchand8%aboveApril2020. Theaveragesoldpricewas$821,330,4%abovelast month;theaveragePSFsalepricewas$629,up0.4%to lastmonth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
51 54
$486 $729,500 $739,000 7% 4 55
1,199% 1,175% -1.8%
52 56
0.4% 4% 4% 1.7% -1.9% -4%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$629 $821,330 $800,000 94%
$626 $787,979 $767,500 93%
29% 13% 8%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
66
69
61
56
55
54
53
55
57
51
54
52
49
35
27
35
25
25
15
22
21
18
14
12 13
4
$818K
$800K
$768K
$768K
$761K
$749K
$739K
$725K
$718K
$697K
$683K
$660K
$638K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
20
8 8
100%+
100%
100%+
4+bdrms
15
73%
24
3bdrms
10
25
17
25%
5
2bdrms
21
0
2
<$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 0 n/a
11 8 73%
11 17 155%
19 19 100%
4 6 150%
4 1 25%
4 0 n/a
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 15 ●
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