burnabynorth CONDO-APRIL 2021
SALESTO LISTINGSRATIO 66% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 15% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 10% VS2020
▲ 15% VS2020
▲ 13% VS2020
▲ 858% VS2020
Therewere275condolistingsinBurnabyNorthinApril, 0.7%aboveMarchand13%higherthanApril2020.
Aprilcondosalesdecreasedby9%month-over-month,to 182,andwere858%aboveApril2020.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 8% 19 243
%Change
No. 74% 201 273
%Change
Thesales-to-listingratioforcondosinBurnabyNorth,at 66%,reflectedaseler'smarket.
TOTALLISTINGS TOTALSALES
66% 182 275
746% 858% 13%
0.1% -4% -6% -10% -9% 0.7%
ThecondomedianpriceinAprilwas$613,000,a6% decreasefromMarchand15%aboveApril2020. Theaveragesoldpricewas$635,244,4%belowlast month;theaveragePSFsalepricewas$788,down0.1% tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$788 $635,244 $613,000
$788 $664,108 $649,000
$688 $577,184 $534,000
15% 10% 15%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● APR 2020 ● APR 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
379
414
407
400
323
312
343
324
273
275
293
243
201
245
182
10
102
85
129
48
97
96
87 91
63
19
$649K
$625K
$608K
$613K
$598K
$587K
$590K
$582K
$560K
$559K
$534K
$530K
$525K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
100%+
4+bdrms
80
76% 73%
60
10
60%
3bdrms
22
40
40%
109
25%
2bdrms
20
14%
188
0
65 63
<$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
13 17 131%
92 70 76%
90 66 73%
57 23 40%
14 2 14%
5 3 60%
4 1 25%
Copyright©May1,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay1,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 16 ●
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