burnabysouth DETACHED-APRIL 2021
SALESTO LISTINGSRATIO 31% SELLER'SMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 27% VS2020
▲ 22% VS2020
▲ 56% VS2020
▲ 675% VS2020
Therewere201detachedlistingsinBurnabySouthin April,19%aboveMarchand56%higherthanApril2020. Aprildetachedhomesalesdecreasedby13% month-over-month,to62,andwere675%aboveApril 2020. Thesales-to-listingratiofordetachedinBurnabySouth, at31%,reflectedaseler'smarket.
THISMONTH No. $2,007,949 $1,779,000 31% 62 201
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$1,586,816 $1,462,500 6% 8 128
394% 675% 57%
$1,924,096 $1,770,000 42% 71 169
4% 0.5% -27% -13% 19%
ThedetachedmedianpriceinAprilwas$1,779,000,a 0.5%increasefromMarchand22%aboveApril2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
Theaveragesoldpricewas$2,007,949,4%abovelast monthandup27%toApril2020.
27% 22%
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
201
175
169
168
166
155
2.12
169
2.09
1.91
120
128
135
125
120
14
71
62
1.31
40 41
39
1.25
1.25
26
24
48
18
26
26
24
8
$1.78M
$1.77M $1.70M
$1.63M
$1.62M
$1.60M
$1.60M
$1.57M
$1.58M
$1.51M
$1.48M
$1.49M
$1.46M
Apr-20
Mar-21
Apr-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELER'SMARKET 21%+
BALANCED 12-20%
BUYER'SMARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
80
70
60
50
40
49%
30
38%
20
19%
18%
16%
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
16 6 38%
76 37 49%
45 8 18%
32 5 16%
32 6 19%
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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