burnabynorth TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 33% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere24 townhom elistingsin BurnabyN orth in January,nochangetoD ecem berand 33% higherthan January2022. Januarytownhom esalesincreased by14% m onth-over-m onth,to 8,and were27% below January 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at33% ,reflected aselers'm arket. Thetownhom em edian pricein Januarywas$747,500,a 14% changefrom D ecem berand 15% below January 2022. Theaveragesold pricewas$806,688,9% below last m onth;theaveragePSF salepricewas$680,up 13% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 12% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 7% VS 2022
▼ 15% VS 2022
▲ 33% VS 2022
▼ 27% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$680 $806,688 $747,500 33% 8 24
11 18
-12% -7% -15% -45% -27% 33%
$600 $888,929 $868,000 29% 7 24
13% -9% -14% 14% 14% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$770 $864,736 $883,000 61%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
38
35
39
33
36
29
31
25
23
24
24
17
17
15
18
12
17
16
1
12
12
8
8
7
5
$969K
$950K $989K $978K
$883K $905K
$875K $868K
$860K
$770K $748K $775K
$748K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
7
1
4+ bdrms
6
2
5
4
4
57%
3 bdrms
18
3
33%
2
2
2 bdrms
14%
4
1
0
1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
0 1 n/a
7 4 57%
7 1 14%
6 2 33%
3 0 n/a
1 0 n/a
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