burnabysouth TOWNHOME-JANUARY 2023
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY Therewere29townhom elistingsin BurnabySouth in January,17% below D ecem berand 45% higherthan January2022. Januarytownhom esalesdecreased by55% m onth-over-m onth,to 5,and were62% below January 2022. Thesales-to-listing ratio fortow nhom esin Burnaby South,at17% ,reflected abalanced m arket. Thetownhom em edian pricein Januarywas$1,065,000, a17% changefrom D ecem berand 3% aboveJanuary 2022. Theaveragesold pricewas$1,023,500,5% abovelast m onth;theaveragePSF salepricewas$785,up 10% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 2% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▲ 3% VS 2022
▲ 45% VS 2022
▼ 62% VS 2022
THISMONTH No. $785 $1,023,500 $1,065,000 17% 5 29
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13 20
-73% -62% 45%
11 35
10% 5% 17% -45% -55% -17%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$801 $1,071,138 $1,030,000 65%
$714 $977,509 $907,000 31%
-2% -4% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JAN 202 ● JAN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
56
54
46
42
45
45
44
43
33
33
39
35
27
29
24
21
15
20
1
17
16
13
13
1
5
8
$1.11M $1.12M
$1.07M
$1.03M $997K $1.00M
$987K
$905K
$907K
$850K $883K $925K
$775K
BURNABYSOUTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
12
10
4+ bdrms
4
8
67%
3
3 bdrms
6
15
50%
4
2
2 bdrms
2
9
13%
0
<$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
3 2 67%
11 0 n/a
4 2 50%
8 1 13%
3 0 n/a
1
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