DETACHED JANUARY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
35 % DOWN
8 % DOWN
15 % UP
-
SELLER’S 31 %
The number of detached listings in Burnaby North in January, at 72, was 14% lower month-over-month and 35% lower year-over-year. With 22 in January, detached sales were 51% below last month and 8% below last year. The sales-to-listings ratio decreased to 31%, as Burnaby North’s detached market remained favour- able to sellers. The benchmark price in January was $1.55M, 0.6% above December and 9% above January 2020. The average sold price was $1.70M, up 4% from the previous month and 15% above January 2020.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 110
% Change
TOTAL LISTINGS
72 22
84 45
-14% -51% -43%
-35% -8% 40%
TOTAL SALES
24
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
31%
54%
22%
$1,546,200 $1,536,300 0.6% $1,415,800
9%
$1,704,836 $1,633,930
4% $1,476,146
15%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.55
$1.52
$1.50
$1.48
$1.47
$1.45
$1.42
2.05
2.04
1.97
147
142
140
1.22
1.22
1.19
112
111
110
72
49
44
36
31
24
16
22
Jan-20
Dec-20
Jan-21
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES
TOTAL INVENTORY
S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD
S-L RATIO SALES INVENTORY
Copyright © 2021 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 3, 2021. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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