CONDO JANUARY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
0.4 % UP
85 % UP
75 % UP
SELLER’S 29 %
There were 329 condo listings in Burnaby North in January, 1.8% below December but 85% higher vs January 2020. January condo sales increased by 4% month-over- month, to 96, and were 75% above January 2020. The sales-to-listings ratio for condos in Burnaby North, at 29%, remained favourable to sellers. The condo benchmark price in January was $619,800, a 0.3% increase from December and 2% above January 2020. The average sold price was $597,449, 5% below last month; the average PSF sales price was $735, up 0.7% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 335
% Change
No. 178
% Change
TOTAL LISTINGS
329
-1.8%
85% 75% -6%
TOTAL SALES
96
92
4% 6%
55
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
29%
27%
31%
$619,800 $617,700 $597,449 $625,641
0.3% $606,900 -5% $622,159
2%
-4%
$735
$730
0.7%
$732
0.4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$606,900 $616,300 $623,500 $610,900 $613,400 $611,100 $619,800
429
411
357
329
268
252
178
111
96
86
85
71
55
48
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
31
55
2 bdrms
209
38
<2 bdrms
. . . . 0 0 0 0 QD QD
89
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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