DETACHED JANUARY burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % UP
13 % DOWN
20 % UP
-
86 % UP
SELLER’S 21 %
There were 122 detached listings in the Burnaby South market area in January, 12% above last month but 13% lower vs January 2020. Detached sales increased by 8% month-over-month, to 26, and rose by 86% year-over-year. The sales-to-listings ratio decreased to 21%, as Burnaby South’s detached market reflected seller’s market conditions. The benchmark price in January was $1.60M, 1.1% above the previous month and a 7% increase vs last year. The average sold price for detached homes was $1.74M, 2% lower month-over-month but 20% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 109
% Change
No. 140
% Change
TOTAL LISTINGS
122
12%
-13% 86% 113%
TOTAL SALES
26
24
8%
14
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
21%
22%
-3%
10%
$1,596,400 $1,579,700 1.1% $1,493,000
7%
$1,741,743 $1,786,375
-2% $1,455,966
20%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.60
$1.58
$1.57
$1.56
$1.53
$1.49
$1.49
1.99
1.98
1.94
180
177
1.22
1.22
1.16
152
143
141
140
122
40
39
32
28
26
18
14
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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