TOWNHOME AUGUST burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE 2 % UP
BENCHMARK PRICE 5 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
36 % DOWN
17 % DOWN
0.6 % UP
SELLER’S 28 %
Townhome listings in the Burnaby South market area in August (at 67) were up 5% from last month but 36% below last year. The 19 townhome sales were 111% higher month- over-month but 17% below August 2019. The sales-to-listings ratio increased to 28%, as Burnaby South’s townhome market transitioned to seller’s market territory. The benchmark price in August was $802,400, 0.4% higher month-over-month and 5% higher year-over-year. The average sold price was $818,295 (10% above July) with an average PSF sales price of $586 (down 9% vs July).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 104
% Change
TOTAL LISTINGS
67 19
64
5%
-36% -17% 28%
TOTAL SALES
9
111% 102%
23
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
14%
22%
$802,400 $799,200 $818,295 $742,722
0.4% $767,000 10% $813,743
5%
0.6%
$586
$646
-9%
$574
2%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$767,000 $776,600 $763,500 $774,200 $780,900 $790,200 $802,400
104
84
67
49
48
47
42
23
19
18
13
14
12
9
BURNABY SOUTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
4+ bdrms
BUYER'S MARKET
7
12
3 bdrms
32
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
28
S-L RATIO SALES INVENTORY
Copyright © 2020 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 September 3, 2020. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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