the rennie review - January 2021

TOWNHOME - DECEMBER 2020 burnaby south

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 4 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

12 % UP

5 % DOWN

19 % UP

36 % UP

SELLER’S 34 %

Townhome listings in the Burnaby South market area in December (at 56) were down 19% from last month but 19% above last year. The 19 townhome sales were 6% higher month-over- month and 36% above December 2019. The sales-to-listings ratio increased to 34%, as Burnaby South’s townhome market remained in seller’s market territory. The benchmark price in December was $796,600, 0.9% lower month-over-month but 4% higher year-over-year. The average sold price was $804,784 (3% above November) with an average PSF sales price of $645 (up 0.5% vs November).

VS 2019

VS 2019

VS 2019

VS 2019

VS 2019

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

56 19

69 18

-19%

47 14

19% 36% 14% -5% 12% 4%

TOTAL SALES

6%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

34%

26%

30%

30%

$796,600 $803,600 $804,784 $778,288

-0.9% $763,500 3% $844,554

$645

$642

0.5%

$575

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$805,600 $796,600

$763,500 $774,200 $780,900 $790,200 $802,400

70

69

56

50

49

47

43

26

19

19

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

4







12

3 bdrms



22







6



<3 bdrms

. . . . 0 0 0 0 QD    QD QD QD QD                

30

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 January 6, 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.

18

Made with FlippingBook - professional solution for displaying marketing and sales documents online