DETACHED - FEBRUARY 2020 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
44 % DOWN
17 % UP
-
26 % UP
SELLER’S 23 %
The number of detached listings in Burnaby North in February, at 105, was 0.9% lower month-over- month and 44% lower year-over-year. With 24 in February, detached sales were unchanged month-over-month and 5 above last year. The sales-to-listings ratio remained at 23%, as Burnaby North’s detached market was balanced. The benchmark price in February was $1.42M, relatively unchanged from January and 1.3% above February 2019. The average sold price was $1.84M, up 25% from the previous month and 17% above February 2019.
VS 2019
VS 2019
VS 2019
VS 2019
VS 2019
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 106
% Change
No. 187
% Change
TOTAL LISTINGS
105
-0.9% 0.0% 1.0%
-44% 26% 125%
TOTAL SALES
24
24
19
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
23%
10%
$1,418,400 $1,416,400 0.1% $1,400,800 1.3%
$1,838,826 $1,476,146
25% $1,565,105
17%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.42
$1.40
$1.40
$1.39
$1.39
$1.38
$1.37
1.97
1.96
1.95
239
225
212
187
167
1.19
1.19
1.19
105
96
49
32
30
24
24
23
19
Feb-19
Jan-20
Feb-20
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 © 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 March 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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