TOWNHOME - AUGUST 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
8 % DOWN
6 % DOWN
45 % UP
109 % UP
SELLER’S 24 %
Townhome listings in the Burnaby South market area in August (at 96) were down 3% from last month but 45% above last year. The 23 townhome sales were 1 above July and 12 more than in August 2018. The sales-to-listings ratio increased to 24%, as Burnaby South’s townhome segment transitioned to a seller’s market. The benchmark price in August was $767,000, 0.8% above July but 9% lower year-over-year. The average sold price was $813,743 (up 13% from July) with an average PSF sales price of $574 (1.8% above July).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
96 23
99 22
-3%
66 11
45%
TOTAL SALES
5% 8%
109%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24%
22%
17%
44% -9% -6% -8%
$767,000 $760,600 $813,743 $718,011
0.8% $841,600 13% $866,218
$574
$564
1.8%
$626
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$841,600 $811,100 $790,800 $807,300 $768,100 $762,600 $767,000
113
99
96
82
71
66
60
23
18
13
12
11
7
3
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
2
4+ bdrms
BUYER'S MARKET
8
7
3 bdrms
44
14
<3 bdrms
. . . . 0 0 0 0 QD QD
44
S-L RATIO SALES INVENTORY
Current as of September 2, 2019. All data from the Real Estate Board of Greater Vancouver and Fraser Valley. The information set out herein (the “Information”) is intended for informational purposes only. RAR & RMS has not verified the information and does not represent, warrant or guarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipientmaydeemnecessary toverify the informationprior toplacinganyrelianceupon the information.The informationmaychangeandanypropertydescribed in the informationmaybewithdrawn from themarketatany timewithoutnoticeorobligation to therecipient fromRAR&RMS. 15
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