burnaby east
TOWNHOME - AUGUST 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
12 % DOWN
11 % DOWN
38 % UP
50 % UP
BUYER’S 15 %
The number of townhome listings in Burnaby East decreased to 40 in August, 11% below July but 38% higher than in August 2018. Townhome sales, at 6, were 2 above last month and last year. The sales-to-listings ratio increased to 15%, as Burnaby East’s townhome market transitioned to balanced market territory. The benchmark price in August was $644,900, 0.5% below the previous month and 10% lower vs August 2018. The average sold price was $689,000 (11% higher than last month) with an average PSF sales price of $547 (11% below last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
40
45
-11% 50% 69%
29
38% 50%
TOTAL SALES
6
4
4
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
9%
14%
9%
$644,900 $648,400 $689,000 $622,250
-0.5% $712,800 11% $771,625
-10% -11% -12%
$547
$612
-11%
$621
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$712,800 $712,300 $696,300 $687,100 $656,800 $644,300 $644,900
40
40
32
32
29
21
18
6
6
6
4
3
3
1
BURNABY EAST
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
6
2
3 bdrms
18
3
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
16
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. 9
Made with FlippingBook - professional solution for displaying marketing and sales documents online