DETACHED - SEPTEMBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
18 % DOWN
22 % DOWN
-
50 % UP
BALANCED 17 %
The number of detached listings in Burnaby North in September, at 189, was 10% lower month-over- month and 18% lower year-over-year. With 33 in September, detached sales were up by 1 month-over-month but 11 below last year. The sales-to-listings ratio slightly increased to 17%, as Burnaby North’s detached market remained balanced. The benchmark price in September was $1.35M, 2% below August 2019 and 10% lower than in September 2018. The average sold price was $1.49M, down 11% from the previous month and 22% below September 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 209
% Change
No. 230
% Change
TOTAL LISTINGS
189
-10%
-18% 50% 83%
TOTAL SALES
33
32
3%
22
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
15%
14%
10%
$1,345,000 $1,375,500
-2% $1,498,100 -10%
$1,485,692 $1,668,303 -11% $1,914,907 -22%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.50
$1.47
$1.42
$1.41
$1.41
$1.37
$1.35
2.32
2.29
2.27
1.95
1.91
1.84
248
239
230
230
206
189
179
39
33
33
22
15
15
12
Sep-18
Aug-19
Sep-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2019 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 October 3, 2019. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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