burnaby north
TOWNHOME - SEPTEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
4 % DOWN
3 % UP
58 % UP
SELLER’S 31 %
The number of townhome listings in Burnaby North decreased 3% from last month, settling at 62, but was 3% above September 2018. Townhome sales, at 19, were down by 3 vs last month but 7 above September 2018. The sales-to-listings ratio decreased to 31% in September, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in September was $729,500, 1.1% above August but 5% lower vs September 2018. The average sold price was $658,621 in September, (increasing 1.0% vs August) while the average PSF sales price was $532 (increasing 1.3%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
62 19
64 22
-3%
60 12
3%
TOTAL SALES
-14% -11%
58% 53% -5% -4%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
31%
34%
20%
$729,500 $721,500 $658,621 $652,364
1.1% $768,600 1.0% $685,208
$532
$525
1.3%
$492
8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$768,600 $742,700 $723,900 $726,000 $730,300 $723,100 $729,500
80
75
61
61
60
62
59
19
17
15
13
12
12
10
BURNABY NORTH 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
4
7
3 bdrms
29
10
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
29
S-L RATIO SALES INVENTORY
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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