burnaby south
TOWNHOME - SEPTEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
13 % DOWN
10 % DOWN
36 % UP
21 % UP
BALANCED 19 %
Townhome listings in the Burnaby South market area in September (at 91) were down 12% from last month but 36% above last year. The 17 townhome sales were 6 below August but 3 more than in September 2018. The sales-to-listings ratio decreased to 19%, as Burnaby South’s townhome segment transitioned to a balanced market. The benchmark price in September was $757,100, 1.3% below August and 8% lower year-over-year. The average sold price was $761,723 (down 6% from August) with an average PSF sales price of $574 (unchanged versus August).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 103
% Change
No.
% Change
TOTAL LISTINGS
91 17
-12% -26% -16%
67 14
36% 21% -11% -10% -13% -8%
TOTAL SALES
23
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
19%
22%
21%
$757,100 $767,000 $761,723 $813,743
-1.3% $822,700 -6% $842,643
$574
$574
0.0%
$660
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$822,700 $798,300 $792,800 $779,500 $781,500 $760,600 $757,100
104
102
95
91
78
68
67
22
22
17
12
14
9
7
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
10
9
3 bdrms
43
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
38
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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