burnaby east
DETACHED - SEPTEMBER 2019
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
34 % DOWN
1.8 % DOWN
-
133 % UP
BALANCED 14 %
The number of detached listings in Burnaby East in September, at 50, was 11% lower vs the previous month and 34% below September 2018. There were 7 detached sales in September, 4 lower month-over-month but 4 above September 2018. The sales-to-listings ratio fell to 14%, as Burnaby East’s detached segment transitioned to a balanced market. The benchmark price for detached homes in Burnaby East was $1.16M—0.5% below last month and 7% lower year-over-year. The average sold price in Burnaby East in September was $1.37M, virtually unchanged from August and 1.8% below September 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
50
56 11
-11% -36% -29%
76
-34% 133% 255%
TOTAL SALES
7
3
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
20%
4%
$1,160,500 $1,165,800 -0.5% $1,248,100 $1,369,000 $1,373,955 -0.4% $1,393,667 -1.8% -7%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.25
$1.21
$1.18
$1.17
$1.16
$1.16
$1.15
1.81
1.80
1.74
1.66
1.63
1.63
76
76
65
63
60
51
50
10
7
6
5
3
3
0
Sep-18
Aug-19
Sep-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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