DETACHED JUNE burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
53 % DOWN
4 % UP
-
3 % UP
28 %
The number of detached listings in Burnaby North in June, at 112, were 3% higher month-over-month but 53% lower year-over-year. With 31 in June, detached sales were 15 above last month and similar to last year’s total for June (30). The sales-to-listings ratio increased to 28%, as Burnaby North’s detached market transitioned to seller’s market territory. The benchmark price in June was $1.49M, increasing 1.1% fromMay and 6% above June 2019. The average sold price was $1.60M, up 10% from the previous month and 4% above June 2019.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 109
% Change
No. 239
% Change
TOTAL LISTINGS
112
3%
-53%
TOTAL SALES
31
16
94% 89%
30
3%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
15%
13%
121%
$1,488,200 $1,472,700 1.1% $1,399,800
6% 4%
$1,603,855 $1,462,199
10% $1,542,830
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.49
$1.47
$1.42
$1.40
$1.39
$1.38
$1.37
2.05
2.03
1.93
239
212
1.21
1.19
1.15
167
112
111
105
96
49
32
31
30
23
23
14
Jun-19
May-20
Jun-20
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 © 2020 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 July 3, 2020. All data from Real Estate Board of 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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