TOWNHOME JUNE burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
11 % UP
60 % DOWN
50 % DOWN
BALANCED 20 %
Townhome listings in the Burnaby South market area in June (at 45) were up by 1 from last month but 60% below last year. The 9 townhome sales were unchanged month-over- month but half of the total seen in June 2019 (18). The sales-to-listings ratio remained at 20%, as Burnaby South’s townhome market continued to be a balanced market. The benchmark price in June was $790,200, 2% higher month-over-month and 4% higher year-over-year. The average sold price was $800,333 (increasing 3% fromMay) with an average PSF sales price of $628 (down 0.9% vs May).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 113
% Change
TOTAL LISTINGS
45
44
2%
-60% -50% 26%
TOTAL SALES
9
9
0.0%
18
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
20%
-2%
16%
$790,200 $773,400 $800,333 $779,544
2% $762,600 3% $723,252
4%
11%
$628
$634
-0.9% $605
4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$762,600 $767,000 $776,600 $763,500 $774,200 $780,900 $790,200
113
104
84
49
47
45
42
23
18
18
14
13
12
9
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
4+ bdrms
BUYER'S MARKET
4
6
3 bdrms
21
3
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
20
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
15
Made with FlippingBook - professional solution for displaying marketing and sales documents online