CONDO JUNE burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
32 % DOWN
19 % DOWN
8 % UP
4 % UP
BALANCED 18 %
The number of condo listings in Burnaby South, at 309, increased 23% month-over-month but was 32% lower vs last year. June’s condo sales, at 57, were 63% above last month but 19% lower than last year. The sales-to-listings ratio increased to 18% in June, as Burnaby South’s condo segment remained a bal- anced market. The condo benchmark price in June was $670,500 down 1.2% fromMay but up 0.6% vs June 2019. The average sold price was $632,088 with an average PSF sales price of $780 (down 1.7% and up 6%, respectively, vs May).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 252
% Change
No. 457
% Change
TOTAL LISTINGS
309
23% 63% 33%
-32% -19% 20% 0.6%
TOTAL SALES
57
35
70
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
14%
15%
$670,500 $678,900 $632,088 $642,757
-1.2% $666,200 -1.7% $585,997
8% 4%
$780
$737
6%
$747
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$666,200 $648,500 $645,300 $650,800 $676,400 $672,700 $670,500
457
437
389
309
267
258
229
97
87
77
70
69
57
33
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
5
3+ bdrms
BUYER'S MARKET
35
33
2 bdrms
204
19
<2 bdrms
. . . . 0 0 0 0 QD QD QD
70
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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