TOWNHOME MAY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % DOWN
13 % DOWN
1.5 % DOWN
41 % DOWN
0.0 %
SELLER’S 32 %
The number of townhome listings in Burnaby North declined 16% from last month, settling at 47, and were 41% belowMay 2019. Townhome sales, at 15, were 11 higher than last month and unchanged fromMay 2019. The sales-to-listings ratio jumped to 32% in May, as Burnaby North’s townhome segment transitioned to a seller’s market. The benchmark price in May was down 1.2% month- over-month, at $719,300, and was 1.5% belowMay 2019. The average sold price was $673,867 in May, (decreasing 8% vs April) while the average PSF sales price was $486 (decreasing 0.8%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
47 15
56
-16% 275% 347%
80 15
-41% 0.0% 70% -1.5%
TOTAL SALES
4
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
7%
19%
$719,300 $727,900 $673,867 $729,500
-1.2% $730,300 -8% $725,733 -0.8% $558
-7%
$486
$490
-13%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$730,300 $723,100 $729,500 $728,500 $720,400 $728,200 $719,300
80
75
68
65
47
46
36
19
18
17
15
15
14
13
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4
4+ bdrms
BUYER'S MARKET
3
6
3 bdrms
24
5
<3 bdrms
. . . . 0 0 0 0 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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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