TOWNHOME MAY burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE 4 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
9 % UP
57 % DOWN
59 % DOWN
1.0 % DOWN
BALANCED 20 %
Townhome listings in the Burnaby South market area in May (at 44) were up 5% from last month but 57% below last year. The 9 townhome sales were 3 lower month-over- month and 13 belowMay 2019. The sales-to-listings ratio dropped to 20%, as Burnaby South’s townhome market transitioned to a balanced market. The benchmark price in May was $773,400, 1.0% lower month-over-month and year-over-year. The average sold price was $779,544 (relatively unchanged from April) with an average PSF sales price of $634 (up 21% vs April).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 102
% Change
TOTAL LISTINGS
44
42 12
5%
-57% -59%
TOTAL SALES
9
-25% -28%
22
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
29%
22%
-5%
$773,400 $780,900 $779,544 $779,500
-1.0% $781,500 0.0% $715,891
-1.0%
9% 4%
$634
$524
21%
$607
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$781,500 $760,600 $757,100 $769,600 $767,800 $768,700 $773,400
104
102
93
68
52
46
44
22
22
17
14
13
9
7
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
3
5
3 bdrms
23
4
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
18
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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