CONDO APRI L burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
11 % UP
42 % DOWN
41 % DOWN
0.3 % DOWN
0.8 % DOWN
BALANCED 14 %
The number of condo listings in Burnaby South, at 251, decreased 5% month-over-month and fell 42% vs last year. April’s condo sales, at 34, were 61% below last month and 41% lower than last year. The sales-to-listings ratio decreased to 14% in April, as Burnaby South’s condo segment transitioned to balanced market territory. The condo benchmark price in April was $673,700, relatively unchanged fromMarch and a 0.8% decrease from April 2019. The average sold price was $650,596 with an aver- age PSF sales price of $784 (relatively unchanged and 0.9% higher, respectively, vs March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 264
% Change
No. 433
% Change
TOTAL LISTINGS
251
-5%
-42% -41% 1.1% -0.8%
TOTAL SALES
34
88
-61% -59%
58
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
33%
13%
$673,700 $674,900 $650,596 $652,483
-0.2% $679,200 -0.3% $587,962
11%
$784
$777
0.9%
$786
-0.3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$679,200 $666,200 $648,500 $645,300 $652,000 $678,200 $673,700
458
438
433
390
259
251
230
97
87
77
70
69
58
34
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
2
3+ bdrms
BUYER'S MARKET
27
21
2 bdrms
166
11
<2 bdrms
. . . . 0 0 0 0 QD QD QD
58
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 May 5, 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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