detached
B U R N A B Y S O U T H - F E B R U A R Y 2 0 1 9 8
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
18 % DOWN
71 % DOWN
-
0.0 %
BUYER’S 3 %
There were 203 detached listings in the Burnaby South market area in February, 9% above last month and unchanged vs February 2018. Detached sales were down by 1 between January and February (at 7), and were down by 17 year-over-year. The sales-to-listings ratio dipped to 3%, as Burnaby South’s detached market remained in buyer’s market territory. The benchmark price in February was $1.54M, up 0.5% from the previous month but an 8% decline vs last year. The average sold price for detached was $1.58M, 4% above January but 18% lower than last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 187
% Change
No. 203
% Change
TOTAL LISTINGS
203
9%
0.0% -71% -71%
TOTAL SALES
7
8
-13% -19%
24
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
3%
4%
12%
$1,542,100 $1,533,700 0.5% $1,682,600
-8%
$1,583,720 $1,517,153
4% $1,920,370 -18%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.71
$1.68
$1.68
$1.63
$1.62
2.37
$1.57
$1.54
2.24
2.23
2.08
1.93
1.91
272
268
256
250
203
203
189
29
24
22
18
12
8
7
Feb-18
Jan-19
Feb-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
CurrentasofMarch5,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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