detached
B U R N A B Y E A S T - F E B R U A R Y 2 0 1 9
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
9 % DOWN
29 % DOWN
38 % DOWN
-
BUYER’S 9 %
The number of detached listings in Burnaby East in February, at 55, was 6% lower vs the previous month and 29% lower than in February 2018. There were 5 detached sales in February, 2 more than the previous month but 3 below February 2018. The sales-to-listings ratio increased to 9%, as Burnaby East’s detached segment remained a buy- er’s market. The benchmark price for detached homes in Burnaby East in February was $1.17M—virtually unchanged from last month and 9% below last year. The average sold price was $1.49M, a 3% increase vs last month but a 9% drop vs last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
55
52
6%
77
-29% -38% -13%
TOTAL SALES
5
3
67% 58%
8
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
9%
6%
10%
$1,172,100 $1,167,600 0.4% $1,281,200
-9% -9%
$1,489,000 $1,443,333
3% $1,634,333
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.34
$1.33
$1.28
$1.27
$1.25
1.87
$1.17
$1.16
86
80
77
77
71
1.72
1.71
55
51
1.63
1.61
1.57
9
8
8
8
7
5
4
Feb-18
Jan-19
Feb-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD
S-L RATIO SALES INVENTORY
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
Made with FlippingBook - professional solution for displaying marketing and sales documents online