townhome
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 0.3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
27 % UP
45 % DOWN
SELLER’S 32 %
14 % DOWN
2 % DOWN
The number of townhome listings in Burnaby East decreased to 19 in February, 21% below January but 27% higher than in February 2018. Townhome sales, at 6, were 4 above last month and but 5 lower than last year. The sales-to-listings ratio jumped to 32%, as Burnaby East’s townhome market transitioned to a seller’s market. The benchmark price in February was $687,100, 1.0% above the previous month and virtually unchanged vs February 2018. The average sold price was $683,650 (virtually unchanged from last month) with an average PSF sales price of $569 (8% below last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
19
24
-21% 200% 279%
15 11
27% -45% -57% 0.3% -14%
TOTAL SALES
6
2
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
8%
73%
$687,100 $680,300 $683,650 $681,500
1.0% $684,900 0.3% $794,390
$569
$619
-8%
$582
-2%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$684,900 $699,300 $717,400 $712,800 $712,300 $696,300 $687,100
32
29
26
19
18
15
11
6
11
11
3
1
6
4
BURNABY EAST
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
1
4+ bdrms
BUYER'S MARKET
4
1
3 bdrms
9
4
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
6
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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