TOWNHOME JANUARY burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE 6 % UP
BENCHMARK PRICE 3 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
42 % DOWN
3 % DOWN
0.0 %
BALANCED 16 %
Townhome listings in the Burnaby South market area in January (at 45) were down 4% from last month and 42% below last year. The 7 townhome sales were 7 below December and unchanged vs January 2019. The sales-to-listings ratio fell to 16%, as Burnaby South’s townhome transitioned to a balanced market. The benchmark price in January was $768,100, 0.7% above December but 3% lower year-over-year. The average sold price was $781,543 (down 7% from December) with an average PSF sales price of $627 (up 9% vs December).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
45
47 14
-4%
78
-42% 0.0% 73%
TOTAL SALES
7
-50% -48%
7
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
30%
9%
$768,100 $762,600 $781,543 $844,554
0.7% $792,800 -7% $802,286
-3% -3%
$627
$575
9%
$594
6%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$792,800 $779,500 $781,500 $760,600 $757,100 $769,600 $768,100
104
102
95
93
78
68
45
22
22
17
14
12
7
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
1
4+ bdrms
BUYER'S MARKET
6
3
3 bdrms
26
3
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
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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 February 5, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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