DETACHED - NOVEMBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
36 % DOWN
7 % DOWN
-
125 % UP
BALANCED 18 %
The number of detached listings in Burnaby North in November, at 147, was 11% lower month-over- month and 36% lower year-over-year. With 27 in November, detached sales were down by 22 month-over-month but 15 above last year. The sales-to-listings ratio fell to 18%, as Burnaby North’s detached market became balanced. The benchmark price in November was $1.38M, 1.1% above October 2019 but 6% lower than in November 2018. The average sold price was $1.50M, down 2% from the previous month and 7% below November 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 165
% Change
No. 230
% Change
TOTAL LISTINGS
147
-11% -45% -38%
-36% 125% 252%
TOTAL SALES
27
49
12 5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
30%
$1,380,700 $1,366,200 1.1% $1,470,100
-6% -7%
$1,497,573 $1,527,764
-2% $1,605,833
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.47
$1.42
$1.41
$1.41
$1.38
$1.37
$1.35
1.98
1.90
1.89
248
239
230
206
199
179
1.23
1.22
1.17
147
39
33
33
27
15
15
12
Nov-18
Oct-19
Nov-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
Copyright © 2019 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 December 4, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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