TOWNHOME - NOVEMBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % UP
29 % UP
1.9 % DOWN
5 % DOWN
40 % UP
SELLER’S 24 %
The number of townhome listings in Burnaby North decreased 19% from last month, settling at 58, and was 5% below November 2018. Townhome sales, at 14, were down by 6 vs last month but 4 above November 2018. The sales-to-listings ratio decreased to 24% in November, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in November was $728,500, 0.6% above October but 1.9% lower vs November 2018. The average sold price was $674,464 in November, (decreasing 8% vs October) while the average PSF sales price was $557 (decreasing 0.2%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
58 14
72 20
-19% -30% -13%
61 10
-5% 40% 47%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
24%
28%
16%
$728,500 $723,900 $674,464 $732,455
0.6% $742,700 -8% $627,690 -0.2% $433
-1.9%
7%
$557
$558
29%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$742,700 $723,900 $726,000 $730,300 $723,100 $729,500 $728,500
80
75
67
61
61
59
58
19
17
15
14
13
12
10
BURNABY NORTH 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
5
7
3 bdrms
32
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
21
S-L RATIO SALES INVENTORY
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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