TOWNHOME - MAY 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
6 % UP
2 % UP
93 % UP
29 % DOWN
BALANCED 19 %
The number of townhome listings in Burnaby North increased 7% from last month, settling at 79, and was 93% above May 2018. Townhome sales, at 15, were down by 6 vs last May but up by 2 from April 2019. The sales-to-listings ratio slightly increased to 19% in May, as Burnaby North’s townhome segment remained in balanced market conditions. The benchmark price in May was $730,300, 3% above April but 5% below May 2018. The average sold price was $725,733 in May, (increasing 9% vs April) while the average PSF sales price was $558 (increasing 14%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
79 15
74 13
7%
41 21
93% -29% -63%
TOTAL SALES
15%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
19%
18%
8%
51%
$730,300 $709,200 $725,733 $666,385
3% $767,300 9% $683,885
-5%
6% 2%
$558
$488
14%
$545
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$767,300 $782,800 $768,600 $742,700 $723,900 $726,000 $730,300
79
61
61
60
60
54
41
21
15
14
13
12
12
10
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
7
SELLER'S MARKET
8
3 bdrms
BALANCED
36
BUYER'S MARKET
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
36
S-L RATIO SALES INVENTORY
CurrentasofJune4,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (the“Information”) is intended for informationalpurposesonly.RAR&RMShasnotverifiedthe 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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