TOWNHOME - MAY 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
67 % UP
57 % UP
7 % DOWN
21 % DOWN
SELLER’S 23 %
Townhome listings in the Burnaby South market area in May (at 97) were down 3% from last month but 67% above last year. The 22 townhome sales were 10 above April and 8 higher than in May 2018. The sales-to-listings ratio jumped to 23%, as Burnaby South’s townhome segment transitioned to a seller’s market. The benchmark price in May was $781,500, 1.7% above April but 7% below May 2018. The average sold price was $715,891 (down 1.9% from April) with an average PSF sales price of $607 (down 4% from April).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 100
% Change
No.
% Change
TOTAL LISTINGS
97 22
-3% 83% 89%
58 14
67% 57% -6% -7% -21%
TOTAL SALES
12
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
12%
24%
$781,500 $768,100 $715,891 $729,958
1.7% $841,000 -1.9% $902,329
$607
$630
-4%
$656
-7%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$841,000 $846,500 $822,700 $798,300 $792,800 $779,500 $781,500
97
97
80
70
69
64
58
22
14
12
14
9
7
6
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
11
12
3 bdrms
42
9
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
44
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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