DETACHED - MAY 2019 burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
-
21 % DOWN
30 % DOWN
9 % DOWN
BALANCED 16 %
The number of detached listings in Burnaby East in May, at 62, were 1.6% lower vs the previous month and a 30% decrease vs May 2018. There were 10 detached sales in May, 4 more than the previous month but 1 below May 2018. The sales-to-listings ratio increased to 16%, as Burnaby East’s detached segment transitioned to a balanced market. The benchmark price for detached homes in Burnaby East in May was $1.16M—0.9% below last month but 12% lower than last year. The average sold price in Burnaby East in May was $1.12M, down 19% vs April and 21% lower year-over-year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
62 10
63
-1.6%
89 11
-30% -9% 30%
TOTAL SALES
6
67% 69%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
16%
10%
12%
$1,162,700 $1,173,500 -0.9% $1,314,800 -12% $1,119,500 $1,379,167 -19% $1,421,891 -21%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.32
$1.31
$1.25
1.82
$1.21
1.79
1.77
$1.17
$1.16
$1.15
1.64
89
1.55
1.55
82
77
77
67
62
53
11
10
6
5
3
3
0
May-18
Apr-19
May-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD QD
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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