DETACHED APRI L burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
13 % DOWN
4 % DOWN
-
0.9 % UP
10 %
The number of detached listings in Burnaby North in April, at 234, was 9% higher than last month and 0.9% above April 2018. With 24 in April, detached sales were up 60% month-over-month but 4% below last year. The sales-to-listings ratio increased to 10%, remaining a buyer’s market for detached product in Burnaby North. The benchmark price in April was $1.39M, 1.5% below March 2019 and 13% lower than in April 2018. The average sold price was $1.46M, up 5% from the previous month but 13% below April 2018.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 215
% Change
No. 232
% Change
TOTAL LISTINGS
234
9%
0.9%
TOTAL SALES
24
15 7%
60% 47%
25
-4% -5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
11%
$1,391,000 $1,411,700 -1.5% $1,595,800 -13%
$1,458,500 $1,393,274
5% $1,683,644 -13%
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-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.60
$1.54
$1.50
$1.49
2.49
$1.45
$1.40
$1.39
2.34
2.27
2.11
249
243
1.96
1.94
232
231
234
198
181
25
24
22
19
19
18
14
Apr-18
Mar-19
Apr-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
CurrentasofMay3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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