TOWNHOME APRI L burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
1.0 % UP
89 % UP
24 % DOWN
7 % DOWN
BALANCED 18 %
The number of townhome listings in Burnaby North increased 22% from last month, settling at 72, and was 89% above April 2018. Townhome sales, at 13, were down by 4 vs last April but up by 1 from March 2019. The sales-to-listings ratio for townhomes dipped to 18% in April, as Burnaby North’s townhome seg- ment remained in balanced market conditions. The benchmark price in April was $708,900, 2% lower than in March and 6% below April 2018. The average sold price was $666,385 in April, (decreasing 10% vs March) while the average PSF sales price was $488 (decreasing 7%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
72 13
59 12
22%
38 17
89% -24% -60%
TOTAL SALES
8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
20%
-11%
45%
$708,900 $726,000 $666,385 $740,125
-2% $757,700 -10% $714,659
-6% -7%
$488
$524
-7%
$483
1.0%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$757,700 $777,000 $766,200 $761,100 $724,400 $715,300 $708,900
72
63
57
56
54
49
38
19
17
4
13
11
10
11
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
2
4+ bdrms
BUYER'S MARKET
7
6
3 bdrms
32
5
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
33
S-L RATIO SALES INVENTORY
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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