CONDO APRI L burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % UP
6 % DOWN
50 % DOWN
BALANCED 13 %
165 % UP
There were 305 condo listings in Burnaby North in April, 16% above March and 165% higher than in April 2018. April condo sales decreased by 13% month-over- month and were 50% below April 2018. The sales-to-listings ratio for condos in Burnaby North decreased to 13%, remaining in a balanced market. The condo benchmark price in April was $611,800, 1.5% above March but 4% lower than in April 2018. The average sold price was $625,942, up 5% from last month; the average PSF sales price was $670, 3% below last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 263
% Change
No. 115
% Change
TOTAL LISTINGS
305
16% -13% -25%
165% -50% -81%
TOTAL SALES
41
47
82
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
18%
71%
$611,800 $602,900 $625,942 $595,966
1.5% $640,400 5% $586,181
-4%
7%
$670
$693
-3%
$709
-6%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$640,400 $656,100 $650,900 $631,200 $619,100 $599,900 $611,800
305
257
232
211
211
181
115
82
69
54
47
46
41
31
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
3
3+ bdrms
22
SELLER'S MARKET
27
BALANCED
2 bdrms
204
BUYER'S MARKET
11
<2 bdrms
. . . . 0 0 0 0 QD QD
79
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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