DETACHED APRI L burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
9 % DOWN
9 % DOWN
28 % UP
-
10 %
There were 228 detached listings in the Burnaby South market area in April, 1.8% above last month but 9% below April 2018. Detached sales were up by 2 between March and April (to 23), and were 5 higher year-over-year. The sales-to-listings ratio increased to 10%, as Burnaby South’s detached market remained in buy- er’s market territory. The benchmark price in April was $1.53M, 0.8% below the previous month and a 9% decline vs last year. The average sold price for detached homes was $1.56M, 1.1% below March and 9% lower than this time last year.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 224
% Change
No. 250
% Change
TOTAL LISTINGS
228
1.8% 10%
-9% 28% 40% -9% -9%
TOTAL SALES
23
21 9%
18 7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
8%
$1,532,100 $1,545,200 -0.8% $1,675,800 $1,562,761 $1,580,590 -1.1% $1,721,767
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.71
$1.68
$1.63
$1.62
2.34
$1.57
$1.54
$1.53
2.27
2.26
2.01
1.99
1.98
272
268
256
250
228
205
189
29
23
22
18
12
8
7
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 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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