CONDO APRI L burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
13 % DOWN
1.7 % UP
141 % UP
15 % DOWN
BALANCED 14 %
The number of condo listings in Burnaby South, at 422, increased 4% month-over-month and jumped 141% vs last year. April’s condo sales, at 58, were 3 below last month and 10 lower than last year. The sales-to-listings ratio decreased to 14% in April, as Burnaby South’s condo segment remained in balanced market territory. The condo benchmark price in April was $679,200, virtually unchanged from March and a 5% decrease from April 2018. The average sold price was $587,962 (4% lower than in March) with an average PSF sales price of $786 (7% above March).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 404
% Change
No. 175
% Change
TOTAL LISTINGS
422
4%
141% -15% -65%
TOTAL SALES
58
61
-5% -9%
68
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
14%
15%
39%
$679,200 $681,400 $587,962 $609,712
-0.3% $715,800 -4% $673,444
-5%
-13% 1.7%
$786
$738
7%
$773
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$715,800 $737,000 $717,800 $701,400 $685,700 $689,400 $679,200
422
370
352
319
288
240
175
38
65
64
68
58
67
50
BURNABY SOUTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
3+ bdrms
BUYER'S MARKET
34
28
2 bdrms
291
27
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
97
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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