DETACHED APRI L burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
14 % DOWN
18 % DOWN
33 % DOWN
-
10 %
The number of detached listings in Burnaby East in April, at 63, were 6% lower vs the previous month and an 18% decrease vs April 2018. There were 6 detached sales in April, 6 more than the previous month but 3 below April 2018. The sales-to-listings ratio increased to 10%, as Burnaby East’s detached segment remained a buy- er’s market. The benchmark price for detached homes in Burnaby East in April was $1.17M—1.6% above last month but 12% lower than last year. The average sold price in Burnaby East in April was $1.38M, down 14% vs April 2018.
VS
VS
VS
VS
VS
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
63
67
-6%
77
-18% -33% -19%
TOTAL SALES
6
0
- - - -
9
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
0%
12%
$1,172,600 $1,154,700 1.6% $1,331,300 -12%
$1,379,167
$0
$1,610,000 -14%
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
MILLIONS
$1.34
$1.33
$1.27
$1.25
1.90
$1.17
$1.17
$1.16
1.79
1.72
1.65
1.60
86
1.55
80
77
71
63
56
51
9
8
8
7
6
5
4
Apr-18
Mar-19
Apr-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD QD
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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