TOWNHOME APRI L burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
191 % UP
BUYER’S 9 %
73 % DOWN
6 % UP
19 % DOWN
The number of townhome listings in Burnaby East rose to 32 in April, 45% above March and 191% higher than in April 2018. Townhome sales, at 3, were 6 below last month and 8 lower than last year. The sales-to-listings ratio dropped to 9%, as Burnaby East’s townhome market transitioned to buyer’s market territory. The benchmark price in April was $656,500, 2% below the previous month and 6% lower vs April 2018. The average sold price was $759,933 (8% higher than last month) with an average PSF sales price of $523 (9% below last month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
32
22
45% -67% -77%
11 11
191% -73% -91%
TOTAL SALES
3
9
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
9%
41%
100%
$656,500 $671,400 $759,933 $702,667
-2% $699,300 8% $718,909
-6%
6%
$523
$575
-9%
$649
-19%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$699,300 $717,400 $712,800 $712,300 $696,300 $687,100 $656,500
32
32
29
26
21
18
11 11
6
6
4
3
3
1
BURNABY EAST
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY SL RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4+ bdrms
BUYER'S MARKET
4
3
3 bdrms
17
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD QD
11
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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