DETACHED - JULY 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % DOWN
10 % DOWN
-
105 % UP
BALANCED 17 %
The number of detached listings in Burnaby North in July, at 229, was 3% lower month-over-month and 5% lower year-over-year. With 39 in July, detached sales were up by 9 month- over-month and 20 above last year. The sales-to-listings ratio rose to 17%, as Burnaby North’s detached market remained balanced. The benchmark price in July was $1.37M, 1.9% below June 2019 and 12% lower than in July 2018. The average sold price was $1.51M, down 2% from the previous month and 10% below July 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 236
% Change
No. 240
% Change
TOTAL LISTINGS
229
-3% 30% 34%
-5%
TOTAL SALES
39
30
19 8%
105% 115%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
13%
$1,373,400 $1,399,800 -1.9% $1,556,000 -12%
$1,512,362 $1,542,830
-2% $1,674,929 -10%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.56
$1.50
$1.47
2.35
$1.42
$1.41
$1.41
2.30
$1.37
2.25
1.99
248
1.93
1.90
240
230
230
229
206
179
39
33
22
19
15
15
12
Jul-18
Jun-19
Jul-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
CurrentasofAugust7,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The informationsetoutherein (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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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