TOWNHOME - JULY 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 8 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % DOWN
5 % UP
35 % UP
21 % UP
SELLER’S 23 %
The number of townhome listings in Burnaby North decreased 3% from last month, settling at 73, but was 35% above July 2018. Townhome sales, at 17, were up by 1 vs last month and 3 above July 2018. The sales-to-listings ratio increased to 23% in July, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in July was $723,100, 0.3% below June and 8% lower vs July 2018. The average sold price was $680,729 in July, (increasing 7% vs June) while the average PSF sales price was $534 (increasing 1.3%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
73 17
75 16
-3%
54 14
35% 21% -10%
TOTAL SALES
6% 9%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
21%
26%
$723,100 $725,500 $680,729 $637,444
-0.3% $782,800 7% $651,164
-8%
5%
$534
$527
1.3%
$575
-7%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$782,800 $768,600 $742,700 $723,900 $726,000 $730,300 $723,100
80
73
61
61
60
59
54
17
15
14
13
12
12
10
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
3
4+ bdrms
BUYER'S MARKET
5
6
3 bdrms
37
8
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
31
S-L RATIO SALES INVENTORY
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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