TOWNHOME - JULY 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
22 % DOWN
12 % DOWN
52 % UP
267 % UP
SELLER’S 23 %
Townhome listings in the Burnaby South market area in July (at 96) were down 13% from last month but 52% above last year. The 22 townhome sales were 4 above June and 16 more than in July 2018. The sales-to-listings ratio increased to 23%, as Burnaby South’s townhome segment transitioned to a seller’s market. The benchmark price in July was $760,600, virtually unchanged from June and 10% lower year-over-year. The average sold price was $718,011 (down 0.7% from June) with an average PSF sales price of $564 (7% below June).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 110
% Change
No.
% Change
TOTAL LISTINGS
96 22
-13% 22% 40%
63
52%
TOTAL SALES
18
6
267% 141% -10% -12% -22%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
23%
16%
10%
$760,600 $762,600 $718,011 $723,252
-0.3% $846,500 -0.7% $811,333
$564
$605
-7%
$727
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$846,500 $822,700 $798,300 $792,800 $779,500 $781,500 $760,600
102
95
96
78
68
67
63
22
22
14
12
9
7
6
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
1
4+ bdrms
BUYER'S MARKET
10
9
3 bdrms
38
12
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
48
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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