DETACHED - JULY 2019 burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
26 % DOWN
0.0 %
6 % DOWN
-
10 %
The number of detached listings in Burnaby East in July, at 60, was 1.6% lower vs the previous month and 26% below July 2018. There were 6 detached sales in July, 1 more than the previous month and unchanged vs July 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 was $1.18M—virtually unchanged from last month but 11% lower year-over-year. The average sold price in Burnaby East in July was $1.39M, down 4% vs June and 6% below July 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
60
61
-1.6%
81
-26% 0.0% 35%
TOTAL SALES
6
5
20% 22%
6
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
10%
8%
7%
$1,181,900 $1,180,600 0.1% $1,324,600 -11%
$1,385,417 $1,439,600
-4% $1,469,913
-6%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.32
$1.25
1.83
1.82
$1.21
1.81
$1.18
$1.17
$1.16
$1.15
1.68
1.64
1.60
81
76
76
65
60
60
51
10
6
6
5
3
3
0
Jul-18
Jun-19
Jul-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
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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