TOWNHOME - JULY 2019 burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
10 % DOWN
3 % UP
67 % UP
0.0 %
BUYER’S 9 %
The number of townhome listings in Burnaby East increased to 45 in July, 13% above June and 67% higher than in July 2018. Townhome sales, at 4, were 2 below last month and unchanged vs last year. The sales-to-listings ratio decreased to 9%, as Burnaby East’s townhome market transitioned to buyer’s market territory. The benchmark price in July was $648,400, 0.6% above the previous month but 12% lower vs July 2018. The average sold price was $622,250 (8% lower than last month) with an average PSF sales price of $612 (6% above last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
45
40
13% -33% -41%
27
67% 0.0% -40% -12% -10%
TOTAL SALES
4
6
4
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
9%
15%
15%
$648,400 $644,300 $622,250 $678,667
0.6% $733,400 -8% $692,500
$612
$578
6%
$593
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$733,400 $718,800 $684,600 $680,300 $671,400 $656,500 $648,400
45
32
31
27
27
24
22
9
8
7
4
4
4
2
BURNABY EAST
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
4+ bdrms
BUYER'S MARKET
6
2
3 bdrms
20
2
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD QD
19
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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