DETACHED SEPTEMBER burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
31 % DOWN
19 % UP
-
52 % UP
36 %
The number of detached listings in Burnaby North in September, at 139, were 1.4% lower month-over- month and 31% lower year-over-year. With 50 in September, detached sales were 14% below last month but 52% higher vs last year. The sales-to-listings ratio decreased to 36%, as Burnaby North’s detached market remained favour- able to sellers. The benchmark price in September was $1.50M, 1.6% above August and 12% above September 2019. The average sold price was $1.77M, up 7% from the previous month and 19% above September 2019.
VS
VS
VS
VS
VS
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 141
% Change
No. 201
% Change
TOTAL LISTINGS
139
-1.4% -14% -13%
-31% 52% 119%
TOTAL SALES
50
58
33
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
36%
41%
16%
$1,501,200 $1,477,400 1.6% $1,345,000
12% 19%
$1,774,808 $1,666,039
7% $1,485,692
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.50
$1.48
$1.47
$1.45
2.05
$1.42
2.02
$1.38
$1.35
1.84
1.23
201
1.19
1.19
154
142
139
112
111
110
50
36
33
31
27
24
16
Sep-19
Aug-20
Sep-20
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
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of October 5, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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