burnaby north
TOWNHOME SEPTEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
9 % UP
10 % DOWN
6 % DOWN
32 % UP
SELLER’S 39 %
The number of townhome listings in Burnaby North increased 16% from last month, settling at 64, but were 6% below September 2019. Townhome sales, at 25, were 7% lower than last month but 32% above September 2019. The sales-to-listings ratio fell to 39% in September, as Burnaby North’s townhome segment remained in a seller’s market. The benchmark price in September was down 0.1% month-over-month, to $731,900, but was 0.3% above September 2019. The average sold price was $718,324 in September, (decreasing 0.2% vs August) while the average PSF sales price was $478 (decreasing 13%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
64 25
55 27
16% -7% -20%
68 19
-6% 32% 40% 0.3%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
39%
49%
28%
$731,900 $732,500 $718,324 $719,922
-0.1% $729,500 -0.2% $658,621
9%
$478
$549
-13%
$532
-10%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$729,500 $728,500 $720,400 $728,200 $719,300 $736,000 $731,900
68
65
64
66
52
46
36
25
19
18
15
14
13
13
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
15
3 bdrms
27
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
32
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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