CONDO SEPTEMBER burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE 6 % UP
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % UP
31 % UP
32 % UP
SELLER’S 27 %
There were 405 condo listings in Burnaby North in September, 3% below August but 31% higher vs September 2019. September condo sales increased by 8% month- over-month, to 111, and were 32% above September 2019. The sales-to-listings ratio for condos in Burnaby North increased to 27%, remaining a seller’s market. The condo benchmark price in September was $613,400, a 0.2% decrease from August but 4% above September 2019. The average sold price was $634,615, 3% above last month; the average PSF sales price was $746, down 2% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 417 103 25%
% Change
No. 309
% Change
TOTAL LISTINGS
405 111 27%
-3%
31% 32% 0.8%
TOTAL SALES
8%
84
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
27%
$613,400 $614,400 $634,615 $614,144
-0.2% $591,400 3% $605,677
4% 5% 6%
$746
$762
-2%
$704
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$623,500 $610,900 $613,400
$591,400 $595,900 $606,900 $616,300
405
357
309
268
252
220
178
111
86
85
84
71
55
48
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
6
3+ bdrms
42
SELLER'S MARKET
BALANCED
71
2 bdrms
BUYER'S MARKET
270
34
<2 bdrms
. . . . 0 0 0 0 QD QD QD
93
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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