DETACHED FEBRUARY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
35 % DOWN
1.3 % UP
-
48 % UP
SELLER’S 47 %
The number of detached listings in Burnaby North in February, at 72, was 6% lower month-over-month and 35% lower year-over-year. With 34 in February, detached sales were 55% above last month and 48% above last year. The sales-to-listings ratio increased to 47%, as Burnaby North’s detached market remained favour- able to sellers. The benchmark price in February was $1.57M, 1.7% above January and 11% above February 2020. The average sold price was $1.86M, up 9% from the previous month and 1.3% above February 2020.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No. 111
% Change
TOTAL LISTINGS
72 34
77 22
-6% 55% 65%
-35% 48% 128%
TOTAL SALES
23
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
47%
29%
21%
$1,572,500 $1,546,200 1.7% $1,418,900
11%
$1,862,295 $1,704,836
9% $1,838,826 1.3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.57
$1.54
$1.50
$1.49
$1.48
$1.47
$1.42
2.04
2.04
1.95
151
144
1.22
1.22
120
1.19
111
105
88
72
58
45
45
34
31
23
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Feb-20
Jan-21
Feb-21
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 © 2021 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 March 3, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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