TOWNHOME FEBRUARY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
29 % UP
38 % UP
10 % UP
46 % UP
SELLER’S 36 %
The number of townhome listings in Burnaby North increased 43% from last month, settling at 53, and was up 10% vs February 2020. Townhome sales, at 19, were 36% above last month and 46% above February 2020. The sales-to-listings ratio decreased to 36% in February, as Burnaby North’s townhome segment remained in a seller’s market. The benchmark price in February was up 1.4% month-over-month, to $769,400, and was 6% above February 2020. The average sold price was $834,579 in February, (6% above January) while the average PSF sales price was $610 (increasing 6%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
53 19
37 14
43% 36% -5%
48 13
10% 46% 32% 38% 29% 6%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
36%
38%
27%
$769,400 $759,000 $834,579 $783,979
1.4% $727,900 6% $605,470
$610
$577
6%
$474
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$769,400
$727,900 $727,900 $734,600 $732,500 $746,400 $751,000
59
59
58
56
53
48
32
27
22
13
12
26
19
4
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
1
4+ bdrms
6
SELLER'S MARKET
BALANCED
9
3 bdrms
BUYER'S MARKET
19
9
<3 bdrms
. . . . 0 0 0 0 QD QD QD
28
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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