TOWNHOME - OCTOBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE 8 % UP
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
13 % UP
10 % UP
82 % UP
SELLER’S 29 %
The number of townhome listings in Burnaby North increased 10% from last month, settling at 69, and was 10% above October 2018. Townhome sales, at 20, were up by 1 vs last month and 9 above October 2018. The sales-to-listings ratio slightly decreased to 29% in October, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in October was $723,900, 0.8% below September and 5% lower vs October 2018. The average sold price was $732,455 in October, (increasing 11% vs September) while the average PSF sales price was $558 (increasing 5%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
69 20
63 19
10%
63 11
10% 82% 66% -5% 13%
TOTAL SALES
5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
29%
30%
-4%
17%
$723,900 $729,500 $732,455 $658,621
-0.8% $761,100 11% $649,955
$558
$532
5%
$517
8%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$761,100
$724,400 $715,300 $709,200 $725,500 $721,500 $723,900
76
72
69
65
63
56
54
22
20
16
13
11
11
4
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
6
10
3 bdrms
36
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
27
S-L RATIO SALES INVENTORY
Copyright © 2019 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 November 6, 2019. All data from RealEstateBoard ofGreaterVancouverandFraserValley & 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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