burnaby north
TOWNHOME NOVEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % UP
0.5 % UP
18 % DOWN
57 % UP
SELLER’S 42 %
The number of townhome listings in Burnaby North decreased 4% from last month, settling at 53, and were 18% below November 2019. Townhome sales, at 22, were unchanged vs last month and 57% above November 2019. The sales-to-listings ratio increased to 42% in November, as Burnaby North’s townhome segment remained in a seller’s market. The benchmark price in November was down 0.5% month-over-month, to $742,900, but was 2% above November 2019. The average sold price was $782,359 in November, (relatively unchanged vs October) while the average PSF sales price was $560 (decreasing 5%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
53 22
55 22
-4%
65 14
-18% 57% 93% 16% 0.5% 2%
TOTAL SALES
0.0%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
42%
40%
4%
22%
$742,900 $746,400 $782,359 $782,107
-0.5% $728,500 0.0% $674,464
$560
$589
-5%
$557
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$728,500 $720,400 $728,200 $719,300 $736,000 $731,900 $742,900
67
66
65
53
52
46
36
25
22
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
5
4+ bdrms
BUYER'S MARKET
3
9
3 bdrms
26
8
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
24
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 December 3, 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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