DETACHED NOVEMBER burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 6 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % UP
20 % DOWN
3 % DOWN
-
SELLER’S 27 %
There were 143 detached listings in the Burnaby South market area in November, 21% below last month and 20% lower vs November 2019. Detached sales decreased by 5% month-over-month, to 39, and fell by 3% year-over-year. The sales-to-listings ratio increased to 27%, as Burnaby South’s detached market reflected seller’s market conditions. The benchmark price in November was $1.57M, 0.6% above the previous month and a 6% increase vs last year. The average sold price for detached homes was $1.68M, 5% lower month-over-month but 5% higher year-over-year.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 180
% Change
No. 178
% Change
TOTAL LISTINGS
143
-21% -5% 20%
-20% -3% 21%
TOTAL SALES
39
41
40
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27%
23%
22%
$1,573,400 $1,564,000 0.6% $1,486,200
6% 5%
$1,680,766 $1,776,212
-5% $1,603,045
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
MILLIONS
$1.58
$1.57
$1.56
$1.53
$1.49
$1.49
$1.49
1.96
1.94
1.93
1.22
1.22
180
178
177
1.19
143
143
141
140
40
40
39
32
28
18
14
Nov-19
Oct-20
Nov-20
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 QD
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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