burnaby south
TOWNHOME NOVEMBER
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
21 % UP
6 % DOWN
0.2 % DOWN
29 % UP
SELLER’S 28 %
Townhome listings in the Burnaby South market area in November (at 64) were down 1.5% from last month and 6% below last year. The 18 townhome sales were 31% lower month- over-month but 29% above November 2019. The sales-to-listings ratio decreased to 28%, as Burnaby South’s townhome market remained in seller’s market territory. The benchmark price in November was $803,600, 0.2% lower month-over-month but 4% higher year-over-year. The average sold price was $778,288 (4% below October) with an average PSF sales price of $642 (up 0.9% vs October).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
64 18
65 26
-1.5% -31% -30%
68 14
-6% 29% 37%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
40%
21%
$803,600 $805,600 $778,288 $808,684
-0.2% $769,600 -4% $779,836
4%
-0.2%
$642
$636
0.9%
$529
21%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$769,600 $767,800 $768,700 $773,400 $799,200 $784,100 $803,600
75
68
66
64
53
46
46
27
18
13
14
9
9
7
BURNABY SOUTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
2
4+ bdrms
BUYER'S MARKET
4
10
3 bdrms
27
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
33
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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