CONDO NOVEMBER burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.7 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
23 % UP
5 % DOWN
16 % DOWN
1.1 % DOWN
SELLER’S 22 %
The number of condo listings in Burnaby South, at 412, decreased 10% month-over-month but were 23% above last year. November’s condo sales, at 92, were 8% below last month and 16% lower vs last year. The sales-to-listings ratio was unchanged at 22% in November, as Burnaby South’s condo segment remained a seller’s market. The condo benchmark price in November was $658,300, down 0.4% from October but 1.7% higher vs November 2019. The average sold price was $594,281 with an aver- age PSF sales price of $742 (relatively unchanged and up 2%, respectively, vs October).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 459 100 22%
% Change
No. 334 110 33%
% Change
TOTAL LISTINGS
412
-10%
23% -16% -32% 1.7%
TOTAL SALES
92
-8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
2.5%
$658,300 $661,000 $594,281 $594,413
-0.4% $647,300 0.0% $628,843
-5%
$742
$726
2%
$750
-1.1%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$647,300 $662,000 $674,200 $678,900 $674,500 $659,500 $658,300
474
412
379
334
268
258
257
110
99
92
88
73
62
35
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
3
3+ bdrms
BUYER'S MARKET
55
54
2 bdrms
277
35
<2 bdrms
. . . . 0 0 0 0 QD QD QD
80
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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