TOWNHOME MARCH burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % UP
12 % UP
7 % UP
26 % UP
189 % UP
SELLER’S 90 %
The number of townhome listings in Burnaby North increased 1.8% from last month, settling at 58, and was up 26% vs March 2020. Townhome sales, at 52, were 174% above last month and 189% above March 2020. The sales-to-listings ratio increased to 90% in March, as Burnaby North’s townhome segment remained in a seller’s market. The benchmark price in March was up 1.1% month- over-month, to $777,800, and was 7% above March 2020. The average sold price was $787,979 in March, (6% below February) while the average PSF sales price was $626 (increasing 3%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
58 52
57 19
1.8% 174% 169%
46 18
26%
TOTAL SALES
189% 129%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
90%
33%
39%
$777,800 $769,400 $787,979 $834,579
1.1% $728,200 -6% $703,017
7%
12% 16%
$626
$610
3%
$541
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$777,800
$728,200 $719,300 $736,000 $731,900 $742,900 $759,000
67
66
58
58
52
46
38
52
25
22
18
15
14
13
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
4
4+ bdrms
SELLER'S MARKET
6
BALANCED
BUYER'S MARKET
22
3 bdrms
27
26
<3 bdrms
. . . . 0 0 0 0 QD QD QD
25
S-L RATIO SALES INVENTORY
Copyright © 2021 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 April 6, 2021. 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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