CONDO MARCH burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE 9 % UP
BENCHMARK PRICE 3 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
8 % UP
9 % UP
186 % UP
SELLER’S 74 %
There were 274 condo listings in Burnaby North in March, 15% below February but 9% higher vs March 2020. March condo sales increased by 56% month-over- month, to 203, and were 186% above March 2020. The sales-to-listings ratio for condos in Burnaby North, at 74%, remained favourable to sellers. The condo benchmark price in March was $637,300, a 1.2% increase from February and 3% above March 2020. The average sold price was $666,594, 7% above last month; the average PSF sales price was $788, up 5% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 321 130 40%
% Change
No. 252
% Change
TOTAL LISTINGS
274 203 74%
-15% 56% 83%
9%
TOTAL SALES
71
186% 163%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
$637,300 $629,600 $666,594 $623,128
1.2% $616,300 7% $616,499
3% 8% 9%
$788
$754
5%
$720
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$616,300 $623,500 $610,900 $613,400 $611,100 $619,800 $637,300
429
410
357
351
274
268
252
203
111
96
86
85
71
48
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
18
3+ bdrms
BUYER'S MARKET
21
129
2 bdrms
178
56
<2 bdrms
. . . . 0 0 0 0 QD
75
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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