TOWNHOME MARCH burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE 9 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
11 % UP
7 % UP
323 % UP
17 % UP
SELLER’S 89 %
Townhome listings in the Burnaby South market area in March (at 62) were down 7% from last month but 17% above last year. The 55 townhome sales were 189% higher month- over-month and 323% above March 2020. The sales-to-listings ratio increased to 89%, as Burnaby South’s townhome market remained in seller’s market territory. The benchmark price in March was $819,800, 1.7% higher month-over-month and 7% higher year-over-year. The average sold price was $868,856 (5% above February) with an average PSF sales price of $685 (up 4% vs February).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
62 55
67 19
-7%
53 13
17%
TOTAL SALES
189% 213%
323% 262%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
89%
28%
25%
$819,800 $806,200 $868,856 $826,126
1.7% $768,700 5% $780,568
7%
11%
$685
$656
4%
$631
9%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$819,800
$768,700 $773,400 $799,200 $784,100 $803,600 $802,100
75
69
66
62
58
53
46
55
27
20
18
13
9
9
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
4+ bdrms
BUYER'S MARKET
6
24
3 bdrms
20
28
<3 bdrms
. . . . 0 0 0 0 QD QD QD
36
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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