TOWNHOME JULY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 1.8 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
11 % DOWN
5 % UP
13 % DOWN
24 % DOWN
BALANCED 20 %
The number of townhome listings in Burnaby North increased 10% from last month, settling at 65, but were 13% below July 2019. Townhome sales, at 13, were 8% higher than last month but 24% below July 2019. The sales-to-listings ratio was unchanged at 20% in July, as Burnaby North’s townhome segment remained a balanced market. The benchmark price in July was up 0.2% month- over-month, to $736,000, and was 1.8% above July 2019. The average sold price was $713,554 in July, (decreasing 1.7% vs June) while the average PSF sales price was $474 (decreasing 17%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
65 13
59 12
10%
75 17
-13% -24% -12% 1.8%
TOTAL SALES
8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
20%
20%
-1.7%
23%
$736,000 $734,600 $713,554 $725,750
0.2% $723,100 -1.7% $680,729
5%
$474
$569
-17%
$534
-11%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$723,100 $729,500 $728,500 $720,400 $728,200 $719,300 $736,000
75
68
65
65
52
46
36
19
18
17
15
14
13
13
BURNABY NORTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
3 3
4+ bdrms
SELLER'S MARKET
7
3 bdrms
BALANCED
30
BUYER'S MARKET
3
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
32
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 August 7, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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