CONDO JULY burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 0.2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % UP
1.4 % UP
7 % UP
16 % UP
SELLER’S 25 %
There were 340 condo listings in Burnaby North in July, 13% above June and 7% higher vs July 2019. July condo sales increased by 35% month-over- month, to 85, and were 16% above July 2019. The sales-to-listings ratio for condos in Burnaby North increased to 25%, remaining a seller’s market. The condo benchmark price in July was $610,900, a 0.9% increase from June and 0.2% above July 2019. The average sold price was $599,222, 8% above last month; the average PSF sales price was $711, up 2% from last month.
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 301
% Change
No. 317
% Change
TOTAL LISTINGS
340
13% 35% 19%
7%
TOTAL SALES
85
63
73
16%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
25%
21%
23%
9%
$610,900 $605,500 $599,222 $555,305
0.9% $609,500 8% $568,762
0.2%
5%
$711
$696
2%
$701
1.4%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$609,500 $591,400 $595,900 $606,900 $616,300 $623,500 $610,900
340
317
309
267
251
220
178
86
85
84
73
71
55
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
6
3+ bdrms
BUYER'S MARKET
27
49
2 bdrms
226
30
<2 bdrms
. . . . 0 0 0 0 QD QD
87
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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