DETACHED - JUNE 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 9 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
6 % DOWN
1.4 % UP
-
67 % UP
BALANCED 13 %
The number of detached listings in Burnaby North in June, at 234, was 7% lower month-over-month and 6% lower year-over-year. With 30 in June, detached sales were down 3 month- over-month but 12 above last year. The sales-to-listings ratio was unchanged at 13%, as Burnaby North’s detached market remained balanced. The benchmark price in June was $1.40M, 0.6% below May 2019 and 9% lower than in June 2018. The average sold price was $1.54M, up 8% from the previous month and 1.4% above June 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 252
% Change
No. 249
% Change
TOTAL LISTINGS
234
-7% -9% -2%
-6% 67% 77% -9%
TOTAL SALES
30
33
18 7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13%
13%
$1,399,800 $1,407,600 -0.6% $1,538,900
$1,542,830 $1,428,875
8% $1,521,722 1.4%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.54
$1.50
$1.49
$1.45
2.35
$1.40
$1.40
$1.39
2.30
2.29
1.98
249
1.93
1.93
243
236
231
234
198
181
30
24
22
19
19
18
14
Jun-18
May-19
Jun-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
. . . 0 0 0 0 0 QD QD QD S-L RATIO SALES INVENTORY SELLER'S MARKET BALANCED BUYER'S MARKET
CurrentasofJuly3,2019.Alldata from theRealEstateBoardofGreaterVancouverandFraserValley.The information setoutherein (the “Information”) is intended for informationalpurposesonly.RAR&RMShasnotverified the informationanddoesnot represent,warrantorguarantee theaccuracy,correctnessandcompletenessof the information.RAR&RMSdoesnotassumeany responsibilityor liabilityofanykind inconnectionwith the informationand the recipient’s relianceupon the information.The recipientof the information should take stepsas the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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