TOWNHOME - JUNE 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 7 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
14 % DOWN
5 % DOWN
16 % DOWN
49 % UP
SELLER’S 22 %
The number of townhome listings in Burnaby North decreased 8% from last month, settling at 73, but was 49% above June 2018. Townhome sales, at 16, were up by 1 vs last June but down by 3 from May 2019. The sales-to-listings ratio increased to 22% in June, as Burnaby North’s townhome segment transitioned to a seller’s market. The benchmark price in June was $725,500, 0.7% below May and 7% lower vs June 2018. The average sold price was $637,444 in June, (decreasing 12% vs May) while the average PSF sales price was $527 (decreasing 6%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
73 16
79 15
-8%
49 19
49% -16% -43%
TOTAL SALES
7%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
22%
19%
15%
39%
$725,500 $730,300 $637,444 $725,733
-0.7% $777,000 -12% $740,247
-7%
-14%
$527
$558
-6%
$556
-5%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$777,000 $766,200 $761,100 $724,400 $715,300 $709,200 $725,500
74
73
63
57
56
54
49
19
16
13
11
11
10
4
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
1
4+ bdrms
BUYER'S MARKET
7
8
3 bdrms
31
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
35
S-L RATIO SALES INVENTORY
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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