DETACHED - JUNE 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 13 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
3 % DOWN
10 % DOWN
10 % DOWN
-
11 %
There were 245 detached listings in the Burnaby South market area in June, 3% below last month and 10% lower vs June 2018. Detached sales rose by 3, to 26, between May and June, but were 3 lower year-over-year. The sales-to-listings ratio rose to 11%, as Burnaby South’s detached market remained in buyer’s market territory. The benchmark price in June was $1.50M, 0.8% below the previous month and a 13% decline vs last year. The average sold price for detached homes was $1.77M, 8% above May but 3% lower than this time last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
BUYER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 253
% Change
No. 272
% Change
TOTAL LISTINGS
245
-3% 13% 17%
-10% -10% -0.5%
TOTAL SALES
26
23 9%
29
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
11%
11%
$1,496,100 $1,508,100 -0.8% $1,712,400 -13%
$1,769,318 $1,643,219
8% $1,818,601
-3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.71
$1.63
$1.62
2.32
$1.57
$1.54
$1.53
2.25
2.23
$1.50
2.00
1.96
1.93
272
268
256
245
236
205
189
29
26
23
22
12
8
7
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 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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
Made with FlippingBook - professional solution for displaying marketing and sales documents online