TOWNHOME - JUNE 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 11 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
13 % DOWN
5 % DOWN
102 % UP
BALANCED 17 %
Townhome listings in the Burnaby South market area in June (at 107) were up 8% from last month and 102% above last year. The 18 townhome sales were 4 below May and 1 lower than in June 2018. The sales-to-listings ratio decreased to 17%, as Burnaby South’s townhome segment transitioned to a balanced market. The benchmark price in June was $762,600, 2% below May and 11% lower year-over-year. The average sold price was $723,252 (up 1.0% from May) with an average PSF sales price of $605 (virtu- ally unchanged from May).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
107
99 22
8%
53 19
102%
TOTAL SALES
18
-18% -24%
-5%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17%
22%
36%
-53% -11% -13% -16%
$762,600 $781,500 $723,252 $715,891
-2% $856,400 1.0% $826,862 -0.3% $720
$605
$607
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$856,400 $841,600 $811,100 $790,800 $807,300 $768,100 $762,600
107
101
84
73
67
62
53
18
19
12
13
11
7
3
BURNABY SOUTH REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES TOTAL INVENTORY S-L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET
BALANCED
2
4+ bdrms
BUYER'S MARKET
11
10
3 bdrms
44
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
52
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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