DETACHED - JUNE 2019 burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 12 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
21 % DOWN
38 % DOWN
3 % UP
-
BUYER’S 8 %
The number of detached listings in Burnaby East in June, at 63, were 1.6% higher vs the previous month but a 21% decrease vs June 2018. There were 5 detached sales in June, 5 less than the previous month and 3 below June 2018. The sales-to-listings ratio fell to 8%, as Burnaby East’s detached segment transitioned to a buyer’s market. The benchmark price for detached homes in Burnaby East in June was $1.18M—1.5% above last month but 12% lower than last year. The average sold price in Burnaby East in June was $1.44M, up 29% vs May and 3% higher year-over-year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
63
62 10
1.6% -50% -51%
80
-21% -38% -21%
TOTAL SALES
5
8
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
8%
16%
10%
$1,180,600 $1,162,700 1.5% $1,340,700 -12%
$1,439,600 $1,119,500
29% $1,394,226
3%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.34
$1.27
$1.25
1.87
1.83
$1.18
$1.17
$1.17
$1.16
1.77
1.67
1.60
1.55
86
80
71
63
63
56
51
8
8
7
6
5
5
4
Jun-18
May-19
Jun-19
TOTAL LISTINGS & SALES BY PRICE RANGE ›
SALES TOTAL INVENTORY S-L RATIO
SELLER'S MARKET
BALANCED
BUYER'S MARKET
. . . 0 0 0 0 0 QD QD QD QD QD
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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