TOWNHOME - JUNE 2019 burnaby east
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 10 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
19 % DOWN
0.2 % UP
54 % UP
0.0 %
BALANCED 15 %
The number of townhome listings in Burnaby East increased to 40 in June, 25% above May and 54% higher than in June 2018. Townhome sales, at 6, were 2 below last month and unchanged vs last year. The sales-to-listings ratio decreased to 15%, as Burnaby East’s townhome market transitioned to balanced market territory. The benchmark price in June was $644,300, 1.9% below the previous month and 10% lower vs June 2018. The average sold price was $678,667 (2% higher than last month) with an average PSF sales price of $578 (5% above last month).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
40
32
25% -25% -40%
26
54% 0.0% -35% -10% -19% 0.2%
TOTAL SALES
6
8
6
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
15%
25%
23%
$644,300 $656,500 $678,667 $662,413
-1.9% $717,400 2% $841,750
$578
$551
5%
$577
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$717,400 $712,800 $712,300 $696,300 $687,100 $656,800 $644,300
40
32
32
29
26
21
18
6
6
6
4
3
3
1
BURNABY EAST
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
5
2
3 bdrms
19
3
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD QD
16
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 The information may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient from RAR & RMS.
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