TOWNHOME MARCH burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
8 % UP
51 % DOWN
0.3 % DOWN
1.8 % UP
1.4 % DOWN
SELLER’S 28 %
Townhome listings in the Burnaby South market area in March (at 47) were up 2% from last month but 51% below last year. The 13 townhome sales were unchanged month- over-month and 1 higher year-over-year. The sales-to-listings ratio remained at 28%, as Burnaby South’s townhome market continued to favour sellers. The benchmark price in March was $768,400, 0.6% below February and 1.4% lower year-over-year. The average sold price was $780,568 (down 4% from February) with an average PSF sales price of $631 (up 4% vs February).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
47 13
46 13
2%
95 12
-51%
TOTAL SALES
0.0%
8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28%
28%
-2%
13%
119% -1.4% -0.3% 1.8%
$768,400 $773,400 $780,568 $813,284
-0.6% $779,500 -4% $782,750
$631
$607
4%
$620
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$779,500 $781,500 $760,600 $757,100 $769,600 $768,100 $768,400
104
102
95
93
68
47
46
22
22
17
14
13
12
7
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
4+ bdrms
BUYER'S MARKET
6
6
3 bdrms
25
7
<3 bdrms
. . . . 0 0 0 0 QD QD QD
16
S-L RATIO SALES INVENTORY
Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of April 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.
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