TOWNHOME MARCH burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE 3 % UP
BENCHMARK PRICE 0.2 % UP
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
5 % DOWN
29 % DOWN
50 % UP
SELLER’S 43 %
The number of townhome listings in Burnaby North declined 13% from last month, settling at 42, and was 29% below March 2019. Townhome sales, at 18, were 5 higher vs last month and 6 above March 2019. The sales-to-listings ratio increased to 43% in March, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in March remained unchanged from February at $727,700, and was relatively unchanged vs March 2019. The average sold price was $703,017 in March, (increasing 16% vs February) while the average PSF sales price was $541 (increasing 14%).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
42 18
48 13
-13% 38% 58%
59 12
-29% 50% 111% 0.2%
TOTAL SALES
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
43%
27%
20%
$727,700 $727,700 $703,017 $605,470
0.0% $726,000 16% $740,125
-5%
$541
$474
14%
$524
3%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$726,000 $730,300 $723,100 $729,500 $728,500 $720,700 $727,700
80
75
68
65
59
42
36
19
18
17
15
14
13
12
BURNABY NORTH 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
12
3 bdrms
23
5
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
14
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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