DETACHED - DECEMBER 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
34 % DOWN
15 % DOWN
-
163 % UP
BALANCED 18 %
There were 116 detached listings in the Burnaby South market area in December, 33% below last month and 34% lower vs December 2018. Detached sales fell by 19, to 21, between November and December, and were 13 higher year-over-year. The sales-to-listings ratio decreased to 18%, as Burnaby South’s detached segment transitioned to balanced market territory. The benchmark price in December was $1.49M, 0.6% above the previous month but a 5% decline vs last year. The average sold price for detached homes was $1.76M, 10% higher month-over-month but 15% below December of last year.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 174
% Change
No. 177
% Change
TOTAL LISTINGS
116
-33% -48% -21%
-34% 163% 301%
TOTAL SALES
21
40
8
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18%
23%
5%
$1,494,500 $1,486,200 0.6% $1,569,800
-5%
$1,757,965 $1,603,045
10% $2,075,000 -15%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.57
$1.54
$1.53
$1.50
$1.49
$1.47
$1.47
1.99
1.96
1.93
242
225
222
206
192
1.19
1.17
1.15
177
116
30
26
23
21
19
8
7
Dec-18
Nov-19
Dec-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
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 January 6, 2020. All data from RealEstateBoardof 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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