TOWNHOME - DECEMBER 2019 burnaby south
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
27 % DOWN
1.1 % DOWN
367 % UP
SELLER’S 32 %
Townhome listings in the Burnaby South market area in December (at 44) were down 34% from last month and 27% below last year. The 14 townhome sales were unchanged from November but 11 above December 2018. The sales-to-listings ratio jumped to 32%, as Burnaby South’s townhome segment remained a seller’s market. The benchmark price in December was $762,600, 0.9% below November and 4% lower year-over-year. The average sold price was $844,554 (up 8% from November) with an average PSF sales price of $575 (up 9% vs November).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
44 14
67 14
-34% 0.0% 52%
60
-27% 367% 536% -1.1% -16% -4%
TOTAL SALES
3
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
32%
21%
5%
$762,600 $769,600 $844,554 $779,836
-0.9% $790,800 8% $853,667
$575
$529
9%
$688
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$790,800 $807,300 $768,100 $762,600 $767,000 $776,600 $762,600
113
104
99
84
82
60
44
23
18
18
14
12
7
3
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
3
4+ bdrms
BUYER'S MARKET
4
5
3 bdrms
27
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD
13
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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