DETACHED - DECEMBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 4 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
49 % DOWN
8 % UP
-
64 % UP
26 %
The number of detached listings in Burnaby North in December, at 88, were 42% lower month-over- month and 49% lower year-over-year. With 23 in December, detached sales were down by 4 month-over-month but 9 above last year. The sales-to-listings ratio jumped to 26%, as Burnaby North’s detached market became favour- able to sellers. The benchmark price in December was $1.39M, 0.6% above November 2019 but 4% lower than in December 2018. The average sold price was $1.62M, up 8% from the previous month and 8% above December 2018.
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
SELLER’S
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No. 152
% Change
No. 171
% Change
TOTAL LISTINGS
88 23
-42% -15% 47%
-49% 64% 219%
TOTAL SALES
27
14 8%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
26%
18%
$1,389,000 $1,380,700 0.6% $1,448,900
-4%
$1,623,435 $1,497,610
8% $1,502,750
8%
-
-
-
-
-
RATIO OF BENCHMARK PRICES ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
(MILLIONS)
$1.45
$1.40
$1.40
$1.39
$1.39
$1.38
$1.37
2.00
1.92
1.90
239
225
212
187
1.22
1.21
1.17
171
166
88
49
32
30
24
23
19
14
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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