TOWNHOME - DECEMBER 2019 burnaby north
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
7 % DOWN
3 % DOWN
0.0 %
28 % DOWN
325 % UP
SELLER’S 44 %
The number of townhome listings in Burnaby North decreased 39% from last month, settling at 39, and were 28% below December 2018. Townhome sales, at 17, were up by 3 vs last month and 13 above December 2018. The sales-to-listings ratio jumped to 44% in December, as Burnaby North’s townhome segment remained a seller’s market. The benchmark price in December was $724,200, 0.6% below November and relatively unchanged from December 2018. The average sold price was $711,706 in December, (increasing 6% vs November) while the average PSF sales price was $523 (decreasing 6%).
VS 2018
VS 2018
VS 2018
VS 2018
VS 2018
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
39 17
64 14
-39% 21% 99%
54
-28% 325% 488% 0.0%
TOTAL SALES
4
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
44%
22%
7%
$724,200 $728,500 $711,706 $674,464
-0.6% $724,400 6% $767,250
-7% -3%
$523
$557
-6%
$540
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES TOTAL INVENTORY BENCHMARK PRICE
$724,400 $715,300 $709,200 $725,500 $721,500 $723,900 $724,200
76
75
72
66
56
54
39
22
20
17
16
13
11
4
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
4+ bdrms
BUYER'S MARKET
3
11
3 bdrms
24
6
<3 bdrms
. . . . 0 0 0 0 QD QD QD QD
12
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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