Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.
Burnaby East
Burnaby East had 11 sales and 42 active listings for detached homes at the end of the month. The benchmark sales price was $1,159,600.
The condo market featured 13 sales, 40 active listings, and a benchmark sales price was $ 718,100.
The townhome market had 8 sales and 27 active listings. The benchmark sale price was $658,700.
It’s a seller’s market in Burnaby East.
Burnaby North
In September, Burnaby North market had 27 sales and 147 active listings for detached homes. The benchmark sale price was $1,380,700.
There were 86 sales and 201 active listings for condos. The benchmark sale price was $595,900.
The townhome market had 14 sales and 58 active listings. The benchmark sale price was $728,500.
It’s a seller’s market for condos in Burnaby North.
Burnaby South
In Burnaby South, there were 40 sales of detached homes and 170 active listings at the end of the month. The benchmark sale price was $1,486,200.
In comparison, the condo market had 110 sales, 319 active listings and a benchmark sale price of $647,300.
The townhome market had 14 sales and 64 active listings. The benchmark sale price was $769,600.
It’s a seller’s market for condos in Burnaby South.
Bowen Island
Coquitlam
Ladner
Pitt Meadows
Port Coquitlam
Port Moody
Richmond
Tsawwassen
Maple Ridge
New Westminster
North Vancouver
Vancouver-East
Vancouver-West
West Vancouver
Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver?
Macdonald Realty has offices across the Greater Vancouver. Please email [email protected] or call 1.877.278.3888 to be matched with a REALTOR® working in your area.
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) rebgv.org
