Vancouver Community Series – Burnaby

Burnaby

We are into the second day of the Vancouver community series.

Yesterday you had a look at Coquitlam’s results. Today, it’s Burnaby’s turn.

During the two periods August 25/10 to September 25/10 and September 25/10 to October 25/10, detached properties in the Burnaby community revealed these results.

Listings

Total Listings decreased from Aug/Sept’s 556 to Sept/Oct’s 514.

Sales

Sales dropped. Aug/Sept 73 while Sept/Oct had 47 sales.

Expired, Reductions, Increases, Days on Market

  • Aug/Sept had 54 listing mandates expire. That slowed to 38 in Sept/Oct.
  • Price reductions in Aug/Sept were 142 dropping to 118 in Sept/Oct.
  • There were only 9 price increases in Aug/Sept. Sept/Oct saw 10 price increases.
  • It took 48 days to sell a home in Aug/Sept. Days on Market reduced to 38 in Sept/Oct.

Average and Median Prices

  • Aug/Sept’s Average Ask price was $790,005. It increased to $841,993 in Sept/Oct.
  • The Median Ask price in Aug/Sept was $729,000. This increased to $769,000 in Sept/Oct.
  • The Average Sold price in the Aug/Sept was $762,443. Sept/Oct saw sold prices increase to $814,602.
  • The Median Sold price in Aug/Sept was $730,000. Sept/Oct increased to $778,000.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

Comment On This Post

will not be published
http://www.yourwebsite.com