north delta CONDO -MAY 202
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 30% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2021
▲ 9% VS 2021
▼ 24% VS 2021
▼ 39% VS 2021
Therewere31 condolistingsin N orth D eltain M ay,7% aboveApriland 24% lowerthan M ay2021.
M aycondosalesincreased by22% m onth-over-m onth,to 11,and were39% below M ay2021.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin N orth D elta,at 35% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
11 31
18 41
30% 14% 9% -19% -39% -24%
$745 $548,278 $537,000 31% 9 29
14% 22% 7%
Thecondom edian pricein M aywas$565,000,a5% increasefrom Apriland 9% aboveM ay2021. Theaveragesold pricewas$560,364,2% abovelast m onth;theaveragePSF salepricewas$735,down 1.4% tolastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$735 $560,364 $565,000 35%
$564 $492,022 $517,500 44%
-1.4% 2% 5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 2021 ● MAY 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
41
40
30
34
31
27
30
29
28
22
21
19
18
17
15
15
18
13
1
1
13
12
1
10
9
6
$674K $674K $715K
$582K
$560K
$537K $565K
$518K $528K
$517K $516K
$445K $460K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
12
4+ bdrms
10
8
1
3 bdrms
55%
4
50%
6
4
5
23%
2 bdrms
20%
16
2
0
5
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
2 1 50%
11 6 55%
13 3 23%
5 1 20%
11
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