north delta DETACHED -JUNE 202
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2021
▲ 16% VS 2021
▲ 0.6% VS 2021
▼ 59% VS 2021
Therewere160 detached listingsin N orth D eltain June, 14% aboveM ayand 0.6% higherthan June2021. Junedetached hom esalesrem ained thesam e m onth-over-m onth,at27,and were59% below June 2021. Thesales-to-listing ratio fordetached in N orth D elta,at 17% ,reflected abalanced m arket.
THISMONTH No. $1,374,484 $1,390,000 17% 27 160
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,315,233 $1,200,000 42% 66 159
5% 16% -59% -59% 0.6%
$1,655,178 $1,555,000 19% 27 140
-17% -11% -12% 0% 14%
Thedetachedm edian pricein Junewas$1,390,000,a 11% decreasefrom M ayand 16% aboveJune2021.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,374,484,17% below last m onth and up 5% toJune2021.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
160
159
140
124
120
1.94
1.86
96
1.60
76
95 56
67
1.48
62
62
81
1.42
58
66
48
64
43
1.23
53
50
41
27
34
32
27
27
$1.66M $1.59M $1.56M $1.72M $1.72M
$1.50M $1.59M
$1.45M
$1.39M
$1.23M $1.29M $1.33M
$1.20M
Jun-21
May-22
Jun-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
80
100%
60
40
31%
20
9%
0
<$600K
$600-799K
$800-999K
$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M
$2.0M -2.49M
$2.5M -2.99M
$3M+
S-L RATIO SALES INVENTORY
2 0 n/a
8 8 100%
39 12 31%
81 7 9%
17 0 n/a
9 0 n/a
4 0 n/a
Copyright© July5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly5,202 .Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
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