north delta DETACHED -AUGUST 2023
SALES TO LISTINGSRATIO 14% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 29% VS 2022
▲ 20% VS 2022
▲ 55% VS 2022
▼ 14% VS 2022
Therew ere 185 detached listingsin N orth D eltain August,3% aboveJulyand 55% higherthan August2022. Augustdetached hom esalesdecreased by19% m onth-over-m onth,to25,and were14% below August 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 14% ,reflected abalanced m arket.
THISMONTH No. $1,668,825 $1,510,000 14% 25 185
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,295,414 $1,255,000 24% 29 119
29% 20% -45% -14% 55%
$1,475,226 $1,451,000 17% 31 179
13% 4% -22% -19% 3%
Thedetachedm edian pricein Augustwas$1,510,000,a 4% increasefrom Julyand 20% aboveAugust2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,668,825,13% abovelast m onth and up 29% toAugust2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
185
166
179
150
1.94
1.77
12
19
106
103
1.67
107
100
1.47
1.43
85
84
1.36
76
53
41
29
40
14
14
25
13
10
31
23
19
19
$1.45M $1.48M $1.45M $1.51M
$1.40M
$1.25M $1.30M $1.26M $1.29M $1.27M $1.29M $1.27M $1.30M
22-Aug
23-Jul 23-Aug
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
80
60
40
50%
20
17%
16%
14%
14%
10%
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
6 1 17%
70 11 16%
77 8 10%
21 3 14%
7 1 14%
2 1 50%
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