north delta TOWNHOME-AUGUST 2023
SALES TO LISTINGSRATIO 35% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere17 townhom elistingsin N orth D eltain August,11% below Julyand 32% lowerthan August 2022. Augusttownhom esalesdecreased by40% m onth-over-m onth,to 6,and were45% below August 2022. Thesales-to-listing ratio fortow nhom esin N orth D elta, at35% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$905,000,a 11% decreasefrom Julyand 1.6% below August2022. Theaveragesold pricewas$939,481,5% below last m onth;theaveragePSF salepricewas$603,up 5% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 17% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.1% VS 2022
▼ 1.6% VS 2022
▼ 32% VS 2022
▼ 45% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$603 $939,481 $905,000 35% 6 17
11 25
17% -1.1% -1.6% -20% -45% -32%
10 19
-11% -33% -40% -11%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$516 $949,727 $920,000 44%
$574 $987,430 $1,011,250 53%
5% -5%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● AUG 202 ● AUG 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
27
25
26
22
21
24
19
19
20
17
16
16
1
10
13
9
9
8
6
8
7
6
5
4
4
3
$1.02M
$1.01M
$1.01M
$948K
$920K
$898K
$905K
$870K $865K $835K
$820K $828K $780K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
8
4+ bdrms
6
6
6
3 bdrms
56%
7
4
2 bdrms
17%
2
4
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
1 0 n/a
9 5 56%
6 1 17%
1 0 n/a
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