north delta TOWNHOME - NOVEMBER 2 0 2 4
SALES TO LISTINGS RATIO 14% BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▲ 6% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 81% VS 2023
▼ 19% VS 2023
▼ 10% VS 2023
0.0% VS 2023
There were 29 townhome listings in North Delta in November, 6% below October and 81% higher than November 2023. November townhome sales remained the same month-over-month, at 4, and were the same in November 2023. The sales-to-listing ratio for townhomes in North Delta, at 14%, reflected a balanced market. The townhome median price in November was $880,000, a 5% increase from October and 10% below November 2023. The average sold price was $840,500, 0.8% below last month; the average PSF sale price was $607, up 10% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$607 $840,500 $880,000 14% 4 29
$574 $1,036,700 $975,000 25% 4 16
6% -19% -10% -45% 0% 81%
$549 $847,250 $841,500 13% 4 31
5% 7% 0% -6%
10% -0.8%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● NOV 2023 ● NOV 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
31
29
30
29
28
24
25
21
16
18 10
16
14
9
8
6
5
7
4
6
4
2
5
5
4
1
$1.14M
$975K
$940K
$950K
$936K
$938K
$935K
$890K
$873K
$880K
$860K
$842K
$795K
NORTH DELTA
FVREB
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
12
4+ bdrms
13
10
8
4
3 bdrms
15
6
33%
4
20%
2 bdrms
1
2
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
1 0 n/a
5 1 20%
9 3 33%
12 0 n/a
2 0 n/a
Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of December 9, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 27 ●
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