north delta CONDO -NOVEMBER 202
SALES TO LISTINGSRATIO 16% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 24% VS 2021
▲ 31% VS 2021
▲ 19% VS 2021
▼ 69% VS 2021
Therewere25 condolistingsin N orth D eltain N ovem ber,32% aboveO ctoberand 19% higherthan N ovem ber2021. N ovem bercondosalesdecreased by50% m onth-over-m onth,to 4,and were69% below N ovem ber 2021. Thesales-to-listing ratio forcondosin N orth D elta,at 16% ,reflected abalanced m arket. Thecondom edian pricein N ovem berwas$677,500,a 38% increasefrom O ctoberand 31% aboveN ovem ber 2021. Theaveragesold pricewas$637,750,38% abovelast m onth;theaveragePSF salepricewas$641,up 45% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$641 $637,750 $677,500 16% 4 25
13 21
-4% 24% 31% -74% -69% 19%
$442 $461,125 $489,500 42% 8 19
45% 38% 38% -62% -50% 32%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$669 $514,838 $515,500 62%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2021 ● NOV 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
27
29 29
25
28
24
23
25
21
22
19
15
15
15
14
13
13
8
1
10
6
9
6
6
5
4
$674K $674K $715K
$678K
$610K $610K $625K
$582K
$537K $541K
$516K
$500K $490K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
4+ bdrms
12
10
2
8
3 bdrms
3
43%
6
1
4
2 bdrms
13
2
7%
0
1
<$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
3 0 n/a
14 1 7%
7 3 43%
1 0 n/a
9
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