north delta CONDO -JUNE 2023
SALES TO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 4% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 3% VS 2022
▼ 15% VS 2022
▲ 8% VS 2022
▼ 53% VS 2022
Therewere27 condolistingsin N orth D eltain June,35% aboveM ayand 8% higherthan June2022.
Junecondo salesdecreased by13% m onth-over-m onth, to7,and were53% below June2022.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
Thesales-to-listing ratio forcondosin N orth D elta,at 26% ,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES
$676 $574,571 $520,000 26% 7 27
15 25
-15% -57% -53% 8%
$706 $571,500 $565,500 40% 8 20
-4% 0.5% -8% -35% -13% 35%
Thecondom edian pricein Junewas$520,000,a8% decreasefrom M ayand 15% below June2022. Theaveragesold pricewas$574,571,0.5% abovelast m onth;theaveragePSF salepricewas$676,down 4% to lastm onth.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$706 $591,733 $610,000 60%
-4% -3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUN 202 ● JUN 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
27
25
24
24
25
23
22
20 20
19
15
18
18
17
12
8
6
6
7
8
4
6
5
4
3
3
$678K
$610K $610K $625K
$598K
$566K
$550K $520K
$520K
$509K $512K
$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
12
4+ bdrms
10
8
3 bdrms
2
6
42%
4
5
2 bdrms
20%
16
2
0
2
<$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
1 0 n/a
12 5 42%
10 2 20%
4 0 n/a
9
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