north delta DETACHED -OCTOBER 202
SALES TO LISTINGSRATIO 13% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 112 detached listingsin N orth D eltain O ctober,12% aboveSeptem berand 67% higherthan October2021. O ctoberdetached hom esalesdecreased by 26% m onth-over-m onth,to 14,and were67% below O ctober 2021. Thesales-to-listing ratio fordetached in N orth D elta,at 13% ,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,263,000,a 3% decreasefrom Septem berand 13% below O ctober 2021. Theaveragesold pricewas$1,269,143,1.5% below last m onth and down 16% toOctober2021.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 16% VS 2021
▼ 13% VS 2021
▲ 67% VS 2021
▼ 67% VS 2021
THISMONTH No. $1,269,143 $1,263,000 13% 14 112
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
43 67
-16% -13% -81% -67% 67%
$1,287,895 $1,300,000 19% 19 100
-1.5% -3% -34% -26% 12%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,508,634 $1,449,000 64%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
160
146
140
1.77
120
1.74
1.74
1.61
12
19
96
1.49
1.46
100
95
62
67
57
56
48
53
43
50
29
27
41
34
27
27
24
14
19
$1.66M $1.59M $1.56M $1.72M $1.73M
$1.45M $1.50M $1.59M
$1.39M $1.29M $1.25M $1.30M $1.26M
Oct-21
Sep-22
Oct-22
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
40
88%
30
20
10
19%
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
8 7 88%
36 7 19%
42 0 n/a
15 0 n/a
8 0 n/a
3 0 n/a
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