north delta DETACHED -MAY 2023
SALES TO LISTINGSRATIO 27% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 6% VS 2022
▼ 7% VS 2022
▲ 7% VS 2022
▲ 48% VS 2022
Therew ere 150 detached listingsin N orth D eltain M ay, 40% aboveApriland 7% higherthan M ay2022. M ay detached hom esalesdecreased by 2% m onth-over-m onth,to40,and were48% aboveM ay 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 27% ,reflected aselers'm arket.
THISMONTH No. $1,553,282 $1,445,000 27% 40 150
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,655,178 $1,555,000 19% 27 140
-6% -7% 38% 48% 7%
$1,516,123 $1,400,000 38% 41 107
2% 3% -30% -2% 40%
Thedetachedm edian pricein M aywas$1,445,000,a3% increasefrom Apriland 7% below M ay2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,553,282,2% abovelast m onthand down 6% toM ay2022.
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
160
150
146
140
1.94
12
106
1.82
103
1.81
19
107
100
85
1.48
1.48
84
1.41
76
41
40
29
27
19
27
14
14
13
10
24
23
19
$1.56M
$1.40M $1.45M
$1.39M $1.29M
$1.25M $1.30M $1.26M $1.29M $1.27M $1.29M $1.27M $1.30M
22-May
23-Apr
23-May
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
60
50
83%
40
30
39%
20
23%
18%
10
4%
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
6 5 83%
46 18 39%
62 14 23%
23 1 4%
11 2 18%
2 0 n/a
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