north delta TOWNHOME-MAY 2023
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 1.7% VS 2022
▼ 2% VS 2022
▼ 40% VS 2022
▲ 300% VS 2022
Therewere21 townhom elistingsin N orth D eltain M ay, 31% aboveApriland 40% lowerthan M ay2022. M aytownhom esalesdecreased by11% m onth-over-m onth,to8,and were300% aboveM ay 2022. Thesales-to-listing ratio fortow nhom esin N orth D elta, at38% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,025,000,a 8% increasefrom Apriland 2% below M ay2022. Theaveragesold pricewas$1,031,750,4% abovelast m onth;theaveragePSF salepricewas$564,down 5% to lastm onth.
THISMONTH No. $564 $1,031,750 $1,025,000 38% 8 21
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$613 $1,049,500 $1,049,500 6% 2 35
-8% -1.7% -2% 567% 300% -40%
$595 $988,100 $948,000 56% 9 16
-32% -11% 31%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
-5% 4% 8%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAY 202 ● MAY 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
39
35
27
26
22
25
19
24
21
1
16
16
9
8
13
5
8
4
4
9
3
7
6
5
2
$1.05M
$1.02M
$1.01M
$948K
$934K $920K
$870K $865K $835K
$820K $828K $780K
$749K
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
100%
12
4+ bdrms
6
10
75%
67%
4
8
3 bdrms
12
6
4
2 bdrms
15%
3
2
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
3 2 67%
13 2 15%
4 3 75%
1 1 100%
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