north delta TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 23% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere22 townhom elistingsin N orth D eltain D ecem ber,15% below N ovem berand 175% higherthan D ecem ber2021. D ecem bertownhom esalesincreased by25% m onth-over-m onth,to5,and were58% below D ecem ber 2021. Thesales-to-listing ratio fortow nhom esin N orth D elta, at23% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas $1,010,000,a21% increasefrom N ovem berand 7% aboveD ecem ber2021. Theaveragesold pricewas$929,900,19% abovelast m onth;theaveragePSF salepricewas$470,down 3% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 17% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 1.7% VS2021
▲ 7% VS2021
▲ 175% VS2021
▼ 58% VS2021
THISMONTH No. $470 $929,900 $1,010,000 23% 5 22
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$565 $913,918 $940,500 150% 12 8
-17% 1.7% 7% -85% -58% 175%
$487 $780,950 $835,000 15% 4 26
-3% 19% 21% 48% 25% -15%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
39
30
35
27
26
21
25 24
22
12
1
1
10
9
7
8
5
4
3
8
5
2
7
5
3
$1.28M
$1.15M
$1.05M
$1.05M
$1.01M
$941K
$934K
$920K $870K $865K $835K
$800K
$749K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
10
1
100%+
4+bdrms
6
8
4
6
3bdrms
15
4
2bdrms
2
1
13% 10%
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2bdrms
S-LRATIO SALES INVENTORY
8 1 13%
10 1 10%
2 3 150%
2 0 n/a
Copyright© January4,2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJanuary4,2023.Aldatafrom RealEstateBoardofGreater VancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Al inform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E. 27 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online