north delta CONDO -DECEMBER 202
SALESTO LISTINGSRATIO 33% SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSFPRICE ▼ 21% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 9% VS2021
▼ 13% VS2021
▲ 80% VS2021
▼ 60% VS2021
Therewere18 condolistingsin N orth D eltain D ecem ber,28% below N ovem berand 80% higherthan D ecem ber2021. D ecem bercondo salesincreased by 50% m onth-over-m onth,to6,and were60% below D ecem ber 2021. Thesales-to-listing ratio forcondosin N orth D elta,at 33% ,reflected aselers'm arket. Thecondom edian pricein D ecem berwas$508,500,a 25% decreasefrom N ovem berand 13% below D ecem ber 2021. Theaveragesold pricewas$504,167,21% below last m onth;theaveragePSF salepricewas$558,down 13% to lastm onth.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
$558 $504,167 $508,500 33% 6 18
15 10
-21% -9% -13% -78% -60% 80%
$641 $637,750 $677,500 16% 4 25
-13% -21% -25% 108% 50% -28%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$710 $554,753 $582,000 150%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
27
29 29
25
28
24
23
25
22
19
15
15
15
18
14
13
10
8
1
6
9
6
6
6
5
4
$674K $674K $715K
$678K
$610K $610K $625K
$582K
$537K $541K
$509K
$500K $490K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
8
4+bdrms
6
3bdrms
4
50% 50%
4
3
2
2bdrms
14%
9
0
3
<$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
2 1 50%
8 4 50%
7 1 14%
1 0 n/a
5
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