north delta DETACHED -MARCH 2023
SALES TO LISTINGSRATIO 22% SELLERS'M ARKET
▶ MARKETSUMMARY Therew ere 103 detached listingsin N orth D eltain M arch,21% aboveFebruaryand 8% higherthan M arch 2022. M arch detached hom esalesincreased by 21% m onth-over-m onth,to 23,and were59% below M arch 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 22% ,reflected aselers'm arket. Thedetachedm edian pricein M arch was$1,299,000,a 1.9% increasefrom Februaryand 22% below M arch 2022. Theaveragesold pricewas$1,336,043,1.1% below last m onth and down 22% toM arch 2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 22% VS 2022
▼ 22% VS 2022
▲ 8% VS 2022
▼ 59% VS 2022
THISMONTH No. $1,336,043 $1,299,000 22% 23 103
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
56 95
-22% -22% -62% -59% 8%
19 85
21% 21%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,351,249 $1,275,000 22%
-1.1% 1.9% -0.1%
$1,720,907 $1,655,500 59%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
160
146
140
120
1.67
12
1.58
106
1.54
19
103
1.47
1.42
1.38
100
56 95
85
84
76
29
27
19
34
14
14
23
10 13
27
24
19
$1.66M $1.59M $1.56M
$1.39M $1.29M
$1.25M $1.30M $1.26M $1.29M $1.27M $1.29M $1.27M $1.30M
22-Mar
23-Feb
23-Mar
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
35
30
25
20
57%
45%
15
10
12%
5
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
2 0 n/a
7 4 57%
33 15 45%
34 4 12%
17 0 n/a
8 0 n/a
2 0 n/a
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