north delta TOWNHOME-MARCH 2023
SALES TO LISTINGSRATIO 42% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere19 townhom elistingsin N orth D eltain M arch,19% aboveFebruaryand 10% lowerthan M arch 2022. M arch townhom esalesincreased by100% m onth-over-m onth,to 8,and were20% below M arch 2022. Thesales-to-listing ratio fortow nhom esin N orth D elta, at42% ,reflected aselers'm arket. Thetownhom em edian pricein M arch was$779,750,a 6% decreasefrom Februaryand 26% below M arch 2022. Theaveragesold pricewas$815,063,0.8% below last m onth;theaveragePSF salepricewas$512,down 12% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 19% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 16% VS 2022
▼ 26% VS 2022
▼ 10% VS 2022
▼ 20% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change -19% -16% -26% -12% -20% -10%
No.
% Change
TOTALLISTINGS TOTALSALES
$512 $815,063 $779,750 42% 8 19
10 21
$583 $821,250 $827,500 25% 4 16
-12% -0.8% -6% 68% 100% 19%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$635 $971,000 $1,049,000 48%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 202 ● MAR 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
39
30
35
27 26
22
25 24
19
21
1
16
9
13
10
5
4
4 8
3
2
7
6
5
5
$1.15M
$1.05M
$1.05M
$1.01M
$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
10
2
100%+
4+ bdrms
9
8
6
6
3 bdrms
9
4
30%
2 bdrms
20%
1
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 4 133%
10 3 30%
5 1 20%
1 0 n/a
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