north delta TOWNHOME-FEBRUARY 2023
SALES TO LISTINGSRATIO 25% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere16 townhom elistingsin N orth D eltain February,23% aboveJanuaryand 100% higherthan February2022. Februarytownhom esalesdecreased by33% m onth-over-m onth,to 4,and were64% below February 2022. Thesales-to-listing ratio fortow nhom esin N orth D elta, at25% ,reflected aselers'm arket. Thetownhom em edian pricein Februarywas$827,500,a 0.9% increasefrom Januaryand 35% below February 2022. Theaveragesold pricewas$821,250,3% abovelast m onth;theaveragePSF salepricewas$583,up 11% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 32% VS 2022
▼ 35% VS 2022
▲ 100% VS 2022
▼ 64% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$583 $821,250 $827,500 25% 4 16
$624 $1,201,871 $1,280,000 138% 11 8
-7% -32% -35% -82% -64% 100%
$527 $800,833 $820,000 46% 6 13
11% 3% 0.9% -46% -33% 23%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● FEB 202 ● FEB 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
39
30
35
27
26
22
21
25
24
16
13
1
10
9
1
6
5
4
3
8
2
7
4
5
5
$1.28M
$1.15M
$1.05M
$1.05M
$1.01M
$934K
$920K $870K $865K $835K
$820K $828K
$749K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
6
1
4+ bdrms
5
5
4
3
60%
3 bdrms
11
3
2
2 bdrms
17%
1
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
6 1 17%
5 3 60%
4 0 n/a
1 0 n/a
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