north delta DETACHED -JULY 2023
SALES TO LISTINGSRATIO 17% BALANCEDMARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 8% VS 2022
▲ 12% VS 2022
▲ 23% VS 2022
▲ 29% VS 2022
Therew ere 179 detached listingsin N orth D eltain July, 8% aboveJuneand 23% higherthan July2022. July detached hom esalesdecreased by 42% m onth-over-m onth,to31,and were29% aboveJuly 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 17% ,reflected abalanced m arket.
THISMONTH No. $1,475,226 $1,451,000 17% 31 179
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,371,242 $1,290,000 16% 24 146
8% 12% 5% 29% 23%
$1,567,489 $1,480,000 32% 53 166
-46% -42% 8%
Thedetachedm edian pricein Julywas$1,451,000,a 2.0% decreasefrom Juneand 12% aboveJuly2022.
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
Theaveragesold pricewas$1,475,226,6% below last m onth and up 8% toJuly2022.
-6% -2%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
179
166
150
146
1.94
12
106
1.73
103
19
1.65
107
1.53
100
1.43
85
84
1.38
76
53
41
29
31
40
14
14
24
13
10
23
19
19
$1.40M $1.45M $1.48M $1.45M
$1.29M $1.25M $1.30M $1.26M $1.29M $1.27M $1.29M $1.27M $1.30M
22-Jul
23-Jun 23-Jul
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
70
60
50
40
30
27%
20
19%
10
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
1 0 n/a
4 0 n/a
71 19 27%
64 12 19%
27 0 n/a
9 0 n/a
3 0 n/a
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