north delta DETACHED -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 15% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 208 detached listingsin N orth D eltain O ctober,3% aboveSeptem berand 86% higherthan October2022. O ctoberdetached hom esalesincreased by 7% m onth-over-m onth,to 32,and were129% aboveO ctober 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 15% ,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,297,500,a 5% decreasefrom Septem berand 3% aboveO ctober 2022. Theaveragesold pricewas$1,393,260,0.6% below last m onth and up 10% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 10% VS 2022
▲ 3% VS 2022
▲ 86% VS 2022
▲ 129% VS 2022
THISMONTH No. $1,393,260 $1,297,500 15% 32 208
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$1,269,143 $1,263,000 13% 14 112
10% 3% 23% 129% 86%
$1,401,900 $1,360,000 15% 30 202
4% 7% 3%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
-0.6% -5%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
208
179
202
166
185
1.77
150
1.67
1.63
1.50
106
1.46
103
12
1.36
107
85
84
53
76
41
30
19
32
14
40
13
10
31
14
25
23
$1.45M $1.48M $1.45M $1.51M
$1.40M
$1.36M $1.30M
$1.26M $1.29M $1.27M $1.29M $1.27M $1.30M
22-Oct
23-Sep 23-Oct
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
100%+
80
60
40
21%
20
9%
6%
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
7 8 114%
80 17 21%
88 5 6%
23 2 9%
8 0 n/a
1 0 n/a
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