north delta TOWNHOME-OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 40% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere15 townhom elistingsin N orth D eltain O ctober,nochangetoSeptem berand 44% lowerthan October2022. O ctobertownhom esalesdecreased by14% m onth-over-m onth,to 6,and were33% below O ctober 2022. Thesales-to-listing ratio fortow nhom esin N orth D elta, at40% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$866,444,a 13% decreasefrom Septem berand 0.2% aboveO ctober 2022. Theaveragesold pricewas$828,981,21% below last m onth;theaveragePSF salepricewas$530,down 8% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 0.3% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 0.9% VS 2022
▲ 0.2% VS 2022
▼ 44% VS 2022
▼ 33% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
$530 $828,981 $866,444 40% 6 15
$532 $836,667 $865,000 33% 9 27
-0.3% -0.9% 0.2% 20% -33% -44%
$574 $1,043,686 $999,000 47% 7 15
-8% -21% -13% -14% -14% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
27
26
22
21
19
19
20
17
15
16
16
15
10
13
9
9
8
7
6
8
6
7
6
5
4
4
$1.02M
$1.01M
$1.01M
$999K
$948K
$898K
$905K
$865K $835K
$866K
$820K $828K $780K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
7
1
100%
4+ bdrms
6
4
5
4
3 bdrms
4
9
50%
50%
43%
3
1 1
2
2 bdrms
1
0
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
1
S-L RATIO SALES INVENTORY
1 1 100%
2 1 50%
7 3 43%
2 1 50%
3 0 n/a
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