north delta CONDO -OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 38% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere34 condolistingsin N orth D eltain O ctober, 13% below Septem berand 79% higherthan O ctober 2022. O ctobercondosalesincreased by63% m onth-over-m onth,to13,and were63% aboveO ctober 2022. Thesales-to-listing ratio forcondosin N orth D elta,at 38% ,reflected aselers'm arket. Thecondom edian pricein Octoberwas$519,000,a15% decreasefrom Septem berand 6% aboveO ctober2022. Theaveragesold pricewas$553,569,3% below last m onth;theaveragePSF salepricewas$675,down 5% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 53% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 20% VS 2022
▲ 6% VS 2022
▲ 79% VS 2022
▲ 63% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13 34
$442 $461,125 $489,500 42% 8 19
53% 20% 6% -9% 63% 79%
$714 $571,750 $612,500 21% 8 39
-5% -3% -15% 86% 63% -13%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$675 $553,569 $519,000 38%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
38
40 39
34
25
24
27
20 20
19
18 17
18
13
10
12
6
8
4
3
3
8
8
7 7
4
$678K
$613K
$598K
$566K
$550K $520K
$520K $520K $510K
$519K
$509K $512K
$490K
NORTH DELTA FVREB
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
20
4+ bdrms
15
1
3 bdrms
2
50%
10
33%
8
5
2 bdrms
17
0
4
<$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
21 7 33%
12 6 50%
1 0 n/a
15
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