north delta DETACHED -JANUARY 2023
SALES TO LISTINGSRATIO 18% BALANCEDMARKET
▶ MARKETSUMMARY Therew ere 76 detached listingsin N orth D eltain January,10% below D ecem berand 43% higherthan January2022. January detached hom esalesincreased by m onth-over-m onth,to 14,and were48% below January 2022. Thesales-to-listing ratio fordetached in N orth D elta,at 18% ,reflected abalanced m arket. Thedetachedm edian pricein Januarywas$1,287,000,a 1.5% increasefrom D ecem berand 25% below January 2022. Theaveragesold pricewas$1,306,179,1.1% abovelast m onth and down 27% toJanuary2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 27% VS 2022
▼ 25% VS 2022
▲ 43% VS 2022
▼ 48% VS 2022
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
14 76
27 53
-27% -25% -64% -48% 43%
13 84
1.1% 1.5% 19% 8% -10%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,306,179 $1,287,000 18%
$1,291,769 $1,268,000 15%
$1,781,435 $1,720,000 51%
▶ RATIO OFMEDIAN PRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
160
146
140
2.15
120
12
1.99
106
19
96
100
95
1.571.60
84 76
57
56
1.26
53
1.19
29
27
34
14
13
10
27
27
24
14
19
$1.66M $1.59M $1.56M $1.72M $1.73M
$1.39M $1.29M $1.25M $1.30M $1.26M $1.29M $1.27M $1.29M
Jan-22
Dec-22
Jan-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-L RATIO
30
100%
25
20
15
36%
10
33%
5
4%
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 1 100%
6 2 33%
28 10 36%
24 1 4%
11 0 n/a
5 0 n/a
1 0 n/a
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