Vancouver Real Estate Market Update Reports / North Delta Real Estate Market Update Forecast Report

   The North Delta Housing Market Trends


  North Delta Real Estate Market Reports and Forecasts

N. Delta Market Update (Detached)
Scottsdale, Sunshine Hills Woods, Annieville, Nordel sub-areas of North Delta Real Estate Market Update Report.

What are North Delta's Best and Worst Investments?

Aug 1, 2017

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Current:  N.Delta has a Sellers Market with  19 %SOLD rate and a 99% Sell/List ratio.  (This means that there is an average of a $3,000 Discount from Original list price)
            
Most Active Range: Homes below $850,000 - $925,000 have a high 30.9 %SOLD rate. 
            Least Active Range: Homes above $1.2 mill. have 6.9 %SOLD rate. 

History: North Delta Year-To-Date Home Price Index* HPIp (Top 50%) shows that that prices increased $35,000.
                The North Delta Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $50,463.
                *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Delta has average Listing supply; 178 homes are for sale and with 19 %SOLD monthly rate gives us about about ~5 months of inventory. 8% of the active listings have reduced their price by $37,905 on average or $22,000 on median for the last month. We project North Delta to be a continued sellers market.

July's Real Estate Statistics show our Markets have NORMLIZED with 52% of Vancouver's Detached Markets increasing values this month. Gone of the Exhausting Highly Emotional Charged Markets that we have seen in the last few years. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Increase of just $7,343, which is a small decrease over the $8,046 increase that we saw in June. Average Increase in Fraser Valley Markets has also normalized with a $6,045 monthly increase. Single Family Homes in the Fraser Valley experienced an Average Monthly Price Increase of $6,045, which is a major decrease over the $19,160 increase that we saw in June. Last year our Single Family Markets peaked in June/July and this year we are forecasting the end of the Sellers Market across most Detached Markets.

Currently 88% of the Attached Markets are increasing at a fast pace in Greater Vancouver (51 of 58 Markets). We continue to analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.

We thank Tom Edwards for his support of these North Delta Real Estate Market Updates which include sub-areas Annieville, Nordel, Scottsdale, Sunshine Hills Woods. Contact Tom as the Local Expert..... more details.

Annieville, Sunshine Hills Woods,Nordel, Scottsdale sub areas of North Delta Real Esate Report

Annieville, Sunshine Hills Woods,Nordel, Scottsdale sub areas of North Delta Real Esate Report

Annieville, Sunshine Hills Woods,Nordel, Scottsdale sub areas of North Delta Real Esate Report

Annieville, Sunshine Hills Woods,Nordel, Scottsdale sub areas of North Delta Real Esate Report

Download the full North Delta.Marketupdatereport.PDF

This North Delta Real Estate Market update includes the sub areas  Annieville, Sunshine Hills Woods,Nordel, Scottsdale.

This North Delta Real Estate Market update includes the sub areas  Annieville, Sunshine Hills Woods,Nordel, Scottsdale.

This North Delta Real Estate Market update includes the sub areas  Annieville, Sunshine Hills Woods,Nordel, Scottsdale.

This North Delta Real Estate Market update includes the sub areas  Annieville, Sunshine Hills Woods,Nordel, Scottsdale.

This North Delta Real Estate Market update includes the sub areas Nordel, Scottsdale, Annieville, Sunshine Hills Woods.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

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