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?

June 1, 2017

gas gauge

Current:  N.Delta has a Sellers Market with 43 %SOLD rate and a 99% Sell/List ratio.  (This means that there is an average of a $9,000 Discount from Original list price)
            
Most Active Range: Homes between $850,000 - $925,000 have a high 55.3 %SOLD rate. 
            Least Active Range: Homes above $1.2 mill. have 22.2 %SOLD rate. 

History: North Delta Year-To-Date Home Price Index* HPIp (Top 50%) shows that that prices increased $8,550.
                The North Delta Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $58,766.
                *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Delta has average Listing supply; 98 homes are for sale and with 43 %SOLD monthly rate gives us about about ~2 months of inventory. 4% of the active listings have reduced their price by $19,000 on average or $19,500 on median for the last month. We project North Delta to be a continued sellers market. 

May's Real Estate Statistics show ALL 97 Markets are in a Strong Sellers Market and by most accounts, exceeding the 2016 Market Furious Activity Levels. This Consumer Confidence is largely due in part to an increased demand from a Large Local Investor Component and Lower Inventory Levels. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Increase of $40,337, which is a dramatic increase over the $23,408 increase that we saw in April and Single Family Homes in the Fraser Valley experienced an Average Monthly Price Increase of $25,106,​ which is a decrease from the $32,589 increase that we saw in April.

Currently 100% of the Attached Markets are increasing at a fast pace in Greater Vancouver's 58 Markets. Last year our Emotionally Charged Single Family Markets peaked in June/July and this year we are forecasting a prolonged Sellers Market across all 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 

Ladner, South Delta, Real Estate Market Update Report

 


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This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

North Delta, Surrey Real Estate Market Update Report.

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