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

The North Delta Housing Market Trends

Index Abbotsford Burnaby Chilliwack Coquitlam N. Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock 温哥华房地产投资

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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?

Jan 1, 2021

Current: N.Delta has a Seller Market with 41 %SOLD rates and a 99% Sell/List ratio.
(This means that there is an average of a $8,000 Discount from Original list price)

Most Active Range: Homes below $980,000 have a high 57.1 %SOLD rate.
Least Active Range: Homes above $1.15 mill. have 26.7 %SOLD rate.

History: North Delta Year-To-Date Home Price Index* HPIp (Top 50%) shows that prices increased $165,876.
The North Delta Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $81,518.
*The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Delta has average Listing supply; 68 homes are for sale and with 41 %SOLD monthly rates gives us about ~2 months of inventory. 1% of the active listings have reduced their price by $2,000 on average or $2,000 on median for the last month. We project North Delta to be a continued Seller market.

December's Real Estate Statistics continue to show a highly emotional market. We have seen 100% of the Single-Family Homes in Metro Vancouver are in a Seller's Market. The Average Monthly Price jumped up to $56,358! ON the other hand, December's Real Estate Statistics shows that in this highly emotional market that 100% of the Fraser Valley Detached Markets went up this month. The Average Monthly Price jumped up a whopping $40,716. This is the Highest December Price increase on record. This seller's market is partly due to the fact that we have Record-Low listing levels. We are forecasting that the Metro Vancouver Markets will continue to be a Seller's Market for the coming month.

Currently, Condos are in a more subdued Seller's Market with 60% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. The average monthly price increase was a mere $1,522. At the same time, 26 out of 28 Townhouse Markets increased an average of $7,187. We analyze and provides 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. 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 Neighborhood.

Index Abbotsford Burnaby Chilliwack Coquitlam Langley New West - Burnaby E.North Langley North Delta Maple Ridge Mission Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End East Vancouver West Van North Van Other Canadian and American Cities Chinese and World Cities

North Delta's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $940,000+

What Is Your Home Value, Profit; Return On Investment?
你的房屋价值 ,利润, 投资收益率知多少?

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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets.

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Forecast Adjustments ?

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.

Download the full North Delta.Marketupdatereport.PDF

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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Bill Coughlin
EXP Realty

For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

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1-778-374-3744
Coughlinb@gmail.com

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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.

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