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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?

Aug 1, 2019

Current: N.Delta has a Seller Market with 16 %SOLD rates and a 95% Sell/List ratio.
(This means that there is an average of a $42,323 Discount from Original list price)

Most Active Range: Homes below $875,000 have a high 30.4 %SOLD rate.
Least Active Range: Homes above $1.2 mill. have 6.3 %SOLD rate.

History: North Delta Year-To-Date Home Price Index* HPIp (Top 50%) shows that prices decreased $41,032.
The North Delta Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $20,538.
*The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: North Delta has average Listing supply; 218 homes are for sale and with 16 %SOLD monthly rates gives us about ~6 months of inventory. 13% of the active listings have reduced their price by $41,668 on average or $39,500 on median for the last month. We project North Delta to be a continued Seller market.

July's Real Estate Statistics shows 74% of Vancouver's Detached Home decreased in values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $22,076. This demonstrates a trend of deeper declines as evidenced from the $18,158 drop in June, $14,880 drop in May and the $8,007 drop in April. On the other hand, the Fraser Valley also shows a declined this month with the monthly price decrease of $3,176. We are forecasting Declining Detached Home Prices across most of the Fraser Valley and Vancouver Markets the next quarter.

Currently, the Condo Market presents a Cool Market with 87% of the Greater Vancouver (Lower Mainland) Condo Prices decreasing $6,482 on average. On the same note, 81% of the Townhouse Markets decreased $3,507 on average (23 out of 28 Markets). We are forecasting a Buyer’s Market in most Condo and Townhouse Markets for the coming quarter. We 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 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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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
RE/MAX City Realty

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

call me
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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