Delta House Market Report – March 2023

In March 2023, the Delta house real estate market is classified as a Buyer's Market with an absorption rate of 3.1%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

60 house properties sold in Delta during March 2023 based on MLS® records. There were 1,912 active listings at the start of the month. A total of 120 new listings came to market during the month.

The average house sold price in Delta in March 2023 was $1,430,790. Sold prices ranged from $790,000 to $2,977,786. Data is sourced from MLS® board records.

In March 2023, house properties in Delta averaged 33 days on the market before selling. With an absorption rate of 3.1%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Delta in March 2023 was $1,430,790, down 17.8% year-over-year compared to March 2022 ($1,740,607). Sales volume was down 40% compared to the same month last year. Data is sourced from MLS® sold records.