Neilsen Grove, Delta Townhouse Market Report – January 2023

In January 2023, the Neilsen Grove, Delta townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 30%. It is currently a strong seller's market in Neilsen Grove, Delta, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

6 townhouse properties sold in Neilsen Grove, Delta during January 2023 based on MLS® records. There were 20 active listings at the start of the month. A total of 14 new listings came to market during the month.

The average townhouse sold price in Neilsen Grove, Delta in January 2023 was $1,249,667. Sold prices ranged from $1,128,000 to $1,398,000. Data is sourced from MLS® board records.

In January 2023, townhouse properties in Neilsen Grove, Delta averaged 3 days on the market before selling. With an absorption rate of 30%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Neilsen Grove, Delta in January 2023 was $1,249,667, down 13.2% year-over-year compared to January 2022 ($1,438,937). Sales volume was up 200% compared to the same month last year. Data is sourced from MLS® sold records.