Neilsen Grove, Delta Townhouse Market Report – March 2023

In March 2023, the Neilsen Grove, Delta townhouse real estate market is classified as a Balanced Market with an absorption rate of 16.2%. The market in Neilsen Grove, Delta is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

6 townhouse properties sold in Neilsen Grove, Delta during March 2023 based on MLS® records. There were 37 active listings at the start of the month. A total of 8 new listings came to market during the month.

The average townhouse sold price in Neilsen Grove, Delta in March 2023 was $1,288,300. Sold prices ranged from $1,152,800 to $1,475,000. Data is sourced from MLS® board records.

In March 2023, townhouse properties in Neilsen Grove, Delta averaged 18 days on the market before selling. With an absorption rate of 16.2%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Neilsen Grove, Delta in March 2023 was $1,288,300, up 14.5% year-over-year compared to March 2022 ($1,125,000). Sales volume was up 500% compared to the same month last year. Data is sourced from MLS® sold records.