Nordel, Delta Market Report – July 2022

In July 2022, the Nordel, Delta real estate market is classified as a Buyer's Market with an absorption rate of 3.9%. 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.

12 properties sold in Nordel, Delta during July 2022 based on MLS® records. There were 305 active listings at the start of the month. A total of 14 new listings came to market during the month.

The average sold price in Nordel, Delta in July 2022 was $1,147,167. Sold prices ranged from $720,000 to $1,530,000. Data is sourced from MLS® board records.

In July 2022, properties in Nordel, Delta averaged 17 days on the market before selling. With an absorption rate of 3.9%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average sold price in Nordel, Delta in July 2022 was $1,147,167, down 5.4% year-over-year compared to July 2021 ($1,212,914). Sales volume was down 50% compared to the same month last year. Data is sourced from MLS® sold records.