North Delta Market Update: May 2018

The North Delta real estate market shifted into a "Balanced Market" as listings continued to grow and sales activity softened. In May we saw 38 home sales which is down 58% from May 2017. We saw 126 new listings come on the market which is very normal for this time of the year. The lessened sales activity has led to growing inventory with 200 total single family listings as of the end of May (up 32%).  The market has shifted down and away from a "Seller's Market" into a "Balanced Market". Historically the market will start to cool off as we enter the summer months... tune in to learn more!

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