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North Delta Housing Market (Neighbourhood Overview)

Fraser Valley Real estate saw record-breaking sales with April topping the previous monthly high set in 2016 for the eighth consecutive month. Even though it is still ‘Seller’s Market’, increase in the inventory has certainly calmed the prices in the area, compared to last couple months of 2021

Annieville, North Delta Real Estate Highlights: Out of the 46 total homes listed, 25 were sold in Apirl, 2021 in Annieville, North Delta. We saw a boost in the sales ratio from 57%in February to 64% in March but the sales ration declined in April to 54%.

In April 2021, home sales in Annieville, North Delta, several properties sold between $100,000 165,000 over the asking price! The median sale price for the area was $1,250,000 with houses offering average of 4 to 5 bedrooms and 3-4 bathrooms. I was a little strange to see a 8 bedroom 8 bath, 8,712 sq.ft home sold for $98,800 below listing price, which further ensures market slowly stabilizing.

If we compare the Single Detached Homes in Annieville, North Delta to just last month, the property prices have seem to go higher. In March, there was an increase where houses sold …

Are you and your family considering making the move to North Delta? If you’re not already, you should get acquainted with all the city has to offer. Sitting just about 30 minutes outside of Vancouver, North Delta has become the ideal central location to live whether you have a family or flying solo. You can easily take a quick drive downtown into the bustling city or spend a leisurely day out in the peaceful Fraser Valley

The best part is, when you live in North Delta, you don’t have to travel far outside your own backyard to take advantage of the incredible nearby scenery. The community is full of beautiful parks and recreational areas for whenever you feel like getting out into nature.

Not only is it home to gorgeous lush green forests and trails, but the city has some amazing local businesses that make it the perfect place to buy or rent a property. With everything from trendy restaurants and retail shops to beauty and spa services, the area is incredibly diverse. That’s the greatest thing about North Delta—it truly has something for everyone. Below, we’ve compiled a list of some of the great local businesses in the area

The process of buying or renting a home can be a tedious and stressful one, but it certainly doesn’t have to be that way. If you’re considering moving to Surrey, British Columbia and can’t decide whether to buy or rent a home in the area, don’t worry. We’re here to help.

We’ve put together the ultimate guide to deciding between renting or buying a home in Surrey. We’ll go into everything you need to know, from the cost of living in the area to mortgage rates to reviews of some houses currently on the market in Surrey. First, let’s takes look at the cost of living.

The Cost of Living in Surrey

Top real estate team in N Delta

With a population of nearly 518,000, the average household in Surrey earns $77,494. The cost of living is 11% higher than the national average and Surrey is considered the 12th most expensive city in Greater Vancouver. It’s also the seventh fastest-growing city as well. 

Transportation is considered to be very affordable in Surrey, while healthcare is at the national average in terms of affordability. However, food and housing are significantly more expensive than surrounding areas in British Columbia, which is a common occurrence in this area. 

Mortgage rates

North Delta Housing Market (Neighbourhood Overview)

In terms of sales-to-list ratio, we are still in a “Seller’s Market”.  There is definitely a rise in inventory and according to the Fraser Valley Real Estate Board, it is a historical high in terms of active listings.  Year over year we can see a jump from 125 active listings last spring to 178 this year.

Annieville, North Delta Real Estate Highlights: There were 44 homes for sale and a total of 28 homes sold in March, 2021 in Annieville, North Delta. Inventory is not sitting, to say the least, and homes are selling within more or less a week or two in most scenarios. The sales rato increased from 57%in February to 64% in March.

In March, 2021, home sales in Annieville, North Delta, several properties sold for $100,000-$150,000 dollars over the asking price! It was very shocking to see some properties going for $245,000-275,000 above asking price. The median price for the area was $1,260,000 with houses offering average of 4 to 5 bedrooms and 2-3 bathrooms.

If we compare the Single Detached Homes in Annieville, North Delta to just last month, the property prices have seem to go higher. In February, …

Choosing to rent or buy a home isn’t an easy decision to make, even in the best of times. Answering this question also requires a bit of understanding about the housing market in a particular area, and deciding whether or not the risks outweigh the advantages.

If you are considering buying or renting a house in North Delta, we have you covered. In this in-depth guide, we’ll break down everything you need to know about the cost of living in North Delta, mortgage rates, pros and cons, and a few reviews of homes on the market. Let’s start by breaking down the cost of living in the North Delta.

The Cost of Living in North Delta

Best realtor in Delta Picture Source: indoindians.com

With a population of just over 102,000, the average household in North Delta earns $92,300. The cost of living is 4% higher than the national average and Delta is considered the 9th most expensive city in Greater Vancouver. It’s also the fifth fastest-growing city as well. 

Transportation and healthcare are considered to be very affordable in Delta. However, food and housing are significantly more expensive than surrounding areas in British Columbia. 

Mortgage rates in North Delta vary significantly. We’ll offer an

North Delta Market Statistics

North Delta Housing Market (Neighbourhood Overview)

It’s still a Seller’s Market in North Delta and other parts of the Fraser Valley.  According to the Fraser Valley Real Estate Board (FVREB) property sales have surpassed the last 100-years of the board’s history.  The last six months in particular in terms of property sales have been unprecedented, much like the pandemic itself.  It’s remarkable.  For the most part, each pocket neighbourhood in North Delta has continued to reflect a high sales ratio when accounting for the number of homes offered for sale and the number of homes sold this month.

Annieville, North Delta Real Estate Highlights:  There were 35 homes for sale and a total of 20 homes sold in February 2021 in Annieville, North Delta.  Inventory is not sitting, to say the least, and homes are selling within more or less a week or two in most scenarios.

In February 2021, upon reviewing home sales in Annieville, North Delta, several sold over $150,000 dollars over the asking price!  If that’s not an astounding number I am not sure how much more “wow” you need.  Generally speaking, the median price ($1,243,500) outlined below is somewhat accurate with many typical North Delta Annieville …

Are you in the market to buy a new home or sell your existing home? You’re not alone. Many homeowners have decided to relocate in the past year, and it looks like the trend is going to continue well into 2021. There are quite a lot of people looking for top-tier realtor representation right now.

Taking on the task of finding or selling a home can be a serious burden on homeowners, which is why it is highly recommended to seek out a talented, experienced real estate agent. Local real estate agents have the most valuable experience when it comes to home-buying and selling, as they are more likely to have knowledge on neighbourhood features, pricing, listing inventory, buyer trends, and up-to-date market values.

However, not all real estate agencies are worth their salt. It’s important to have a few key things in mind when searching for a realtor so you don’t end up with less than reliable service.

In this in-depth guide, we’re going to break down everything you need to know about finding a top-tier realtor in North Delta, BC– as well as why Sukh Brar Real Estate Group is the best choice for your homebuying journey.

How

North Delta Housing Market (Neighbourhood Overview)

This data was recorded on February 2nd, 2021 indicates that over 50% of the inventory in each neighbourhood in North Delta sold throughout January 2021.

This month the Nordel neighbourhood took the lead in the number of homes listed for sale and the number of homes sold, in second place was Scottsdale with 18 active listings and 12 sales and Sunshine Hills Woods with 12 active listings and 8 sales to finish the January month off.  As you can see in all the neighbourhood pockets of North Delta; the single-detached housing market is HOT.

Although it may appear to seem less “hot” this month, inventory is still relatively low when reviewing and comparing a 5-year span in the North Delta Real Estate trends.  In January 2021, there was 48 sales and 75 active listings.  The sales-to-active-listings-ratio worked out to be 64%.  This means we are still in a Seller’s Market.  Generally speaking the number of active listings in past “normal” North Delta market conditions you would typically see 100 to 150+ active new listings for the start of the year.

Average House Price in North Delta, BC

On average homes in January …

Sukh Brar Real Estate Group Map of Transactions 2019: 

map of transactions in 2019 Sukh Brar Real Estate Group

As you can see from the map above, we have highlighted (see yellow icons with stars) a number of transactions that we completed in the North Delta neighbourhood in 2019.  In 2019, we completed over 80 transactions (based on the combined transactions of both buying and selling) and on average we held a 97% listing to sales price ratio.  On average our listings only took slightly over a month to sell.

The most important take away from these maps is that it shows how much of our business as a Top-Rated Real Estate Team in the Fraser Valley takes place in North Delta.  North Delta is not only where many of us reside, but a big part of our family upbringing and community ties that all have contributed to over 20 years of expert knowledge of this Real Estate market.

We hold Open Houses weekly, take buyers out to view homes in the local neighbourhoods all year round, and conduct free home evaluations throughout the North Delta communities.  We take pride in our knowledge, insights, and trends within the pocket neighbourhoods (Scottsdale, Annieville, Nordel, and Sunshine Hills Woods) that …

Moving to gorgeous North Delta, British Columbia is a dream come true for those that appreciate the rich history, beautiful scenery, and charming small-town feel. Though before any move, it is natural to want to get acquainted with the area, and of course, there are always pros and cons to every town. This article will explore exactly what makes this town great and delve into the neighborhoods, cost of living, real estate trends, and all the wonderful things North Delta has to offer. Considering a move can be difficult, but information can ease worries and make this time a bit more delightful.

Brief History

The Annieville Cannery during the construction of the GNR right-of-way in 1908. (Image courtesy of the Surrey Archives, 132.01) The Annieville Cannery during the construction of the GNR right-of-way in 1908. (Image courtesy of the Surrey Archives, 132.01)

Founded as Annieville in 1860 by James Kennedy the land was well farmed and the community grew rapidly over the next few decades. By 1879 Annieville had transformed into The Corporation of Delta and the village of Ladner became the administrative center of the community. Delta’s community was fairly far from other villages and towns, so in 1959 George Massey Tunnel was erected to connect Ladner to Vancouver and Richmond. Now widely considered a commuter city, Delta

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  • Sukh Brar Real Estate Group

    Sukh Brar Real Estate Group
    (604) 648-7800
    sales@sukhbrar.ca
    Top 1% Realtor according to the FVREB 2014-2019