Canada’s national median home listing price this month is $290,900, which means that Delta is in the top 20% for Canada.
While the median for British Columbia is $519,000 , which means that Delta’s median price is $1,000,000 considerably better than the rest of the province.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
According to our stats, Delta is the neighbourhood that has the 9th most properties available to real estate investors in British Columbia.
When we look at the data we have, it can help with trying to establish whether or not Delta is a good investment target.
If you are looking at investment properties in Delta, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
Across the nation CREW lists data for 1054 neighbourhoods, and this month Delta is number 54 putting it ahead of most neighbourhoods .
When our research team crunched the numbers we calculated that Delta has a median home price of $451,500.
If you’re looking at investment properties in Delta, then you’re most likely to find homes with 2 bedrooms on sale this month.
This month we track 25th neighbourhoods in British Columbia, and Delta has the 25th most choice available for real estate investors.
Can we guarantee how well Delta is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Delta have increased which would tend to indicate that demand is not as high as supply.