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Real Estate Trends

Delta Real Estate Trends: 2018 Year in Review [Infographic]

By REW (Real Estate Wire) January 23, 2019

Delta Real Estate Trends 2018

 

Bordered by water on three sides, Delta is the largest municipality in Metro Vancouver, yet many of its neighbourhoods remain very walkable. For two years running, Port Guichon enjoyed the most popular neighbourhood status, according to REW house hunters. Port Guichon is a tight-knit community offering various lifestyle opportunities, including a selection of float homes on the river.

Consisting of three main sub-communities: Tsawwassen, Ladner and north Delta, our data saw both detached houses and condo prices increase in list price – three per cent for single family homes, with a median price of $1.14M and an average price per square foot hitting $507, (down three per cent YOY), while condos saw a 13 per cent upsurge to $530K, with an average cost per square foot at $560 (a five per cent YOY rise). Home hunters most frequently searched out one-bedroom homes, priced between $1.25M - $1.5M.

When comparing 2018 growth year to year, the neighbourhood of Holly experienced the most growth at 10 per cent based on median list price increase.

 

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