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Ladner Housing Market Summary (January 2020)

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Posted in Tsawwassen Ladner
Detached home sales in Ladner were up for the month of January (13) when compared to the same month last year (11). The highest priced single family home sold for $1,610,000 (65A Street) and the lowest priced single family home sold for $555,000 (Regatta Way).  One home sold above its asking price while the rest of the sales were all below their asking price. For the homes that sold last month the average days on market was 87 days. Currently there are 63 single family home listings on the market compared to 76 at the end of January. As of today the highest priced listing is $4,488,000 (5642 Grove Ave) and the lowest priced listing is $389,000 (#6 3350 Westham Island Road).  The average list price is $1,171,056 (single family).
 
% of Asking Price
January 2020 - 94.1%
January 2019 - 92.3%
January 2018 - 98.4%
January 2017 - 96.2%
 
Average Sales Price
January 2020 - $1,024,425
January 2019 - $968,143
January 2018 - $1,106,600
January 2017 - $1,084,444
 
For condominiums and townhouses, the number of sales were up for January 2020 (18) when compared to January 2019 (15).  The highest priced condo/townhouse sold for $918,800 (Admiral Way) and the lowest priced condo/townhouse sold for $365,000 (53rd Street). The average sold price was $663,733. Currently there are 70 active listings for condo / townhouses in Ladner compared to 69 last month.  The highest priced listing currently is $1,178,000 (#119 5535 Admiral Way) and the lowest priced listing is $415,000 (#206 4728 53rd Street).
 
Average Sales Price
January 2020 - $663,733
January 2019 - $742,778
January 2018 - $573,787
January 2017 - $552,400

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