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Tsawwassen Home Sales April 2022

Detached home sales were down in March 2022 (34) when compared to the same month last year (52). Twenty two homes sold above their asking price and three homes sold at their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $6,375,000 (Cliff Drive) and the lowest priced home sold for $1,320,000 (Swan Road). On average it took 12 days on the market for these homes to sell. As of today there are 75 active listings on the market compared to 62 listings at the end of March. The highest priced listing currently is $8,888,800 (1160 Boundary Bay Road) and the lowest priced listing is $1,375,000 (4888 2nd Ave). The average list price is $2,476,491 (single family).
 
% of Asking Price
March 2022 - 104.9%
March 2021 - 99.8%
March 2020 - 96.0%
March 2019 - 90.4%
 
Average Sales Price
March 2022 - $1,888,732
March 2021 - $1,579,352 
March 2020 - $1,315,481
March 2019 - $1,182,063
 
For condominiums and townhouses, the number of sales were down for March 2022 (33) when compared to March 2021 (47). The highest priced condo/townhouse sold for $1,408,000 (Centennial Pkwy) and the lowest priced sold for $435,000 (Garden Place). The average sold price was $767,424. Currently there are 31 active listings for condos and townhouses in Tsawwassen (23 last month). The lowest priced listing is $439,000 (#112 1175 Ferguson Road) and the highest priced listing is $1,288,900 (#188 4738 Hemlock Way). 
 
Average Sales Price
March 2022 - $767,424
March 2021 - $682,984
March 2020 - $625,619 
March 2019 - $607,000

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