Detached home sales were down in March 2023 (19) when compared to the same month last year (34). Five sales were above their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $2,050,000 (Tsawwassen Beach Road) and the lowest priced home sold for $1,050,000 (11A Ave). On average it took 54 days on the market for these homes to sell (25 last month). As of today there are 100 active listings on the market compared to 83 listings at the end of March. The highest priced listing currently is $6,250,000 (56th Street) and the lowest priced listing is $1,125,000 (1049 Wilmington Drive). The average list price is $2,146,205 (single family).
% of Asking Price
March 2023 - 94.7%
March 2022 - 104.9%
March 2021 - 99.8%
March 2020 - 96.0%
Average Sales Price
March 2023 - $1,406,880
March 2022 - $1,853,195
March 2021 - $1,579,352
March 2020 - $1,315,481
For condominiums and townhouses, the number of sales were also down for March 2023 (16) when compared to March 2022 (33). The highest priced condo/townhouse sold for $985,000 (8A Ave) and the lowest priced sold for $440,000 (Ferguson Road). The average sold price was $745,481. Currently there are 58 active listings for condos and townhouses in Tsawwassen (54 last month). The lowest priced listing is $435,000 (#310 1792 Starling Drive) and the highest priced listing is $1,649,000 (231 Morningside Drive).
Average Sales Price
March 2023 - $745,481
March 2022 - $785,052
March 2021 - $682,984
March 2020 - $625,619
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