Detached home sales were down in December 2022 (7) when compared to the same month last year (20). All sales were below their asking price. The highest priced home sold for $2,800,000 (Tsawwassen Beach Road) and the lowest priced home sold for $1,100,000 (17A Ave). On average it took 62 days on the market for these homes to sell (51 last month). As of today there are 68 active listings on the market compared to 74 listings at the end of December. The highest priced listing currently is $5,600,000 (532 Tsawwassen Beach Road) and the lowest priced listing is $998,000 (1426 View Crescent). The average list price is $2,177,737 (single family).
% of Asking Price
December 2022 - 90.1%
December 2021 - 98.4%
December 2020 - 96.2%
December 2019 - 93.7%
Average Sales Price
December 2022 - $1,619,571
December 2021 - $1,699,007
December 2020 - $1,423,773
December 2019 - $1,004,091
For condominiums and townhouses, the number of sales were also down for December 2022 (8) when compared to December 2021 (10). The highest priced condo/townhouse sold for $962,800 (Osprey Drive) and the lowest priced sold for $490,000 (Starling Drive). The average sold price was $685,850. Currently there are 37 active listings for condos and townhouses in Tsawwassen (44 last month). The lowest priced listing is $450,000 (#314 1175 Ferguson Road) and the highest priced listing is $1,399,900 (#412 5011 Springs Blvd).
Average Sales Price
December 2022 - $685,850
December 2021 - $755,753
December 2020 - $602,581
December 2019 - $557,960
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