Detached home sales were down in February 2022 (47) when compared to the same month last year (52). Twenty seven 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 $4,152,000 (Tsawwassen Beach) and the lowest priced home sold for $1,288,000 (Cedar Springs Drive). On average it took 24 days on the market for these homes to sell. As of today there are 62 active listings on the market compared to 65 listings at the end of February. The highest priced listing currently is $8,888,800 (1160 Boundary Bay Road) and the lowest priced listing is $1,099,000 (1905 Swan Road). The average list price is $2,536,283 (single family).
% of Asking Price
February 2022 - 103.8%
February 2021 - 99.4%
February 2020 - 96.8%
February 2019 - 91.6%
Average Sales Price
February 2022 - $1,931,033
February 2021 - $1,501,810
February 2020 - $1,157,275
February 2019 - $1,127,131
For condominiums and townhouses, the number of sales were down for February 2022 (27) when compared to February 2021 (37). The highest priced condo/townhouse sold for $2,665,000 (Beach Grove Road) and the lowest priced sold for $420,000 (16th Ave). The average sold price was $846,121. Currently there are 23 active listings for condos and townhouses in Tsawwassen (22 last month). The lowest priced listing is $488,000 (#314 1792 Starling Drive) and the highest priced listing is $1,299,000 (#332 1784 Osprey Drive).
Average Sales Price
February 2022 - $846,121
February 2021 - $673,641
February 2020 - $569,431
February 2019 - $573,333
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