Detached home sales were down in August 2022 (8) when compared to the same month last year (38). One home sold above its asking price while the rest of the sales were all below their asking price. The highest priced home sold for $2,325,000 (Centennial Parkway) and the lowest priced home sold for $1,325,000 (5B Avenue). On average it took 40 days on the market for these homes to sell (14 last month). As of today there are 109 active listings on the market compared to 107 listings at the end of August. The highest priced listing currently is $5,600,000 (532 Tsawwassen Beach Road) and the lowest priced listing is $1,149,000 (1426 View Crescent). The average list price is $2,124,511 (single family).
% of Asking Price
August 2022 - 94.6%
August 2021 - 97.0%
August 2020 - 97.2%
August 2019 - 95.1%
Average Sales Price
August 2022 - $1,805,000
August 2021 - $1,540,624
August 2020 - $1,198,516
August 2019 - $1,077,832
For condominiums and townhouses, the number of sales were down for August 2022 (15) when compared to August 2021 (31). The highest priced condo/townhouse sold for $1,400,000 (View Crescent) and the lowest priced sold for $437,500 (Starling Drive). The average sold price was $817,693. Currently there are 54 active listings for condos and townhouses in Tsawwassen (56 last month). The lowest priced listing is $450,000 (#314 1175 Ferguson Road) and the highest priced listing is $3,288,000 (#604 5055 Springs Blvd).
Average Sales Price
August 2022 - $817,963
August 2021 - $671,266
August 2020 - $636,931
August 2019 - $590,500
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