Tsawwassen Housing Market Summary (April 2020)

Detached home sales were up for March 2020 (16) when compared to the same month last year (12).  Two homes sold above their asking price and two homes sold at their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $2,337,500 (Beach Grove Road) and the lowest priced home sold for $825,000 (View Crescent).  On average it took 41 days on the market for these homes to sell. As of today there are 125 active listings on the market compared to 122 listings at the end of March. The highest priced listing currently is $5,888,000 (210 Graham Drive) and the lowest priced listing is $850,000 (5596 6th Ave). The average list price is $1,648,054.

% of Asking Price

March 2020 - 96.0%

March 2019 - 90.4%

March 2018 - 96.6%

March 2017 - 93.6%

Average Sales Price

March 2020 - $1,148,437

March 2019 - $1,182,063   

March 2018 - $1,430,389

March 2017 - $1,345,724

For condominiums and townhouses, the number of sales were up for March 2020 (11) when compared to March 2019 (8).  The highest priced condo/townhouse sold for $1,588,000 (Hunter Road) and the lowest priced sold for $467,000 (Hawk Lane). The average sold price was $685,336. Currently there are 73 active listings for condos and townhouses in Tsawwassen (82 last month).  The lowest priced listing is $378,800 (#206 4690 Hawk Lane) and the highest priced listing is $3,180,000 (#604 5055 Springs Blvd). 

Average Sales Price

March 2020 - $685,336

March 2019 - $508,667 

March 2018 - $596,382

March 2017 - $641,075