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Tsawwassen Housing Market Summary (January 2020)

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Posted in Tsawwassen, Tsawwassen Ladner Home Sales
Detached home sales were the same for January 2020 (11) when compared to the same month last year (11).  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 $1,652,625 (Compston Cres) and the lowest priced home sold for $811,000 (53A Street).  On average it took 54 days on the market for these homes to sell. As of today there are 108 active listings on the market compared to 102 listings at the end of January. The highest priced listing currently is $5,888,800 (210 Graham Drive) and the lowest priced listing is $839,000 (5864 Whitcomb Place). The average list price is $1,673,605.
 
% of Asking Price
January 2020 - 94.0%
January 2019 - 87.5%
January 2018 - 94.2%
January 2017 - 90.3%
 
Average Sales Price
January 2020 - $1,102,829
January 2019 - $1,114,278 
January 2018 - $1,070,000
January 2017 - $1,187,714
 
For condominiums and townhouses, the number of sales were double for January 2020 (14) when compared to January 2019 (7).  The highest priced condo/townhouse sold for $1,130,000 (3rd Ave) and the lowest priced sold for $370,000 (14th Ave). The average sold price was $690,350. Currently there are 82 active listings for condos and townhouses in Tsawwassen (83 last month).  The lowest priced listing is $369,900 (#109 1369 56th Street) and the highest priced listing is $1,162,000 (#512 5011 Springs Blvd). 

Average Sales Price
January 2020 - $690,350
January 2019 - $454,750
January 2018 - $553,143 
January 2017 - $652,267

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