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Tsawwassen Housing Market Summary (July 2019)

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Posted in Tsawwassen Ladner
Detached home sales were up for July 2019 (20) when compared to the same month last year (16).  Two sales were above their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $2,062,000 (1A Ave) and the lowest priced home sold for $740,000 (53A Street).  On average it took 49 days on the market for these homes to sell. As of today there are 186 active listings on the market compared to 190 listings at the end of July. The highest priced listing currently is $5,888,800 (532 Tsawwassen Beach) and the lowest priced listing is $799,000 (5846 17A Ave). The average list price is $1,592,193.
 
% of Asking Price
July 2019 - 92.9%
July 2018 - 90.0%
July 2017 - 95.8%
July 2016 - 95.7%
 
Average Sales Price
July 2019 - $1,093,265
July 2018 - $1,430,115
July 2017 - $1,283,328
July 2016 - $1,457,963
 
For condominiums and townhouses, the number of sales were up for July 2019 (15) when compared to July 2018 (10).  The highest priced condo/townhouse sold for $1,420,000 (Hunter Road) and the lowest priced sold for $316,500 (10th Ave). The average sold price was $651,266. Currently there are 83 active listings for condos and townhouses in Tsawwassen (101 last month).  The lowest priced listing is $329,900 (#154 5421 10th Ave) and the highest priced listing is $3,480,000 (#604 5055 Springs Blvd). 

Average Sales Price
July 2019 - $651,266
July 2018 - $581,278
July 2017 - $701,708
July 2016 - $625,032

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