Detached home sales were down for May 2020 (18) when compared to the same month last year (20).  Three homes sold above their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $1,650,000 (Beach Grove Road) and the lowest priced home sold for $890,000 (55A Street).  On average it took 47 days on the market for these homes to sell.  As of today there are 136 active listings (single family) on the market compared to 114 listings at the end of May. 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 $1,683,226.

% of Asking Price

May 2020 - 94.6%

May 2019 - 90.8%

May 2018 - 93.6%

May 2017 - 97.0%

Average Sales Price

May 2020 - $1,195,305

May 2019 - $1,204,245     

May 2018 - $1,318,262

May 2017 - $1,231,194

For condominiums and townhouses, the number of sales were also down for May 2020 (10) when compared to May 2019 (19).  The highest priced condo/townhouse sold for $970,000 (Springs Blvd) and the lowest priced sold for $362,500 (14th Ave). The average sold price was $647,390. Currently there are 94 active listings for condos and townhouses in Tsawwassen (83 last month).  The lowest priced listing is $319,900 (#220 4742 Blue Heron Way) and the highest priced listing is $3,180,000 (#604 5055 Springs Blvd). 

Average Sales Price

May 2020 - $647,390

May 2019 - $631,331

May 2018 - $635,175

May 2017 - $750,489      

Detached home sales in Ladner were down for the month of May (9) when compared to the same month last year (15). The highest priced single family home sold for $1,305,000 (Duffy Place) and the lowest priced single family home sold for $645,000 (Regatta Way).  One home sold at its asking price and two homes sold above their asking price while the rest of the sales were all below their asking price. For the homes that sold last month the average days on market was 34 days. Currently there are 62 single family home listings on the market compared to 65 at the end of May.  As of today the highest priced listing is $4,750,000 (4740 60B Street) and the lowest priced listing is $389,000 (#6 3350 Westham Island Road).  The average list price is $1,321,773 (single family).

% of Asking Price

May 2020 - 95.5%

May 2019 - 95.0%

May 2018 - 96.6%

May 2017 - 97.5%

Average Sales Price

May 2020 - $994,000

May 2019 - $925,311

May 2018 - $1,108,019

May 2017 - $1,083,169

For condominiums and townhouses, the number of sales were down by half for May 2020 (9) when compared to May 2019 (18).  The highest priced condo/townhouse sold for $888,800 (Admiral Way) and the lowest priced condo/townhouse sold for $427,000 (57th Street). The average sold price was $594,088. Currently there are 68 active listings for condo / townhouses in Ladner compared to 73 last month.  The highest priced listing currently is $1,178,000 (#208 5535 Admiral Way) and the lowest priced listing is $439,900 (#204 4885 53rd Street).

Average Sales Price

May 2020 - $594,088

May 2019 - $625,295

May 2018 - $661,227

May 2017 - $658,585