Tsawwassen Real Estate Market
Detached home sales continued higher again in January 2021 (30) when compared to the same month last year (14). Seven homes sold above their asking price and four homes sold at their asking price while the rest of the sales were all below their asking price. The highest priced home sold for $3,548,000 (1st Ave) and the lowest priced home sold for $1,040,000 (1A Ave). On average it took 33 days on the market for these homes to sell. As of today there are 89 active listings on the market compared to 82 listings at the end of January. The highest priced listing currently is $4,980,000 (225 English Bluff) and the lowest priced listing is $979,000 (4682 Mallard Ave). The average list price is $1,813,488 (single family).
% of Asking Price
January 2021 - 98.7%
January 2020 - 94.0%
January 2019 - 87.5%
January 2018 - 94.2%
Average Sales Price
January 2021 - $1,479,549
January 2020 - $1,276,736
January 2019 - $1,114,278
January 2018 - $1,070,000
For condominiums and townhouses, the number of sales were really up for January 2020 (31) when compared to January 2020 (16). The highest priced condo/townhouse sold for $1,140,000 (Springs Blvd) and the lowest priced sold for $325,000 (10th Ave). The average sold price was $650,416. Currently there are 80 active listings for condos and townhouses in Tsawwassen (76 last month). The lowest priced listing is $343,880 (#202 1175 Ferguson Road) and the highest priced listing is $1,699,888 (#207 5055 Springs Blvd).
Average Sales Price
January 2021 - $650,416
January 2020 - $591,891
January 2019 - $454,750
January 2018 - $553,143
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