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Tsawwassen Home Sales June 2022

Detached home sales were down by over half in May 2022 (23) when compared to the same month last year (48). Seven 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 $4,750,000 (Pacific Drive) and the lowest priced home sold for $1,355,000 (53A Street). On average it took 26 days on the market for these homes to sell. As of today there are 89 active listings on the market compared to 100 listings at the end of May. The highest priced listing currently is $4,988,000 (1043 Pacific Drive) and the lowest priced listing is $1,199,000 (1426 View Crescent). The average list price is $2,181,223 (single family).
 
% of Asking Price
May 2022 - 99.1%
May 2021 - 100.4%
May 2020 - 94.6%
May 2019 - 90.8%
 
Average Sales Price
May 2022 - $1,963,690
May 2021 - $1,596,145 
May 2020 - $1,291,660
May 2019 - $1,204,245
 
For condominiums and townhouses, the number of sales were way down for May 2022 (29) when compared to May 2021 (51). The highest priced condo/townhouse sold for $1,250,000 (Hammermill Ave) and the lowest priced sold for $421,500 (10th Ave). The average sold price was $835,016. Currently there are 61 active listings for condos and townhouses in Tsawwassen (42 last month). The lowest priced listing is $450,000 (#314 1175 Ferguson Road) and the highest priced listing is $1,499,900 (#8 4638 Orca Way). 
 
Average Sales Price
May 2022 - $835,016
May 2021 - $673,548
May 2020 - $688,278 
May 2019 - $631,331

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