Detached home sales were up in May 2023 (34) when compared to the same month last year (25). Ten 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 $2,580,000 (Farrell Crescent) and the lowest priced home sold for $1,232,201 (56th Street). On average it took 26 days on the market for these homes to sell (36 last month). As of today there are 92 active listings on the market compared to 88 listings at the end of May. The highest priced listing currently is $7,888,000 (1160 Boundary Road) and the lowest priced listing is $999,000 (111 Graham Drive). The average list price is $2,272,660 (single family).
% of Asking Price
May 2023 - 98.1%
May 2022 - 99.1%
May 2021 - 100.4%
May 2020 - 94.6%
Average Sales Price
May 2023 - $1,636,770
May 2022 - $1,977,722
May 2021 - $1,596,145
May 2020 - $1,364,762
For condominiums and townhouses, the number of sales were down for May 2023 (19) when compared to May 2022 (30). The highest priced condo/townhouse sold for $1,638,800 (Morningside Drive) and the lowest priced sold for $455,000 (Hawk Lane). The average sold price was $747,647. Currently there are 61 active listings for condos and townhouses in Tsawwassen (49 last month). The lowest priced listing is $400,900 (#305 1942 Starling Drive) and the highest priced listing is $1,850,000 (#123 6505 3rd Ave).
Average Sales Price
May 2023 - $747,647
May 2022 - $856,500
May 2021 - $673,548
May 2020 - $688,278
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