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Tsawwassen Home Sales May 2022

Detached home sales were down in April 2022 (13) when compared to the same month last year (45). Six 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 $3,700,205 (Beach Grove Road) and the lowest priced home sold for $1,375,000 (10th Ave). On average it took 8 days on the market for these homes to sell. As of today there are 100 active listings on the market compared to 75 listings at the end of April. The highest priced listing currently is $8,888,800 (1160 Boundary Bay Road) and the lowest priced listing is $1,399,000 (5440 16th Ave). The average list price is $2,341,143 (single family).
 
% of Asking Price
April 2022 - 101.6%
April 2021 - 97.9%
April 2020 - 95.4%
April 2019 - 95.1%
 
Average Sales Price
April 2022 - $1,930,581
April 2021 - $1,573,384 
April 2020 - $1,285,023
April 2019 - $1,410,223
 
For condominiums and townhouses, the number of sales were down for April 2022 (23) when compared to April 2021 (39). The highest priced condo/townhouse sold for $1,450,000 (Springs Blvd) and the lowest priced sold for $435,000 (Ferguson Road). The average sold price was $780,280. Currently there are 42 active listings for condos and townhouses in Tsawwassen (31 last month). The lowest priced listing is $428,800 (#151 5421 10th Ave) and the highest priced listing is $1,499,900 (#8 4638 Orca Way). 
 
Average Sales Price
April 2022 - $780,280
April 2021 - $655,835
April 2020 - $551,236 
April 2019 - $489,250

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