Tsawwassen Housing Market Summary (February 2020)

Detached home sales were way up for February 2020 (19) when compared to the same month last year (7).  Five homes sold above their asking price and one home sold at its asking price while the rest of the sales were all below their asking price. The highest priced home sold for $2,602,000 (Glenwood Drive) and the lowest priced home sold for $820,000 (Whitcomb Place).  On average it took 61 days on the market for these homes to sell. As of today there are 122 active listings on the market compared to 108 listings at the end of February. The highest priced listing currently is $5,888,000 (210 Graham Drive) and the lowest priced listing is $554,900 (5864 Wolf Way). The average list price is $1,664,802.

% of Asking Price

February 2020 - 96.8%

February 2019 - 91.6%

February 2018 - 95.5%

February 2017 - 94.3%

Average Sales Price

February 2020 - $1,304,189

February 2019 - $1,127,131  

February 2018 - $1,289,106

February 2017 - $1,114,134

For condominiums and townhouses, the number of sales were up for February 2020 (13) when compared to February 2019 (6).  The highest priced condo/townhouse sold for $918,000 (Hunter Road) and the lowest priced sold for $300,000 (16th Ave). The average sold price was $542,400. Currently there are 82 active listings for condos and townhouses in Tsawwassen (82 last month).  The lowest priced listing is $389,900 (#302 5556 14th Ave) and the highest priced listing is $3,180,000 (#604 5055 Springs Blvd). 

Average Sales Price

February 2020 - $542,400

February 2019 - $552,444 

February 2018 - $654,211

February 2017 - $551,173