Detached home sales were really down in February 2023 (10) when compared to the same month last year (49). One sale was above its asking price while the rest of the sales were below their asking price. The highest priced home sold for $1,952,380 (2nd Ave) and the lowest priced home sold for $1,228,000 (6A Ave). On average it took 25 days on the market for these homes to sell (63 last month). As of today there are 83 active listings on the market compared to 75 listings at the end of February. The highest priced listing currently is $5,888,000 (652 English Bluff Road) and the lowest priced listing is $1,174,900 (5488 1 Ave). The average list price is $2,071,969 (single family).
% of Asking Price
February 2023 - 96.1%
February 2022 - 103.8%
February 2021 - 99.4%
February 2020 - 96.8%
Average Sales Price
February 2023 - $1,446,548
February 2022 - $1,973,377
February 2021 - $1,501,810
February 2020 - $1,157,275
For condominiums and townhouses, the number of sales were also down for February 2023 (12) when compared to February 2022 (27). The highest priced condo/townhouse sold for $985,000 (Gilchrist Drive) and the lowest priced sold for $449,000 (14th Ave). The average sold price was $724,233. Currently there are 54 active listings for condos and townhouses in Tsawwassen (40 last month). The lowest priced listing is $479,000 (#310 1792 Starling Drive) and the highest priced listing is $1,698,000 (231 Morningside Drive).
Average Sales Price
February 2023 - $724,233
February 2022 - $755,572
February 2021 - $673,641
February 2020 - $569,431