Metro Vancouver

TSAWWASSEN

APRIL 2024

Price Band & Bedroom DETACHED HOUSES

Community DETACHED HOUSES

SnapStats® $0 - 800,000

Inventory

Sales

Sales Ratio

SnapStats® Beach Grove Cliff Drive English Bluff Pebble Hill Boundary Beach

Inventory

Sales

Sales Ratio

0 1 0

0 0 0 1 5 8 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0

NA NA NA

15

1 0 5 1 4 4 3 1

7%

800,001 – 900,000 900,001 – 1,000,000

6

NA

14 12 20 20

36%

1,000,001 – 1,250,000 3 1,250,001 – 1,500,000 22 1,500,001 – 1,750,000 12 1,750,001 – 2,000,000 23 2,000,001 – 2,250,000 7 2,250,001 – 2,500,000 11 2,500,001 – 2,750,000 11 2,750,001 – 3,000,000 6 3,000,001 – 3,500,000 2 3,500,001 – 4,000,000 2 4,000,001 – 4,500,000 1 4,500,001 – 5,000,000 0 5,000,001 – 5,500,000 0 5,500,001 - 6,000,000 1 6,000,001 - 6,500,000 0 6,500,001 - 7,000,000 0 7,000,001 - 7,500,000 0

33% 23% 67% 17% 14%

8%

20% 20% 43% 13% 19%

Tsawwassen Central Tsawwassen East Tsawwassen North

7 8

NA NA NA NA NA NA NA NA NA NA NA NA NA

TOTAL*

102

19

7,500,001 & Greater

0

TOTAL*

102

19

19%

2 Bedrooms & Less 3 to 4 Bedrooms 5 to 6 Bedrooms 7 Bedrooms & More

7

0

NA

63 30

17

27%

2 0

7%

2

NA

TOTAL*

102

19

19%

SnapStats®

March

April 102

Variance

Inventory

72 15

42% 27% 11% -2% 40%

Solds

19

Sale Price

$1,720,000 $1,550,000 -10%

Sale Price SQFT

$654

$725

Sale to List Price Ratio

101% 99%

Days on Market

15

21

*Sales Ratio suggests market type and speed (ie Balanced 12-20%.) Refer to YTD reports for sustained periods. If >100% MLS® data reported previous month’s sales exceeded current inventory count.

Market Summary

• Market Type Indicator TSAWWASSEN DETACHED : Balanced Market at 19% Sales Ratio average (1.9 in 10 homes selling rate) • Homes are selling on average 1% below list price • Most Active Price Band** $1.5 mil to $1.75 mil with average 67% Sales Ratio (Sellers market) • Buyers Best Bet** Homes between $1.75 mil to $2 mil, Beach Grove, English Bluff and 5 to 6 bedroom properties • Sellers Best Bet** Selling homes in Cliff Drive and 3 to 4 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$1,720,000

$1,665,000 $1,620,000

13 Month Market Trend

$1,620,000 $1,644,000

$1,595,000

$1,554,000

$1,550,000

$1,477,500 $1,500,000 $1,525,000 $1,418,000

$1,450,000

102

99

98

93

92

91

91

85

82

73

72

67

61

43

31

26

20

19

15

14

13

12

12

12

11

11

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Compliments of...

Maria Senajova Personal Real Estate Corporation Stilhavn Real Estate Services

VancouverUrbanHomes.com

604.657.1110

maria@vancouverurbanhomes.com

©2010-2024 SnapStats® Publishing Co. All rights reserved. No part of this publication may be reproduced, copied, posted on the internet or forwarded in any printed or electronic format without written permission. This report data was captured on May 1, 2024 from Greater Vancouver REALTORS® MLS database. Refer to our YTD reports for sustained periods of the Sales Ratio %. The accuracy and completeness of the information is not guaranteed. In providing this information SnapStats® or Maria Senajova do not assume any responsibility or liability. More info at snap-stats.com.