Metro Vancouver

TSAWWASSEN

APRIL 2024

Price Band & Bedroom CONDOS & TOWNHOMES

Community CONDOS & TOWNHOMES

SnapStats® $0 – 300,000

Inventory

Sales

Sales Ratio

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

Inventory

Sales

Sales Ratio

0 0

0 0 5 2 4 4 4 5 4 1 1 0 0 0 0 0 0 0 0 0 0

NA NA

4 4 0 0 4 2

0 0 5 0 0 3 3

NA NA NA NA

300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

13 13 10 18 7

38% 15% 57% 40% 22% 67% 33%

13

38%

Tsawwassen Central Tsawwassen East Tsawwassen North

75%

150%*

4

125%*

48 75

19 30

40% 40%

1,000,001 – 1,250,000 6 1,250,001 – 1,500,000 3 1,500,001 – 1,750,000 1 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 0

TOTAL*

100%

NA NA NA NA NA NA NA NA NA NA

5,000,001 & Greater

0

TOTAL*

75

30

40%

0 to 1 Bedroom

18 39 16

6

33% 28% 56%

2 Bedrooms 3 Bedrooms

11

9 4

4 Bedrooms & Greater

2

200%*

TOTAL*

75

30

40%

SnapStats®

March

April

Variance

Inventory

71 15

75 30

6%

Solds

100%

Sale Price

$761,809 $824,950 8%

Sale Price SQFT

$717 95%

$667 97%

-7% 2%

Sale to List Price Ratio

Days on Market

15

10

-33%

*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 ATTACHED : Sellers Market at 40% Sales Ratio average (4 in 10 homes selling rate) • Homes are selling on average 3% below list price • Most Active Price Band** $700,000 to $800,000 with average 40% Sales Ratio (Sellers market)

• Buyers Best Bet** Homes between $500,000 to $600,000 and 2 bedroom properties • Sellers Best Bet** Selling homes in Cliff Drive, Tsawwassen North and 3 bedroom properties **With minimum inventory of 10 in most instances

SALE PRICE

INVENTORY

SOLDS

$864,400

13 Month Market Trend

$825,000

$824,950

$807,499

$799,500 $785,500

$761,809

$725,000 $755,000 $755,000

$705,000

75

71

$647,000

$640,000

61

61

55

54

53

53

52

51

50

45

45

30

23

21

19

17

17

16

16

15

15

11

10

8

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.