Market Report

Tsawwassen

August 2024

Sources: Real Estate Board of Greater Vancouver, Commercial Edge; Canadian Real Estate Association, MLS®; Altus Group; Statistics Canada; Landcor; RealNet.

Disclaimer: Data has been obtained from sources considered to be reliable as of the Report Date. However, no representation or warranty, expressed or implied, is made as to the accuracy of any of the information, projections or conclusions contained herein, and the same is submitted subject to errors and omissions, without any obligation to up date or correct.

Tsawwassen Houses Townhomes Condos

Summary

Klein Reports 2024

Residential City Market Reports

Neighbourhoods Statistics

Account Benefits

Tsawwassen Specialists

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Text Call

Tsawwassen Overview

Sales-to-Active Ratio

Single Family Houses

31%

Sellers Market

Single Family Townhouses

14%

Sellers Market

Single Family Condos

4%

Sellers Market

HPI Benchmark Price (Average Price)

Houses

$1,540,975

-30.4%

Lower Than Last Month

July 2024

-0.9%

Lower Than Last Year

August 2023

Townhomes

$1,120,500

15.6%

Higher Than Last Month

July 2024

18.0%

Higher Than Last Year

August 2023

Condominiums

$445,000

-19.9%

Lower Than Last Month

July 2024

-35.8%

Lower Than Last Year

August 2023

Market Share

This Month

57.1%

Single Family Houses

28.6%

Single Family Townhouses

14.3%

Single Family Condos

Last Month

15.4%

Single Family Houses

46.2%

Single Family Townhouses

38.5%

Single Family Condos

Last 12 Months

25.0%

Single Family Houses

33.3%

Single Family Townhouses

41.7%

Single Family Condos

Single Family Houses

5 Year Trend

Market Status

Sellers Market

  Tsawwassen is currently a Sellers Market. This means that >more than 20% of listings are sold within 30 days. Sellers may have a slight advantage when negotiating prices.

31%

Buyer's Market

Balanced Market

Seller's Market

31%

Of Single Family
House Listings Sold

IN PAST 30 DAYS

13

Active Single Family
House Listings

IN PAST 30 DAYS

4

Single Family
House Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

-30%

Lower Than
Last Month

July 2024

-1%

Lower Than
Last Year

August 2023

Summary of Sales Volume Change

100%

Higher Than
Last Month

July 2024

33%

Higher Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

Single Family Townhomes

5 Year Trend

Market Status

Buyers Market

  Tsawwassen is currently a Buyers Market. This means that less than 12% of listings are sold within 30 days. Buyers may have a slight advantage when negotiating prices.

14%

Buyer's Market

Balanced Market

Seller's Market

14%

Of Single Family
Townhouse Listings Sold

IN PAST 30 DAYS

14

Active Single Family
Townhouse Listings

IN PAST 30 DAYS

2

Single Family
Townhouse Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

16%

Higher Than
Last Month

July 2024

18%

Higher Than
Last Year

August 2023

Summary of Sales Volume Change

-67%

Lower Than
Last Month

July 2024

-50%

Lower Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

Single Family Condos

5 Year Trend

Market Status

Buyers Market

  Tsawwassen is currently a Buyers Market. This means that less than 12% of listings are sold within 30 days. Buyers may have a slight advantage when negotiating prices.

Buyer's Market

Balanced Market

Seller's Market

4%

Of Single Family
Condo Listings Sold

IN PAST 30 DAYS

26

Active Single Family
Condo Listings

IN PAST 30 DAYS

1

Single Family
Condo Listings Sold

IN PAST 30 DAYS

Summary of Sales Price Change

-20%

Lower Than
Last Month

July 2024

-36%

Lower Than
Last Year

August 2023

Summary of Sales Volume Change

-80%

Lower Than
Last Month

July 2024

-80%

Lower Than
Last Year

August 2023

Sales Price

Sales-to-Active Ratio

Number of Transactions

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