Tsawwassen Real Estate Market Update – June 2025

Inventory Surge, Sales Rising, Prices Adjusting

Tsawwassen’s market saw notable inventory growth across all housing types this June, alongside sales increases for detached homes and townhomes, and condo demand rebounding strongly. Prices, however, softened slightly, reflecting more balanced conditions compared to last year.

Key Market Stats for June 2025

Detached Homes

  • Total Active Listings: 196 (+50.8% YoY)
  • Sales: 28 (+27.3% YoY)
  • Days on Market Average: 27 (-20.6% YoY)
  • MLS® HPI Benchmark Price: $1,583,800 (-0.4% YoY)

Condos

  • Total Active Listings: 74 (+5.7% YoY)
  • Sales: 14 (+55.6% YoY)
  • Days on Market Average: 48 (+108.7% YoY)
  • MLS® HPI Benchmark Price: $671,500 (-4.9% YoY)

Townhomes

  • Total Active Listings: 52 (+85.7% YoY)
  • Sales: 12 (+20.0% YoY)
  • Days on Market Average: 27 (+125.0% YoY)
  • MLS® HPI Benchmark Price: $948,300 (-5.3% YoY)

Market Trends & Expert Insights

  • Detached Homes: Higher Sales & Faster Turnover
    Listings surged 50.8%, but strong demand kept sales up 27.3% and average days on market down 20.6%, signaling healthy activity despite mild price softening.
  • Condos: Demand Rebounds, But Longer Time on Market
    Condo sales jumped 55.6% YoY, though properties are taking more than double the time to sell compared to last year. Buyers have more choices and negotiating room.
  • Townhomes: More Listings, Slower Pace
    Inventory nearly doubled, sales climbed 20%, but longer listing times and price dips of 5.3% show that buyers have leverage in this segment.
  • Sales-to-Active Ratio Snapshot:
    • Townhomes: 23.1% → Seller’s Market
    • Condos: 18.9% → Balanced/Slight Seller’s Market
    • Detached: 14.3% → Balanced Market

What This Means for Buyers & Sellers

For Buyers:

  • More inventory means better selection and negotiation power, especially in condos and townhomes.
  • Detached homes remain competitive but no longer ultra-hot—watch for pricing opportunities.

For Sellers:

  • Price competitively and prepare for longer timelines in condos and townhomes.
  • Detached sellers can still capitalize on quicker turnover, but be mindful of market pricing trends.

Final Thoughts

Tsawwassen’s market is in a balanced state overall, with detached homes holding firm, condos bouncing back, and townhomes adjusting to increased supply. Expect steady conditions through summer with slight pricing pressure in attached markets.

Download the Full Market Report

👉 Need a personalized market evaluation? Contact us for expert advice today.