Tsawwassen Real Estate Market Report

The Tsawwassen, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $1.1M, down 4.8% year-over-year.

There are currently 103 active listings, representing 17.2 months of inventory. According to Greater Vancouver REALTORS (HPI), there were 42 sales in July 2026. Inventory has increased 28.8% compared to last month.

Currently, listings spend an average of 61 days on market and the average price per square foot is $626.

Board Data vs Our Listings

MetricGreater Vancouver REALTORS (HPI)Our Listings
Benchmark / Median Price$1.1M$839K
Active Listings302103
Detached Benchmark$1.5M$1.3M
Townhouse Benchmark$938K$868K
Apartment Benchmark$590K$600K

Detached properties make up the largest share of the Tsawwassen market at 33% of active listings with an average price of $1.3M. Condo listings follow at 33% (avg $600K).

Sales Activity & Absorption

Volume

6
Sold (30d)
26
Sold (90d)
61
Avg DOM
23
New (30d)

Market Signals

0
Price Cuts (30d)
7
New (7d)
67%
Sell-Through
96.2%
List-to-Sale

Greater Vancouver REALTORS (HPI) reported 42 sales this period, 23 new listings appeared in the past month.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
17.2months
Strong Buyer's Market
Sell-Through Rate66.7%
Inventory Change (30d)+28.8%
Board Active Listings302
Site Active Listings103

With 17.2 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Tsawwassen North74$981K
Boundary Beach8$1.3M
Cliff Drive7$1.1M
English Bluff5$1.9M
Avg 2 schools nearbyAvg 7 parks nearbyAvg 10 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $839K, 20% down, 25yr amortization
$3,904/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Tsawwassen market currently has 103 active listings with a median price of $839K and 17.2 months of inventory.

According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $1.1M (-4.8% year-over-year). There were 42 sales recorded

  • High inventory (17.2 months) favors buyers
  • Prices rising (9% in 30 days)
  • Low price reduction rate (0% of listings)
  • Slow-moving market (61 avg days on market)
  • Average price per square foot is $626
  • Sold properties averaged -1 days on market

For Buyers

The Tsawwassen market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 7 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. The current sell-through rate is 67%.

Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Greater Vancouver REALTORS (HPI). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.