The Ladner, Tsawwassen Housing Market Trends

 


Ladner, Tsawwassen Market Reports and Forecasts   

Ladner, Tsawwassen Market Update (Detached) namely: Pebble Hill, Tsawwassen Central, Cliff Drive, English Bluff, Hawthorne and all the sub-areas of Ladner, Tsawwassen Real Estate Market Update Report.


Apr 1, 2018

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Current: Ladner, Tsawwassen and S.Delta residential detached housing market have an 12 %SOLD rate making it a Stable's Market. (This means 12 homes out of  100 sold last month with an average $46,900  Discount from the original list price )

Most Active Range: Homes below $1 mill. have 20.7 %SOLD rate
Least Active Range: Homes above $1.8 mill. have 4.3 %SOLD rate

History: Ladner, Tsawwassen and S.Delta Year-To-Date RMR Home Price Index* shows that that prices increased $113,853.
                 *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast:  Ladner, Tsawwassen and S.Delta have 238 homes for sale and with the 12 %SOLD monthly rate gives us ~8 months of inventory. 12% of the active listings have reduced their price by $56,552 on average or $50,100 median in the last month.

March's Real Estate Statistics shows 48% of Vancouver's Detached Markets decreased values this last month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $2,135 which is a slight improvement over the $3,340 decrease that we saw in the month prior. On the Average Fraser Valley continues to show a stronger Market with their $10,681 monthly increase, which is even more than the $8,381 increase that we saw in the month prior. With many new foreign buyer taxes, the much tougher mortgage lending rules, the higher interest rates, pending trade tariffs, we are forecasting the beginning of Buyer's Market across most Detached Markets.

Currently, most of the Condo and Townhouse Markets are hot, and we are seeing higher sales prices across the Greater Vancouver (Lower Mainland). 89% of the Townhouse Markets are currently increasing (25 out of 28 Markets). There is a Notable difference between the top 50% of the attached markets which are stabilizing over the much stronger bottom 50% of the markets which can see multiple offers. We are forecasting a continued Seller's Market in the lower end Condo/Townhouse Markets for the following months. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.

 

 
 

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The Ladner, Tsawwassen Real Estate Market update which includes sub-areas such as Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne are Sponsored by The Biggar Group, RE/MAX Real Estate Services.
We thank The Biggar Group for his support of these Market Updates. Contact Biggars as the Local Expert.
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The Ladner, Tsawwassen City Market Statistics includes sub-areas such as  Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne

The Ladner, Tsawwassen City Market Statistics includes sub-areas such as  Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne

The Ladner, Tsawwassen City Market Statistics includes sub-areas such as  Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne

The Ladner, Tsawwassen City Market Statistics includes sub-areas such as  Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne

Download the full LadnerMarketupdatereport.PDF

The Tsawwassen, Ladner Market Statistics which includes sub-areas such as  Tsawwassen Central, Hawthorne, Cliff Drive, English Bluff, Pebble Hill

The Tsawwassen, Ladner Market Statistics which includes sub-areas such as  Tsawwassen Central, Hawthorne, Cliff Drive, English Bluff, Pebble Hill

The Ladner, Tsawwassen City Market Statistics includes sub-areas such as  Cliff Drive, English Bluff, Pebble Hill, Tsawwassen Central, Hawthorne

The Tsawwassen, Ladner City Real Estate Market reports includes sub-areas such as Hawthorne, Cliff Drive, Tsawwassen Central, English Bluff, Pebble Hill etc


Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report


 

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