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.


June 1, 2018

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Current: Ladner, Tsawwassen and S.Delta residential detached housing market have a 13 %SOLD rate making it a Stable's Market. (This means 13 homes out of  100 sold last month with an average $41,000  Discount from the original list price )

Most Active Range: Homes below $1 mill. have 26.8 %SOLD rate
Least Active Range: Homes between $1.4 mill. - $1.8 mill. have 5.1 %SOLD rate

History: Ladner, Tsawwassen and S.Delta Year-To-Date RMR Home Price Index* show that that prices increased $49,123.
                 *The RMR HPI (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast:  Ladner, Tsawwassen and S.Delta have 302 homes for sale and with the 13 %SOLD monthly rate gives us ~8 months of inventory. 17% of the active listings have reduced their price by $52,722 on average or $50,000 median in the last month.

May's Real Estate Statistics shows 62% of Vancouver's Detached Markets decreased values this last month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price much stronger decrease of $16,674 which is a marked drop over the $4,857 increase that we saw in the month prior. On the Average Monthly Price decrease of $4,469, which is a Big-Switch from the $13,418 increase that we saw in the month prior. At the same time, the Vancouver Detached Markets showed a price decrease of $16,674. With many new foreign buyer taxes, the much tougher mortgage lending rules, the higher interest rates, trade tariffs, we are forecasting a Buyer's Market across most Detached Markets.

Currently, the Condo Market is turning from Hot to a cooler market, with 53% of the Greater Vancouver (Lower Mainland) still increasing. 61% of the Townhouse Markets are decreasing (17 out of 28 Markets). The "Fear-OF Missing-Out" buyer emotions of yesterday are now being replaced with the "I-Will-Wait" Attitude. We are forecasting a Stabilizing/ Buyers 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.
  more details 

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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