East Van exterior
Credit: Zolo Realty

The second-priciest residential property sold in B.C. last week, located in East Vancouver, includes a two-bedroom legal suite in the basement plus a coach house with two bedrooms and a den

BCBusiness’s weekly snapshot of what’s selling around the province

Last week the Greater Vancouver Real Estate Board reported that sales in Metro Vancouver were almost 35 percent below the 10-year average for June and the lowest for the month in 19 years.

“Carnage makes the news,” says Zolo Realty director of content Romana King, adding that the weak sales activity means sellers need to temper expectations. Buyers, on the other hand, should shop and negotiate aggressively, which is what quite a few have been doing.

Saanich
Credit: Zolo Realty

The most expensive home sold in the province last week is a custom new-build with ocean  views in Lands End, a stone’s throw from the Swartz Bay ferry terminal on Vancouver Island

According to MLS figures analyzed by Vancouver-based Zolo for BCBusiness, the most-expensive property sold last week was a single-family home in North Saanich on Vancouver Island. It went for $3.1 million, about 95 percent of list price, and was only on the market for 21 days.

The second-highest sale was a house in the Vancouver East/Killarney neighbourhood. It was purchased for 97 percent of asking—$2.82 million—after just six days on the market.

Across all B.C. real estate boards, there were several sales above what King calls “that magic (yet arbitrary) number of $1 million.” Of the 43 priciest and cheapest properties sold last week, 26 percent went for list price or above and another 63 percent for 90 to 99.99 percent. See more details for each real estate board below: list and sold prices, days on market, size of home and property.

Real Estate Board of Greater Vancouver

Highest single family
Address: 6588 Vivian Street, Vancouver East/Killarney
Sold price: $2,820,000
List price: $2,899,000
Days on market: 6
Year built: 2018
Size: 7 bedrooms, 8 bathrooms, 4,987 square feet, 5,631.36-square-foot lot

Lowest single family
Address: 9611 Glenthorne Drive, Richmond/Saunders
Sold price: $1,068,000
List price: $1,180,000
Days on market: 14
Year built: 1970
Size: 4 bedrooms, 2 bathrooms, 1,500 square feet, 6,550-square-foot lot

Highest townhouse
Address
: #18, 288 St. Davids Avenue, North Vancouver/Lonsdale
Sold price: $755,000
List price: $764,900
Days on market: 4
Year built: 2000
Size: 2 bedrooms, 2 bathrooms, 900 square feet

Lowest townhouse
Address
: 6792 Dow Avenue, Burnaby South/Metrotown
Sold price: $580,000
List price: $598,000
Days on market: 176
Year built: 1983
Size: 2 bedrooms, 2 bathrooms, 1,079 square feet

Highest condo
Address: #1507, 1133 Hornby Street, Vancouver West/Downtown
Sold price: $710,000
List price: $730,000
Days on market: 111
Year built: 2018
Size: 1 bedroom, 1 bathroom, 653 square feet

Lowest condo
Address: #101, 2334 Marpole Avenue, Port Coquitlam/Central
Sold price: $235,000
List price: $215,000
Days on market: 80
Year built: 1976
Size: 1 bedroom, 1 bathroom, 641 square feet

Fraser Valley Real Estate Board

Only single family
Address: 12980 – 74 Avenue, Surrey/West Newton
Sold price: $690,000
List price: $699,777
Days on market: 5
Year built: 1980
Size: 3 bedrooms, 2 bathrooms, 1,477 square feet, 3,361-square-foot lot

Highest condo 
Address: #328, 15380 – 102A Avenue, North Surrey/Guildford
Sold price: $498,500
List price: $550,000
Days on market: 34
Year built: 2006
Size: 3 bedrooms, 2 bathrooms, 1,212 square feet

Lowest condo 
Address: #223, 1850 East Southmere Crescent, South Surrey White Rock/Sunnyside Park
Sold price: $319,000
List price: $329,800
Days on market: 47
Year built: 1981
Size: 2 bedrooms, 1 bathroom, 845 square feet

Victoria Real Estate Board

Highest single family
Address: 2355 Tryton Road, North Saanich/Lands End
Sold price: $3,100,000
List price: $3,250,000
Days on market: 21
Year built: 2019
Size: 3 bedrooms, 3 bathrooms, 3,318 square feet, 21,780-square-foot lot

Lowest single family
Address:
2486 Fern Way, Sooke/Sunriver
Sold price: $367,362
List price: $334,900
Days on market: 0
Year built: 2019
Size: 3 bedrooms, 2 bathrooms, 1,171 square feet, 5,545-square-foot lot

Highest townhouse
Highest townhouse: #124, 75 Songhees Road, Victoria West/Songhees
Sold price: $1,229,000
List price: $1,349,000
Days on market: 324
Year built: 1996
Size: 3 bedrooms, 4 bathrooms, 2,636 square feet

Lowest townhouse
Address: #502, 2234 Stone Creek Place, Sooke/Broomhill
Sold price: $469,900
List price: $469,900
Days on market: 9
Year built: 2010
Size: 3 bedrooms, 3 bathrooms, 1,705 square feet

Highest condo
Address: #1209, 160 Wilson Street, Victoria West
Sold price: $964,000
List price: $990,000
Days on market: 9
Year built: 2005
Size: 2 bedrooms, 3 bathrooms, 1,318 square feet, 1,291-square-foot lot

Lowest condo
Address: #115, 3215 Cowichan Lake Road, Zone 3 – Duncan
Sold price: $168,750
List price: $168,500
Days on market:
 9
Year built: 1991
Size: 2 bedrooms, 2 bathrooms, 829 square feet

Victoria Island Real Estate Board

Highest single family
Address: 1455 Mahon Road, Duncan/Shawnigan
Sold price: $1,400,000
List price: $1,475,000
Days on market: 18
Year built: 1961
Size: 7 bedrooms, 3 bathrooms, 2,768 square feet, 17,724-square-foot lot

Lowest single family
Address:
9327 Lake Trail Place, Duncan/Lake Cowichan
Sold price: $429,900
List price: $429,900
Days on market: 4
Year built: 2019
Size: 2 bedrooms, 2 bathrooms, 933 square feet

Only condo/strata
Address:
#28, 860 Craig Road, Port Alberni/Tofino
Sold price:
$679,000
List price: 
$699,000
Days on market: 
12
Year built: 
1999
Size: 
2 bedrooms, 2 bathrooms, 1,183 square feet

Powell River Sunshine Coast Real Estate Board

Highest single family
Address: 6914 Coburn Street, Powell River/Cranberry
Sold price: $361,500
List price: $385,000
Days on market: 150
Year built: 1954
Size: 3 bedrooms, 1 bathroom, 2,880 square feet

Lowest single family
Address: 5432 Marine Avenue, Powell River/PR Townsite
Sold price: $335,000
List price: $314,900
Days on market: 7
Year built: 1928
Size: 5 bedrooms, 2 bathrooms, 2,094 square feet, 6,188-square-foot lot

South Okanagan Real Estate Board

Highest single family
Address: 204 Yorkton Avenue, Penticton/Main South
Sold price: $775,000
List price: $800,000
Days on market: 31
Year built: 1978
Size: 3 bedrooms, 3 bathrooms, 2,300 square feet, 10,193-square-foot lot

Lowest single family
Address: 310 Copper Avenue North, Other Areas
Sold price: $130,000
List price: $145,000
Days on market: 86
Year built: 1975
Size: 2 bedrooms, 1 bathroom, 900 square feet, 7,449-square-foot lot

Highest townhouse
Address: #41, 2000 Valleyview Drive, Osoyoos
Sold price: $774,300
List price: $729,000
Days on market: 34
Year built: N/A
Size: 3 bedrooms, 3 bathrooms, 1,410 square feet

Lowest townhouse
Address:
#102, 320 Brandon Avenue, Penticton/Main South
Sold price: $336,000
List price: $375,000
Days on market: 125
Year built: 1986
Size: 2 bedrooms, 2 bathrooms, 1,262 square feet

Highest condo
Address: #1501, 160 Lakeshore Drive West, Penticton/Main North
Sold price: $2,085,000
List price: $2,595,000
Days on market: 60
Year built: 2008
Size: 2 bedrooms, 3 bathrooms, 2,192 square feet

Lowest condo
Address: #106, 337 McKinney Road, Oliver
Sold price: $154,000
List price: $159,000
Days on market: 63
Year built: 1987
Size: 2 bedrooms, 1 bathroom, 879 square feet

Okanagan Mainline Real Estate Board

Highest single family
Address: 3042 Dunster Road, Central Okanagan/South East Kelowna
Sold price: $1,940,000
List price: $2,149,000
Days on market: 78
Year built: 1978
Size: 3 bedrooms, 4 bathrooms, 2,763 square feet, 3.33-acre lot

Lowest single family
Address: 67 Wilson, Shuswap/Revelstoke
Sold price: $218,000
List price: $230,000
Days on market: 64
Year built: 1971
Size: 3 bedrooms, 1 bathroom, 1,057 square feet, 18,295-square-foot lot

Highest townhouse
Address: 1029 Wilson Avenue, Central Okanagan/Kelowna North
Sold price: $665,725
List price: $649,000
Days on market: 84
Year built: 2019
Size: 3 bedrooms, 3 bathrooms, 1,602 square feet

Lowest townhouse
Address: #24, 4602 - 20 Street, North Okanagan/Harwood
Sold price: $125,900
List price: $129,900
Days on market: 14
Year built: 2019
Size: 0 bedrooms, 1 bathroom, 304 square feet

Highest condo
Address: #1601, 1947 Underhill Street, Central Okanagan/Springfield/Spell
Sold price: $895,000
List price: $895,000
Days on market: 10
Year built: 2005
Size: 2 bedrooms, 2 bathrooms, 1,918 square feet

Lowest condo
Address: #465, 1288 Water Street, Central Okanagan/Kelowna North
Sold price: $85,000
List price: $88,800
Days on market: 93
Year built: 2006
Size: 3 bedrooms, 2 bathrooms, 1,170 square feet

Kamloops & District Real Estate Association

Highest single family
Address: 2659 Bentall Drive, Kamloops/Aberdeen
Sold price: $979,000
List price: $1,100,000
Days on market: 27
Year built: 2018
Size: 3 bedrooms, 3 bathrooms, 4,460 square feet, 10,800-square-foot lot

Lowest single family
Address: 689 Bradford Road, North East/Barriere
Sold price: $358,500
List price: $379,000
Days on market: 154
Year built: 1978
Size: 4 bedrooms, 2 bathrooms, 1,937 square feet, 16,552-square-foot lot

Only townhouse
Address: #50, 1697 Greenfield Avenue, Kamloops/Brocklehurst
Sold price: $239,000
List price: $234,900
Days on market: 18
Year built: 1971
Size: 3 bedrooms, 1 bathroom, 1,050 square feet

Only condo
Address: #2113, 1030 Talasa Way, Kamloops/Sun Rivers
Sold price: $307,500
List price: $314,900
Days on market: 96
Year built: 2010
Size: 2 bedroom, 1 bathroom, 866 square feet

Kootenay Real Estate Board

Highest single family
Address: 1826 West Lake Drive, Grand Forks Rural/Christina Lake
Sold price: $1,050,000
List price: $1,280,000
Days on market: 65
Year built: 1940
Size: 2 bedrooms, 1 bathroom, 1,054 square feet, 67,518-square-foot lot

Lowest single family
Address: 306 Newman Street, Creston Rural/Arrow Creek to Yahk
Sold price: $95,000
List price: $124,900
Days on market: 679
Year built: 1977
Size: 3 bedrooms, 1 bathroom, 1,064 square feet, 8,712-square-foot lot

Highest townhouse
Address: #13, 1322 Kaufmann Trail, Golden Rural/West/North Highway 1
Sold price: $370,000
List price: $369,900
Days on market: 21
Year built: 2008
Size: 2 bedrooms, 1 bathroom, 770 square feet

Lowest townhouse
Address: #103, 202 11th Avenue, Castlegar/North Castlegar
Sold price: $165,000
List price: $179,000
Days on market: 78
Year built: 1993
Size: 2 bedrooms, 1 bathroom, 695 square feet

Highest condo
Address: #203, 4320 Red Mountain Road, Rossland
Sold price: $361,000
List price: $395,000
Days on market: 88
Year built: 2008
Size: 3 bedrooms, 2 bathrooms, 1,237 square feet

Lowest condo
Address: #108, 2321 12th Street, Cranbrook North
Sold price: $59,900
List price: $59,900
Days on market: 24
Year built: 1982
Size: 1 bedroom, 1 bathroom, 628 square feet

BC Northern Real Estate Board

Highest single family
Address: 1528 Kenworth Street, Terrace/Thornhill
Sold price: $585,000
List price: $624,000
Days on market: 260
Year built: 1991
Size: 3 bedrooms, 3 bathrooms, 2,630 square feet, 6.19-acre lot 

Lowest single family
Address: 3 Gagnon Crescent, Mackenzie Town
Sold price: $90,000
List price: $104,900
Days on market: 82
Year built: 1971
Size: 3 bedrooms, 2 bathrooms, 1,734 square feet, 7,475-square-foot lot 

Sales data was obtained from B.C. real estate boards by Zolo Realty on behalf of BCBusiness. The type of information from each board may vary. Zolo pulls the data on Sunday night or Monday morning, so any of the previous week's sales entered in the MLS system later that day will be included in statistics for the following week.

Zolo was launched in Vancouver in 2012 by tech entrepreneurs Riley Best, who had previously started and sold a U.K online dating site, and Jason Billingsley, who had helped found a business-to-business e-commerce operation. Looking for a new venture, the pair realized that real estate was ripe for disruption. Their primary interest was sales data, but to gain access and monetize it, they needed to be a licensed brokerage. The result was Zolo, headquartered in Vancouver, with offices in Vancouver, Toronto, Calgary and Regina

More than six million home shoppers a month start their search on Zolo.ca, which posts real estate tips and timely statistics, too. It also helps owners sell their homes, either on their own or through an agent.