BC Business
Real estate sales data for the week of June 30 to July 6 sourced from real estate boards across the province by 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
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.
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.
Highest single familyAddress: 6588 Vivian Street, Vancouver East/KillarneySold price: $2,820,000List price: $2,899,000Days on market: 6Year built: 2018Size: 7 bedrooms, 8 bathrooms, 4,987 square feet, 5,631.36-square-foot lot
Lowest single familyAddress: 9611 Glenthorne Drive, Richmond/SaundersSold price: $1,068,000List price: $1,180,000Days on market: 14Year built: 1970Size: 4 bedrooms, 2 bathrooms, 1,500 square feet, 6,550-square-foot lot
Highest townhouseAddress: #18, 288 St. David‘s Avenue, North Vancouver/LonsdaleSold price: $755,000List price: $764,900Days on market: 4Year built: 2000Size: 2 bedrooms, 2 bathrooms, 900 square feet
Lowest townhouseAddress: 6792 Dow Avenue, Burnaby South/MetrotownSold price: $580,000List price: $598,000Days on market: 176Year built: 1983Size: 2 bedrooms, 2 bathrooms, 1,079 square feet
Highest condoAddress: #1507, 1133 Hornby Street, Vancouver West/DowntownSold price: $710,000List price: $730,000Days on market: 111Year built: 2018Size: 1 bedroom, 1 bathroom, 653 square feet
Lowest condoAddress: #101, 2334 Marpole Avenue, Port Coquitlam/CentralSold price: $235,000List price: $215,000Days on market: 80Year built: 1976Size: 1 bedroom, 1 bathroom, 641 square feet
Only single familyAddress: 12980 74 Avenue, Surrey/West NewtonSold price: $690,000List price: $699,777Days on market: 5Year built: 1980Size: 3 bedrooms, 2 bathrooms, 1,477 square feet, 3,361-square-foot lot
Highest condo Address: #328, 15380 102A Avenue, North Surrey/GuildfordSold price: $498,500List price: $550,000Days on market: 34Year built: 2006Size: 3 bedrooms, 2 bathrooms, 1,212 square feet
Lowest condo Address: #223, 1850 East Southmere Crescent, South Surrey White Rock/Sunnyside ParkSold price: $319,000List price: $329,800Days on market: 47Year built: 1981Size: 2 bedrooms, 1 bathroom, 845 square feet
Highest single familyAddress: 2355 Tryton Road, North Saanich/Lands EndSold price: $3,100,000List price: $3,250,000Days on market: 21Year built: 2019Size: 3 bedrooms, 3 bathrooms, 3,318 square feet, 21,780-square-foot lot
Lowest single familyAddress: 2486 Fern Way, Sooke/SunriverSold price: $367,362List price: $334,900Days on market: 0Year built: 2019Size: 3 bedrooms, 2 bathrooms, 1,171 square feet, 5,545-square-foot lot
Highest townhouseHighest townhouse: #124, 75 Songhees Road, Victoria West/SongheesSold price: $1,229,000List price: $1,349,000Days on market: 324Year built: 1996Size: 3 bedrooms, 4 bathrooms, 2,636 square feet
Lowest townhouseAddress: #502, 2234 Stone Creek Place, Sooke/BroomhillSold price: $469,900List price: $469,900Days on market: 9Year built: 2010Size: 3 bedrooms, 3 bathrooms, 1,705 square feet
Highest condoAddress: #1209, 160 Wilson Street, Victoria WestSold price: $964,000List price: $990,000Days on market: 9Year built: 2005Size: 2 bedrooms, 3 bathrooms, 1,318 square feet, 1,291-square-foot lot
Lowest condoAddress: #115, 3215 Cowichan Lake Road, Zone 3 DuncanSold price: $168,750List price: $168,500Days on market: 9Year built: 1991Size: 2 bedrooms, 2 bathrooms, 829 square feet
Highest single familyAddress: 1455 Mahon Road, Duncan/ShawniganSold price: $1,400,000List price: $1,475,000Days on market: 18Year built: 1961Size: 7 bedrooms, 3 bathrooms, 2,768 square feet, 17,724-square-foot lot
Lowest single familyAddress: 9327 Lake Trail Place, Duncan/Lake CowichanSold price: $429,900List price: $429,900Days on market: 4Year built: 2019Size: 2 bedrooms, 2 bathrooms, 933 square feet
Only condo/strataAddress: #28, 860 Craig Road, Port Alberni/TofinoSold price: $679,000List price: $699,000Days on market: 12Year built: 1999Size: 2 bedrooms, 2 bathrooms, 1,183 square feet
Highest single familyAddress: 6914 Coburn Street, Powell River/CranberrySold price: $361,500List price: $385,000Days on market: 150Year built: 1954Size: 3 bedrooms, 1 bathroom, 2,880 square feet
Lowest single familyAddress: 5432 Marine Avenue, Powell River/PR TownsiteSold price: $335,000List price: $314,900Days on market: 7Year built: 1928Size: 5 bedrooms, 2 bathrooms, 2,094 square feet, 6,188-square-foot lot
Highest single familyAddress: 204 Yorkton Avenue, Penticton/Main SouthSold price: $775,000List price: $800,000Days on market: 31Year built: 1978Size: 3 bedrooms, 3 bathrooms, 2,300 square feet, 10,193-square-foot lot
Lowest single familyAddress: 310 Copper Avenue North, Other AreasSold price: $130,000List price: $145,000Days on market: 86Year built: 1975Size: 2 bedrooms, 1 bathroom, 900 square feet, 7,449-square-foot lot
Highest townhouseAddress: #41, 2000 Valleyview Drive, OsoyoosSold price: $774,300List price: $729,000Days on market: 34Year built: N/ASize: 3 bedrooms, 3 bathrooms, 1,410 square feet
Lowest townhouseAddress: #102, 320 Brandon Avenue, Penticton/Main SouthSold price: $336,000List price: $375,000Days on market: 125Year built: 1986Size: 2 bedrooms, 2 bathrooms, 1,262 square feet
Highest condoAddress: #1501, 160 Lakeshore Drive West, Penticton/Main NorthSold price: $2,085,000List price: $2,595,000Days on market: 60Year built: 2008Size: 2 bedrooms, 3 bathrooms, 2,192 square feet
Lowest condoAddress: #106, 337 McKinney Road, OliverSold price: $154,000List price: $159,000Days on market: 63Year built: 1987Size: 2 bedrooms, 1 bathroom, 879 square feet
Highest single familyAddress: 3042 Dunster Road, Central Okanagan/South East KelownaSold price: $1,940,000List price: $2,149,000Days on market: 78Year built: 1978Size: 3 bedrooms, 4 bathrooms, 2,763 square feet, 3.33-acre lot
Lowest single familyAddress: 67 Wilson, Shuswap/RevelstokeSold price: $218,000List price: $230,000Days on market: 64Year built: 1971Size: 3 bedrooms, 1 bathroom, 1,057 square feet, 18,295-square-foot lot
Highest townhouseAddress: 1029 Wilson Avenue, Central Okanagan/Kelowna NorthSold price: $665,725List price: $649,000Days on market: 84Year built: 2019Size: 3 bedrooms, 3 bathrooms, 1,602 square feet
Lowest townhouseAddress: #24, 4602 – 20 Street, North Okanagan/HarwoodSold price: $125,900List price: $129,900Days on market: 14Year built: 2019Size: 0 bedrooms, 1 bathroom, 304 square feet
Highest condoAddress: #1601, 1947 Underhill Street, Central Okanagan/Springfield/SpellSold price: $895,000List price: $895,000Days on market: 10Year built: 2005Size: 2 bedrooms, 2 bathrooms, 1,918 square feet
Lowest condoAddress: #465, 1288 Water Street, Central Okanagan/Kelowna NorthSold price: $85,000List price: $88,800Days on market: 93Year built: 2006Size: 3 bedrooms, 2 bathrooms, 1,170 square feet
Highest single familyAddress: 2659 Bentall Drive, Kamloops/AberdeenSold price: $979,000List price: $1,100,000Days on market: 27Year built: 2018Size: 3 bedrooms, 3 bathrooms, 4,460 square feet, 10,800-square-foot lot
Lowest single familyAddress: 689 Bradford Road, North East/BarriereSold price: $358,500List price: $379,000Days on market: 154Year built: 1978Size: 4 bedrooms, 2 bathrooms, 1,937 square feet, 16,552-square-foot lot
Only townhouseAddress: #50, 1697 Greenfield Avenue, Kamloops/BrocklehurstSold price: $239,000List price: $234,900Days on market: 18Year built: 1971Size: 3 bedrooms, 1 bathroom, 1,050 square feet
Only condoAddress: #2113, 1030 Talasa Way, Kamloops/Sun RiversSold price: $307,500List price: $314,900Days on market: 96Year built: 2010Size: 2 bedroom, 1 bathroom, 866 square feet
Highest single familyAddress: 1826 West Lake Drive, Grand Forks Rural/Christina LakeSold price: $1,050,000List price: $1,280,000Days on market: 65Year built: 1940Size: 2 bedrooms, 1 bathroom, 1,054 square feet, 67,518-square-foot lot
Lowest single familyAddress: 306 Newman Street, Creston Rural/Arrow Creek to YahkSold price: $95,000List price: $124,900Days on market: 679Year built: 1977Size: 3 bedrooms, 1 bathroom, 1,064 square feet, 8,712-square-foot lot
Highest townhouseAddress: #13, 1322 Kaufmann Trail, Golden Rural/West/North Highway 1Sold price: $370,000List price: $369,900Days on market: 21Year built: 2008Size: 2 bedrooms, 1 bathroom, 770 square feet
Lowest townhouseAddress: #103, 202 11th Avenue, Castlegar/North CastlegarSold price: $165,000List price: $179,000Days on market: 78Year built: 1993Size: 2 bedrooms, 1 bathroom, 695 square feet
Highest condoAddress: #203, 4320 Red Mountain Road, RosslandSold price: $361,000List price: $395,000Days on market: 88Year built: 2008Size: 3 bedrooms, 2 bathrooms, 1,237 square feet
Lowest condoAddress: #108, 2321 12th Street, Cranbrook NorthSold price: $59,900List price: $59,900Days on market: 24Year built: 1982Size: 1 bedroom, 1 bathroom, 628 square feet
Highest single familyAddress: 1528 Kenworth Street, Terrace/ThornhillSold price: $585,000List price: $624,000Days on market: 260Year built: 1991Size: 3 bedrooms, 3 bathrooms, 2,630 square feet, 6.19-acre lot
Lowest single familyAddress: 3 Gagnon Crescent, Mackenzie TownSold price: $90,000List price: $104,900Days on market: 82Year built: 1971Size: 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.