BC Business
Real estate sales data for the week of October 20 to 26 sourced from real estate boards across the province by Zolo Realty
Look familiar? The priciest property sold last week was previously a BCBusiness Big Fat Deal
In Metro Vancouver, there are a handful of neighbourhoods that command ultra-high prices of $10 million and up. Kitsilano is one of them—last week, a single-family home sold for $15.5 million, according to data analyzed by Vancouver-based Zolo Realty on behalf of BCBusiness.
Built in 1996, this four-bedroom, five-bathroom house sat on the market for 212 days before selling for 87 percent of list price. The property is just minutes from the Kitsilano pool and across the street from the beach and the ocean, with stunning water views.
The second-priciest property to sell last week was also in the Vancouver, but this time it was a three-bedroom, four-bathroom Yaletown condo. Listed for $4.99 million, it ended up going for 95 percent of the seller’s price after 53 days.
The home that sat on the market the longest before selling last week was 393-square-foot condo in Elkford, near the B.C.-Alberta border. Built in 1980, this studio apartment took 489 days to sell, fetching 87 percent of the $59,000 list price.
As predicted, sales activity is starting to slow we get further into fall and winter weather. Only 18 percent of properties tracked last week sold for 100 percent of list price or more (double compared to the week before Thanksgiving weekend but slightly down from previous weeks). Another 43 percent sold for close to list price (between 90.0 and 99.99 percent), which is in line with prior weeks’ sales activity. For the first time in a month, one property sold for less than 75 percent of asking. The home, located in 100 Mile House near Horse Lake and listed for $369,000, went for $239,000 after sitting on the market for 125 days.
Details from each of B.C.’s real estate boards for the highest- and lowest-priced properties sold across the province last week are provided below
Highest single familyAddress: 2707 Point Grey Road, Vancouver West/KitsilanoSold price: $15,500,000List price: $17,800,000Days on market: 212Year built: 1996Size: 4 bedrooms, 5 bathrooms, 5,269 square feet, 7,669-square-foot lot
Lowest single familyAddress: 5660 Partridge Way, Sunshine Coast/Sechelt DistrictSold price: $571,333List price: $599,900Days on market: 162Year built: 2019Size: 3 bedrooms, 2 bathrooms, 1,305 square feet, 5,490-square-foot lot
Highest townhouseAddress: #9, 8030 Nicklaus North Boulevard, Whistler/Green Lake EstatesSold price: $1,765,000List price: $1,939,000Days on market: 136Year built: 1997Size: 3 bedrooms, 3 bathrooms, 1,710 square feet
Lowest townhouseAddress: 8555 Woodridge Place, Burnaby North/Forest HillsSold price: $725,000List price: $699,9000Days on market: 6Year built: 1981Size: 4 bedrooms, 3 bathrooms, 1,786 square feet
Highest condoAddress: #801, 1515 Homer Mews, Vancouver West/YaletownSold price: $4,750,000List price: $4,997,000Days on market: 53Year built: 2005Size: 3 bedrooms, 4 bathrooms, 2,183 square feet
Lowest condoAddress: #1105, 680 Clarkson Street, New Westminster/DowntownSold price: $314,000List price: $319,000Days on market: 20Year built: 1999Size: 0 bedrooms, 1 bathroom, 368 square feet
Highest single familyAddress: 13175 19A Avenue, South Surrey White Rock/Crescent Beach Ocean ParkSold price: $2,275,000List price: $2,688,000Days on market: 159Year built: 2019Size: 5 bedrooms, 7 bathrooms, 5,829 square feet, 8,866-square-foot lot
Lowest single familyAddress: 2671 Wildwood Drive, Langley/Willoughby HeightsSold price: $659,000List price: $629,900Days on market: 5Year built: 1983Size: 5 bedrooms, 2 bathrooms, 2,125 square feet, 4,799-square-foot lot
Only townhouseAddress: 10634 Holly Park Lane, North Surrey/GuildfordSold price: $355,000List price: $400,000Days on market: 37Year built: 1979Size: 2 bedrooms, 1 bathroom, 1,046 square feet
Only condoAddress: #2008, 13399 104 Avenue, North Surrey/WhalleySold price: $442,000List price: $439,000Days on market: 4Year built: 2009Size: 2 bedrooms, 1 bathroom, 759 square feet
Highest single familyAddress: 904 Cobblestone Lane, Saanich East/BroadmeadSold price: $2,040,000List price: $2,480,000Days on market: 100Year built: 1997Size: 5 bedrooms, 4 bathrooms, 4,830 square feet, 24,524-square-foot lot
Lowest single familyAddress: 2820 Sybronden Lane, Langford/Langford ProperSold price: $530,000List price: $519,900Days on market: 8Year built: 1945Size: 3 bedrooms, 3 bathrooms, 1,534 square feet, 7,405-square-foot lot
Highest townhouseAddress: #4, 720 Linden Avenue, Victoria/Fairfield WestSold price: $937,500List price: $949,000Days on market: 28Year built: 2011Size: 3 bedrooms, 3 bathrooms, 1,535 square feet, 2,471-square-foot lot
Lowest townhouseAddress: #1, 1705 Kerrisdale Road, Zone 5 Nanaimo/Central NanaimoSold price: $305,000List price: $329,800Days on market: 69Year built: 1994Size: 3 bedrooms, 2 bathrooms, 1,400 square feet
Highest condoAddress: #405, 1175 Beach Road, Oak Bay/South Oak BaySold price: $1,500,000List price: $1,715,000Days on market: 80Year built: 2012Size: 2 bedrooms, 3 bathrooms, 1,291 square feet
Lowest condoAddress: #301, 859 Carrie Street, Esquimalt/Old EsquimaltSold price: $270,000List price: $289,000Days on market: 45Year built: 1977Size: 2 bedrooms, 1 bathroom, 801 square feet
Highest single familyAddress: 6389 Icarus Drive, Zone 4 Nanaimo/North NanaimoSold price: $772,000List price: $799,000Days on market: 40Year built: 1994Size: 4 bedrooms, 3 bathrooms, 3,032 square feet, 7,029-square-foot lot
Lowest single familyAddress: 565 Dogwood Street, Zone 1 Campbell River/CentralSold price: $265,000List price: $299,000Days on market: 46Year built: 1951Size: 3 bedrooms, 1 bathroom, 1,031 square feet, 7,405-square-foot lot
Only condo/strataAddress: #A, 1252 Mayfair Road, Zone 2 Comox Valley/Comox PeninsulaSold price: $460,000List price: $474,900Days on market: 24Year built: 2012Size: 3 bedrooms, 3 bathrooms, 1,463 square feet
Highest single familyAddress: 6833 Klahanie Drive, Powell River/NorthSold price: $570,000List price: $640,000Days on market: 102Year built: N/ASize: 2 bedrooms, 2 bathrooms, 1,670 square feet, 9,600-square-foot lot
Lowest single familyAddress: 3210 Highway 101, Powell River/NorthSold price: $318,000List price: $339,000Days on market: 69Year built: 1981Size: 2 bedrooms, 1 bathroom, 600 square feet, 2.5-acre lot
Only condoAddress: #201, 4510 Willingdon Avenue, Powell River-WestviewSold price: $360,700List price: $369,900Days on market: 22Year built: 1996Size: 2 bedrooms, 2 bathrooms, 1,305 square feet
Highest single familyAddress: 186 Jewell Place, Summerland/Main TownSold price: $1,050,000List price: $1,229,000Days on market: 113Year built: 2011Size: 6 bedrooms, 6 bathrooms, 5,580 square feet, 16,030-square-foot lot
Lowest single familyAddress: 1433 100 Avenue, Northern Lights Area/Dawson CreekSold price: $75,500List price: $99,000Days on market: 56Year built: N/ASize: 2 bedrooms, 1 bathroom, 914 square feet, 7,500-square-foot lot
Highest townhouseAddress: #134, 805 Comox Street, Penticton/Main NorthSold price: $475,000List price: $499,000Days on market: 46Year built: 1991Size: 2 bedrooms, 2 bathrooms, 1,560 square feet
Lowest townhouseAddress: #1, 3038 Orchard Drive, KeremeosSold price: $193,500List price: $199,800Days on market: 45Year built: 1994Size: 2 bedrooms, 2 bathrooms, 1,206 square feet
Highest condoAddress: #407, 75 Martin Street, Penticton/Main NorthSold price: $607,000List price: $749,900Days on market: 170Year built: 2008Size: 2 bedrooms, 2 bathrooms, 1,395 square feet
Lowest condoAddress: #309A, 921 Spillway Road, OliverSold price: $205,000List price: $219,000Days on market: 83Year built: 2006Size: 2 bedrooms, 2 bathrooms, 975 square feet
Highest single familyAddress: 5272 Lakeshore Road, Central Okanagan/Upper MissionSold price: $2,310,000List price: $2,599,000Days on market: 26Year built: 1969Size: 4 bedrooms, 4 bathrooms, 2,700 square feet, 9,147-square-foot lot
Lowest single familyAddress: 39 Louie’s Lane, North OkanaganSold price: $242,875List price: $299,600Days on market: 133Year built: 1984Size: 4 bedrooms, 2 bathrooms, 2,022 square feet, 10,000-square-foot lot
Highest townhouseAddress: #2, 4365 Beach Avenue, Central Okanagan/PeachlandSold price: $1,045,000List price: $1,045,000Days on market: 145Year built: 2019Size: 3 bedrooms, 3 bathrooms, 2,086 square feet
Lowest townhouseAddress: #4, 233 Brooke Drive, Outside Board Area/CH-ChaseSold price: $225,000List price: $235,000Days on market: 26Year built: 1994Size: 4 bedrooms, 4 bathrooms, 2,025 square feet, 13,068-square-foot lot
Highest condoAddress: #336, 1088 Sunset Drive, Central Okanagan/Kelowna NorthSold price: $715,000List price: $759,900Days on market: 46Year built: 2002Size: 4 bedrooms, 2 bathrooms, 2,037 square feet
Lowest condoAddress: #206, 5340 Big White Road, Central Okanagan/Big WhiteSold price: $95,111List price: $118,000Days on market: 273Year built: 1997Size: 0 bedrooms, 1 bathroom, 363 square feet
Highest townhouseAddress: #4, 2630 Nechako Drive, Kamloops/Juniper HeightsSold price: $480,000List price: $480,000Days on market: 14Year built: 1994Size: 2 bedrooms, 2 bathrooms, 2,421 square feet
Lowest townhouseAddress: #57, Summit Drive, Kamloops/SahaliSold price: $185,000List price: $189,900Days on market: 9Year built: 1976Size: 2 bedrooms, 1 bathroom, 890 square feet
Highest single familyAddress: 3051 Keniris Road, Nelson Rural/North Nelson to Kokanee CreekSold price: $1,076,000List price: $1,124,900Days on market: 22Year built: 2003Size: 4 bedrooms, 6 bathrooms, 4,303 square feet, 1.23-acre lot
Lowest single familyAddress: 601 Ibbitson Street, CrestonSold price: $120,000List price: $115,000Days on market: 4Year built: N/ASize: 2 bedrooms, 1 bathroom, 825 square feet, 7,210-square-foot lot
Highest townhouseAddress: #37, 1000 9th Street, Invermere/InvermereSold price: $272,500List price: $289,900Days on market: 41Year built: 2008Size: 3 bedrooms, 2 bathrooms, 1,197 square feet
Lowest townhouseAddress: #705, 200 Black Forest Trail, Invermere Rural/WindermereSold price: $155,000List price: $164,900Days on market: 48Year built: 2006Size: 2 bedrooms, 2 bathrooms, 1,077 square feet
Highest condoAddress: 829 Nelson Avenue, NelsonSold price: $419,000List price: $419,000Days on market: 3Year built: 1997Size: 2 bedrooms, 2 bathrooms, 1,263 square feet
Lowest condoAddress: #103B, 1802 Alpine Drive, ElkfordSold price: $51,500List price: $59,000Days on market: 489Year built: 1980Size: 0 bedrooms, 1 bathroom, 393 square feet
Highest single familyAddress: 6175 Horse Lake Road, 100 Mile House/Horse LakeSold price: $239,000List price: $369,000Days on market: 125Year built: 1995Size: 3 bedrooms, 2 bathrooms, 1,588 square feet, 2-acre lot
Lowest single familyAddress: 5355 Willow Road, Fort Nelson/TownSold price: $43,000List price: $54,000Days on market: 137Year built: 1979Size: 3 bedrooms, 3 bathrooms, 2,214 square feet, 7,200-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. Because real estate records are amended and updated daily, information is always changing, and it can take three months or longer to reflect final statistics.
Zolo was launched in Vancouver in 2012 by tech entrepreneurs Ryley 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.