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Credit: Courtesy of Zolo Realty

The view from the priciest property to sell in B.C. last week

The most expensive residential property to sell last week was in West Vancouver, according to data analyzed by Vancouver-based Zolo Realty on behalf of BCBusiness. The single-family home in Dundarave went for just under 81 percent of the $6.68-million list price. It had been on the market for almost three months, likely because sales activity for higher-priced residential properties has dropped dramatically in the past year, notes Zolo director of content Romana King.

The No. 2 spot was at the opposite end of the Lower Mainland near the Peace Arch in South Surrey. This single-family residence was listed for just over two months before selling for 88 percent of the $3.97-million asking price.

The property that had been on the market the longest was a 5,390-square-foot single-family home near Malahat, 30 minutes from Victoria. Listed for $3.7 million, the five-bedroom, six-bathroom home fetched $2.66 million after 466 days.

Sales activity continues to slow, which isn’t a big problem given the season and with fairly stable prices across the Lower Mainland, King observes. “It will be interesting to see what the new federal government will announce in the coming weeks and months, and whether or not new policies will once again impact B.C.’s residential real estate marketplace,” she says.

Like last week, relatively few properties (14 percent) sold for more than list price. Another 52 percent sold for close to list price (between 90.0 and 99.99 percent), which is in line, though slightly lower, than previous weeks. For the second week in a row, a property sold for less than 75 percent of list price: located in Princeton, between Hope and Penticton, it went for just under 69 percent of the $159,900 list price after 229 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

Real Estate Board of Greater Vancouver

Highest single family
Address: 2302 Bellevue Avenue, West Vancouver/Dundarave
Sold price: $5,400,000
List price: $6,680,000
Days on market: 163
Year built: 1986
Size: 3 bedrooms, 3 bathrooms, 3,057 square feet, 8,073-square-foot lot

Lowest single family
Address: 2075 Austin Avenue, Coquitlam/Central Coquitlam
Sold price: $925,000
List price: $898,000
Days on market: 6
Year built: 1964
Size: 5 bedrooms, 2 bathrooms, 2,318 square feet, 8,125-square-foot lot

Highest townhouse
Address
: 322 West 62nd Avenue, Vancouver West/Marpole
Sold price: $1,385,000
List price: $1,490,000
Days on market: 8
Year built: 2017
Size: 3 bedrooms, 4 bathrooms, 1,461 square feet

Lowest townhouse
Address:
348 Taylor Way, West Vancouver/Park Royal
Sold price: 
$998,000
List price: 
$1,398,000
Days on market:
153
Year built:
1993
Size:
3 bedrooms, 3 bathrooms, 2,035 square feet

Highest condo
Address: #109, 3690 Banff Court, North Vancouver/Northlands
Sold price: $789,200
List price: $819,000
Days on market: 29
Year built: 1992
Size: 2 bedrooms, 2 bathrooms, 1,316 square feet

Lowest condo
Address: #318, 8900 Citation Drive, Richmond/Brighouse
Sold price: $305,000
List price: $325,000
Days on market: 41
Year built: 1980
Size: 1 bedroom, 1 bathroom, 699 square feet

Fraser Valley Real Estate Board

Highest single family
Address: 1467 – 176 Street, South Surrey White Rock/Pacific Douglas
Sold price: $3,500,000
List price: $3,975,000
Days on market: 63
Year built: 2005
Size: 3 bedrooms, 4 bathrooms, 3,551 square feet

Lowest single family
Address: 14768 – 87A Avenue, Surrey/Bear Creek Green Timbers
Sold price: $802,000
List price: $829,900
Days on market: 13
Year built: 1984
Size: 3 bedrooms, 2 bathrooms, 1,515 square feet, 7,137-square-foot lot

Highest townhouse
Address: #31, 6450 – 199 Street, Langley/Willoughby Heights
Sold price: $579,900
List price: $579,900
Days on market: 30
Year built: 2002
Size: 4 bedrooms, 4 bathrooms, 1,811 square feet

Lowest townhouse
Address: #20, 20087 – 68 Avenue, Langley/Willoughby Heights
Sold price: $529,900
List price: $549,900
Days on market: 52
Year built: 2019
Size: 2 bedrooms, 3 bathrooms, 1,518 square feet

Victoria Real Estate Board

Highest single family
Address: 4181 Rocky Mountain Road, Malahat and Area/Malahat Proper
Sold price: $2,660,000
List price: $3,700,000
Days on market: 466
Year built: 2005
Size: 5 bedrooms, 6 bathrooms, 5,360 square feet, 7.67-acre lot

Lowest single family
Address:
123 Sahtlam Avenue, Z3-Duncan/Lake Cowichan/Honeymoon/Youb
Sold price: $165,000
List price: $199,000
Days on market: 8
Year built: 1940
Size: 1 bedroom, 1 bathroom, 1,100 square feet, 7,200-square-foot lot

Highest townhouse
Address: #1, 828 Rupert Terrace, Victoria/Downtown
Sold price: $1,011,500
List price: $1,089,000
Days on market: 87
Year built: 2009
Size: 2 bedrooms, 2 bathrooms, 1,659 square feet

Lowest townhouse
Address: #33, 278 Island Highway, View Royal
Sold price: $400,000
List price: $379,900
Days on market: 15
Year built: 1973
Size: 3 bedrooms, 2 bathrooms, 1,436 square feet, 1,940-square-foot lot

Highest condo
Address: #414, 2285 Bowker Avenue, North Oak Bay
Sold price: $2,000,000
List price: $2,000,000
Days on market: 59
Year built: 2019
Size: 2 bedrooms, 2 bathrooms, 1,495 square feet, 2,781-square-foot lot

Lowest condo
Address: #303, 647 Michigan Street, Victoria/James Bay
Sold price: $151,000
List price: $189,000
Days on market:
 127
Year built: 1969
Size: 1 bedroom, 1 bathroom, 597 square feet

Vancouver Island Real Estate Board

Highest single family
Address:
2439 Mill Bay Road, Zone 3 Duncan/Mill Bay
Sold price: $1,235,000
List price: $1,395,000
Days on market: 78
Year built: 1925
Size: 6 bedrooms, 4 bathrooms, 4,243 square feet, 27,456-square-foot lot

Lowest single family
Address:
441 Parkhill Terrace, Zone 3 Duncan/Ladysmith
Sold price: $350,000
List price: $375,000
Days on market: 3
Year built: 1963
Size: 4 bedrooms, 2 bathrooms, 2,378 square feet, 19,805-square-foot lot

Powell River Sunshine Coast Real Estate Board

Highest single family
Address:
7143 Jordan Street, Powell River/Westview
Sold price: $462,000
List price: $469,900
Days on market: 7
Year built: 1967
Size: 4 bedrooms, 2 bathrooms, 2,550 square feet, 11,748-square-foot lot

Lowest single family
Address:
5054 Manson Avenue, Powell River/Westview
Sold price: $220,000
List price: $299,000
Days on market: 81
Year built: N/A
Size: 3 bedrooms, 1 bathroom, 980 square feet, 30,180-square-foot lot

South Okanagan Real Estate Board

Highest single family
Address: 190 Middle Bench Road South, Penticton/Uplands/Redlands
Sold price: $1,335,000
List price: $1,425,000
Days on market: 131
Year built: 1922
Size: 5 bedrooms, 4 bathrooms, 3,849 square feet, 1-acre lot

Lowest single family
Address:
260 Penryn Avenue, Princeton
Sold price: $110,000
List price: $159,900
Days on market: 229
Year built: 1925
Size: 3 bedrooms, 1 bathroom, 911 square feet, 3,484-square-foot lot

Highest townhouse
Address: 4216 Golf Course Drive, Osoyoos
Sold price: $510,000
List price: $550,000
Days on market: 111
Year built: 2007
Size: 2 bedrooms, 3 bathrooms, 2,511 square feet

Lowest townhouse
Address:
#101, 7717 Prairie Valley Road, Summerland/Main Town
Sold price: $225,000
List price: $239,900
Days on market: 83
Year built: 1981
Size: 2 bedrooms, 1 bathroom, 958 square feet

Highest condo
Address: #1307, 160 Lakeshore Drive West, Penticton/Main North 
Sold price: $685,500
List price: $699,900
Days on market: 22
Year built: 2008
Size: 2 bedrooms, 2 bathrooms, 1,266 square feet

Lowest condo
Address: #315, 1410 Penticton Avenue, Penticton/Columbia/Duncan
Sold price: $177,500
List price: $192,000
Days on market: 172
Year built: 1975
Size: 2 bedrooms, 1 bathroom, 861 square feet

Okanagan Mainline Real Estate Board

Highest single family
Address: 2485 Longhill Road, Central Okanagan/NG-North Glenmore
Sold price: $1,700,000
List price: $1,750,000
Days on market: 18
Year built: 1977
Size: 4 bedrooms, 4 bathrooms, 4,250 square feet, 6.86-acre lot

Lowest single family
Address: 2411 Vickers, Shuswap/Revelstoke/North Shuswap
Sold price: $208,500
List price: $249,000
Days on market: 90
Year built: N/A
Size: 5 bedrooms, 2 bathrooms, 1,888 square feet, 25,264-square-foot lot

Highest townhouse
Address: #10, 255 Feathertop, Central Okanagan/BW-Big White
Sold price: $950,000
List price: $999,000
Days on market: 54
Year built: 2006
Size: 3 bedrooms, 4 bathrooms, 1,894 square feet

Lowest townhouse
Address: #204, 4004 – 34 Street, North Okanagan/AP-Alexis Park
Sold price: $170,000
List price: $175,000
Days on market: 8
Year built: 1980
Size: 2 bedrooms, 1 bathroom, 785 square feet

Highest condo
Address: #405, 5030 Snowbird, Central Okanagan/BW-Big White
Sold price: $580,000
List price: $699,000
Days on market: 227
Year built: 2006
Size: 4 bedrooms, 3 bathrooms, 2,129 square feet

Lowest condo
Address: #16-316, 2751 Westside Road, Central Okanagan/WS-Westside Road 
Sold price: $124,000
List price: $128,900
Days on market: 55
Year built: 1987
Size: 1 bedroom, 1 bathroom, 600 square feet

Kamloops & District Real Estate Association

Highest single family
Address: 119 Coppertree Court, Kamloops/Sahali
Sold price: $840,000
List price: $849,900
Days on market: 38
Year built: 1994
Size: 6 bedrooms, 3 bathrooms, 3,802 square feet, 8,712 square feet

Lowest single family
Address: 640 Lister Road, Kamloops/Heffley
Sold price: $340,000
List price: $349,900
Days on market: 17
Year built: 2005
Size: 2 bedrooms, 1 bathroom, 1,156 square feet, 14,374-square-foot lot

Highest townhouse
Address: #5, 3150 Westsyde Road, Kamloops/Westsyde
Sold price: $363,000
List price: $369,900
Days on market: 36
Year built: 2005
Size: 3 bedrooms, 2 bathrooms, 1,663 square feet, 1,742-square-foot lot

Lowest townhouse
Address: #14, 1750 Summit Drive, Kamloops/Sahali
Sold price: $267,549
List price: $264,900
Days on market: 16
Year built: 1978
Size: 2 bedrooms, 1 bathroom, 1,080 square feet

Kootenay Real Estate Board

Highest single family
Address: 327 High Street, Nelson
Sold price: $844,000
List price: $885,000
Days on market: 28
Year built: 1990
Size: 7 bedrooms, 4 bathrooms, 2,550 square feet, 10,018-square-foot lot

Lowest single family
Address: 2903 9th Avenue, Castlegar/South Castlegar
Sold price: $79,900
List price: $79,900
Days on market: 25
Year built: 1994
Size: 4 bedrooms, 3 bathrooms, 1,197 square feet, 9,147-square-foot lot

Highest townhouse
Address: A-415 Canyon Trail, Fernie
Sold price: $534,000
List price: $546,000
Days on market: 49
Year built: 2007
Size: 3 bedrooms, 3 bathrooms, 1,935 square feet

Lowest townhouse
Address: #530, 2030 Panorama Drive, Invermere Rural/Panorama
Sold price: $85,000
List price: $99,000
Days on market: 312
Year built: 1980
Size: 1 bedroom, 1 bathroom, 530 square feet

Highest condo
Address: #310, 901 Richards Street, Nelson
Sold price: $434,000
List price: $438,888
Days on market: 116
Year built: 2012
Size: 3 bedrooms, 2 bathrooms, 927 square feet

Lowest condo
Address: #104A, 1802 Alpine Drive, Elkford
Sold price: $72,000
List price: $72,900
Days on market: 50
Year built: 1980
Size: 2 bedrooms, 1 bathroom, 735 square feet

BC Northern Real Estate Board

Highest single family
Address: 7408 West Fraser Road, Quesnel-Zone 28/Quesnel Rural-South
Sold price: $185,000
List price: $229,000
Days on market: 101
Year built: N/A
Size: 1 bedroom, 0 bathrooms, 1,326 square feet, 21.84-acre lot

Lowest single family
Address: 297 Boyd Street, Quesnel-Zone 28/Town
Sold price: $160,000
List price: $189,000
Days on market: 10
Year built: 1980
Size: 5 bedrooms, 3 bathrooms, 2,320 square feet, 6,000-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.