living room
Credit: Courtesy of Zolo Realty

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

The most expensive property to sell last week was a condo in the West Vancouver neighbourhood of Ambleside. On the market for only four days, it fetched just over the list price of $3.89 million. The building, located on Bellevue Avenue, was built in 1975, but this two-bedroom, two-bathroom suite was renovated in 2015 and offers the new buyers more than 1,800 square feet of living space right on the waterfront.

The Ambleside condo sold for almost $1.5 million more than a single-family home in the sought-after Vancouver neighbourhood of Dunbar, according to data analyzed by Vancouver-based Zolo Realty on behalf of BCBusiness. That’s not to say the Dunbar home didn’t move fast. Sold the same day it was listed, the six-bedroom, three-bathroom residence went for just over 97 percent of the $2.88-million list price.

It turns out that properties that had been sitting on the market for a long time also sold last week, notes Zolo director of content Romana King. In the Okanagan, a single-family home that had been for sale for 396 days finally went for just under 85 percent of the $2.95-million list price. A house in Kamloops on the market for 367 days sold for just under 94 percent of the $389,900 asking price, along with another 13 properties that had been listed for 100 days or more.

“It’s not surprising to see a bit more activity in the second week of September,” says King. “Not only do you have new properties coming on the market—prepared, eager sellers who want to get a jump on the fall selling season—but you’ve also got buyers negotiating hard with sellers who have sat on their listings throughout the summer months.” As a result, 27 percent of the properties tracked last week sold for 100 percent of list price or more, 48 percent sold for close to list price (between 90.0 and 99.99 percent), and only one property went for less than 75 percent of asking.

Real Estate Board of Greater Vancouver

Highest single family
Address: 3478 West 36th Avenue, Vancouver West/Dunbar
Sold price: $2,800,000
List price: $2,879,000
Days on market: 0
Year built: 1926
Size: 6 bedrooms, 3 bathrooms, 2,823 square feet, 6,512-square-foot lot

Lowest single family
Address: 1007 Cemetery Road, Sunshine Coast/Gibsons and Area
Sold price: $700,000
List price: $875,000
Days on market: 245
Year built: 1996
Size: 4 bedrooms, 3 bathrooms, 2,900 square feet, 100,600-square-foot lot

Highest townhouse
Address
: #26, 3750 Edgemont Boulevard, North Vancouver/Edgemont
Sold price: $1,970,000
List price: $1,950,000
Days on market: 6
Year built: 2005
Size: 4 bedrooms, 4 bathrooms, 3,226 square feet

Lowest townhouse
Address: 
276 West 1st Avenue, Vancouver West/False Creek
Sold price: 
$715,000
List price: 
$724,900
Days on market: 
35
Year built:
2012
Size: 
1 bedroom, 1 bathroom, 616 square feet

Highest condo
Address: #402, 1930 Bellevue Avenue, West Vancouver/Ambleside
Sold price: $3,925,000
List price: $3,898,000
Days on market: 4
Year built: 1975
Size: 2 bedrooms, 2 bathrooms, 1,810 square feet

Lowest condo
Address: #900, 8111 Anderson Road, Richmond/Brighouse
Sold price: $373,000
List price: $389,000
Days on market: 50
Year built: 1995
Size: 2 bedrooms, 1 bathroom, 736 square feet

Fraser Valley Real Estate Board

Highest single family
Address: 1760 Ocean Park Road, South Surrey White Rock/Crescent Beach Ocean Park
Sold price: $1,850,000
List price: $2,088,000
Days on market: 107
Year built: 1995
Size: 5 bedrooms, 5 bathrooms, 3,509 square feet, 8,379-square-foot lot

Lowest single family
Address: 12776 Campbell Place, Surrey/Queen Mary Park Surrey
Sold price: $830,000
List price: $829,900
Days on market: 18
Year built: 1975
Size: 2 bedrooms, 1 bathroom, 1,551 square feet, 10,560-square-foot lot

Only townhouse
Address: #115, 15168 – 36 Avenue, South Surrey White Rock/Morgan Creek
Sold price: $515,000
List price: $538,000
Days on market: 84
Year built: 2005
Size: 3 bedrooms, 2 bathrooms, 1,326 square feet

Only condo
Address: #302, 13308 Central Avenue, North Surrey/Whalley
Sold price: $309,000
List price: $299,000
Days on market: 5
Year built: 2019
Size: 1 bedroom, 1 bathroom, 521 square feet

Victoria Real Estate Board

Highest single family
Address: 2190 Shawnigan Lake Road, Malahat and Area/Shawnigan Lake
Sold price: $3,200,000
List price: $3,400,000
Days on market: 113
Year built: 1977
Size: 5 bedrooms, 5 bathrooms, 3,196 square feet, 5.41-acre lot

Lowest single family
Address:
Lot 9, 23803 Trailhead Drive, Sooke/Jordan River
Sold price: $299,900
List price: $299,900
Days on market: 102
Year built: 2019
Size: 2 bedrooms, 1 bathroom, 864 square feet, 1,745-square-foot lot

Highest townhouse
Address: #5, 1027 Belmont Avenue, Victoria/Rockland
Sold price: $860,000
List price: $885,000
Days on market: 71
Year built: 1989
Size: 3 bedrooms, 3 bathrooms, 2,257 square feet, 2,843-square-foot lot

Lowest townhouse
Address: #35, 2771 Spencer Road, Langford/Langford Proper
Sold price: $385,000
List price: $389,900
Days on market: 25
Year built: 1982
Size: 3 bedrooms, 2 bathrooms, 1,245 square feet, 1,421-square-foot lot

Highest condo
Address: #603, 21 Dallas Road, Victoria/James Bay
Sold price: $1,051,000
List price: $1,099,000
Days on market: 27
Year built: 2002
Size: 2 bedrooms, 2 bathrooms, 1,701 square feet, 1,647-square-foot lot

Lowest condo
Address: #539/541, 1999 Country Club Way, Langford/Bear Mountain
Sold price: $65,000
List price: $65,000
Days on market:
 0
Year built: 2006
Size: 2 bedrooms, 3 bathrooms, 1,390 square feet

Vancouver Island Real Estate Board

Highest single family
Address:
1168 Braithwaite Drive, Zone 3 – Duncan/Cobble Hill
Sold price: $765,000
List price: $765,000
Days on market: 13
Year built: 1984
Size: 4 bedrooms, 2 bathrooms, 3,763 square feet, 43,560-square-foot lot

Lowest single family
Address:
693 Coronation Avenue, Zone 3 – Duncan/East Duncan
Sold price: $362,000
List price: $359,000
Days on market: 4
Year built: 1927
Size: 2 bedrooms, 1 bathroom, 1,105 square feet, 5,227-square-foot lot

Only condo/strata
Address:
#321, 3666 Royal Vista Way, Zone 2 – Comox Valley/Crown Isle
Sold price: $405,000
List price: $409,000
Days on market: 4
Year built: 2006
Size: 2 bedrooms, 2 bathrooms, 1,602 square feet

Powell River Sunshine Coast Real Estate Board

Highest single family
Address:
3400 Theodosia Avenue, Powell River/Westview
Sold price: $550,000
List price: $569,900
Days on market: 56
Year built: 2001
Size: 3 bedrooms, 2 bathrooms, 2,645 square feet, 7,920-square-foot lot

Lowest single family
Address:
6969 Jasper Street, Powell River/Westview
Sold price: $320,000
List price: $349,900
Days on market: 154
Year built: 1951
Size: 3 bedrooms, 2 bathrooms, 1,934 square feet, 11,760-square-foot lot

Only condo/strata
Address:
#105, 5680 Ortona Avenue, Powell River/Cranberry
Sold price: $126,000
List price: $128,500
Days on market: 50
Year built: 1995
Size: 2 bedrooms, 1 bathroom, 861 square feet


South Okanagan Real Estate Board

Highest single family
Address: 2559 Taber Road, Penticton/Wiltse/Valleyview
Sold price: $700,000
List price: $779,000
Days on market: 155
Year built: 1993
Size: 4 bedrooms, 3 bathrooms, 2,105 square feet, 6,752-square-foot lot

Lowest single family
Address:
9632 – 15 Street, Northern Lights Area/Dawson Creek
Sold price: $100,000
List price: $102,900
Days on market: 18
Year built: N/A
Size: 1 bedroom, 1 bathroom, 678 square feet, 6,250-square-foot lot

Highest townhouse
Address: #106, 222 Lee Avenue, Penticton/Main South
Sold price: $735,000
List price: $725,000
Days on market: 57
Year built: 2019
Size: 4 bedrooms, 4 bathrooms, 2,161 square feet

Lowest townhouse
Address:
#104, 62 Dauphin Avenue, Penticton/Main South
Sold price: $273,000
List price: $329,900
Days on market: 154
Year built: 1990
Size: 2 bedrooms, 2 bathrooms, 1,349 square feet

Highest condo
Address: #703, 2245 Atkinson Street, Penticton/Main South
Sold price: $564,000
List price: $579,000
Days on market: 118
Year built: 1996
Size: 2 bedrooms, 3 bathrooms, 2,023 square feet

Lowest condo
Address: #109, 1410 Penticton Avenue, Penticton/Main North
Sold price: $144,900
List price: $144,900
Days on market: 22
Year built: 1975
Size: 1 bedroom, 1 bathroom, 649 square feet

Okanagan Mainline Real Estate Board

Highest single family
Address: 981 Harbourfront Drive, Shuswap/Revelstoke/SE Salmon Arm
Sold price: $2,500,000
List price: $2,950,000
Days on market: 396
Year built: 2006
Size: 4 bedrooms, 5 bathrooms, 7,143 square feet, 33,105-square-foot lot

Lowest single family
Address: 6066 Lakeview Road, Outside Board Area/Chase
Sold price: $112,000
List price: $149,900
Days on market: 65
Year built: 1965
Size: 3 bedrooms, 2 bathrooms, 1,300 square feet, 20,037-square-foot lot

Highest townhouse
Address: #15, 2368 Abbott Street, Central Okanagan/Kelowna South
Sold price: $1,500,000
List price: $1,549,000
Days on market: 13
Year built: 1989
Size: 3 bedrooms, 2 bathrooms, 2,100 square feet

Lowest townhouse
Address:
#214, 831 – 2 Street SE, Shuswap/Revelstoke/SE Salmon Arm
Sold price: $183,500
List price: $189,900
Days on market: 49
Year built: 1996
Size: 2 bedrooms, 1 bathroom, 800 square feet

Highest condo
Address: #1301, 485 Groves Avenue, Central Okanagan/Kelowna South
Sold price: $855,000
List price: $869,900
Days on market: 18
Year built: 2018
Size: 3 bedrooms, 2 bathrooms, 1,435 square feet

Lowest condo
Address: #362, 13011 Lakeshore Drive South, Outside Board Area
Sold price: $175,000
List price: $179,000
Days on market: 130
Year built: 2005
Size: 1 bedroom, 1 bathroom, 674 square feet

Kamloops & District Real Estate Association

Highest single family
Address: 878 8th Avenue, Kamloops/South Kamloops
Sold price: $720,000
List price: $739,000
Days on market: 19
Year built: 1914
Size: 3 bedrooms, 2 bathrooms, 2,133 square feet, 12,197-square-foot lot

Lowest single family
Address: 356W Old North Thompson Highway, North East/Clearwater
Sold price: $365,000
List price: $389,900
Days on market: 367
Year built: 1983
Size: 5 bedrooms, 2 bathrooms, 2,378 square feet, 2.01-acre lot

Only condo
Address: #101, 975 Victoria Street, Kamloops/South Kamloops
Sold price:
$290,000
List price:
$290,000
Days on market:
31
Year built: 
2012
Size:
1 bedroom, 1 bathroom, 665 square feet

Kootenay Real Estate Board

Highest single family
Address: 1051 Nappe Road, Invermere Rural/Windermere
Sold price: $1,675,000
List price: $2,195,000
Days on market: 356
Year built: 1965
Size: 4 bedrooms, 3 bathrooms, 1,806 square feet, 11,369-square-foot lot

Lowest single family
Address: 585 Macleod Street, Creston Rural/Arrow Creek to Yahk
Sold price: $65,000
List price: $75,000
Days on market: 65
Year built: 2007
Size: 1-room dwelling, 44,431-square-foot lot

Highest townhouse
Address: #14, 1106 Seventh Street, Nelson
Sold price: $476,000
List price: $469,000
Days on market: 10
Year built: 2010
Size: 3 bedrooms, 3 bathrooms, 1,070 square feet

Lowest townhouse
Address: 528 20th Avenue, Cranbrook/South
Sold price: $310,000
List price: $334,900
Days on market: 132
Year built: 1991
Size: 3 bedrooms, 3 bathrooms, 1,607 square feet

Highest condo
Address: #3206, 205 Third Avenue, Invermere/Invermere
Sold price: $195,000
List price: $220,000
Days on market: 122
Year built: 2008
Size: 2 bedrooms, 2 bathrooms, 1,020 square feet

Lowest condo
Address: #F1-C, 1351 Gerry Sorenson Way, Kimberley/Alpine Resort Area
Sold price: $33,000
List price: $42,500
Days on market: 323
Year built: 2003
Size: 2 bedrooms, 2 bathrooms, 1,109 square feet

BC Northern Real Estate Board

Highest single family
Address: 7070 Southridge Avenue, PG City South (Zone 74)/St. Lawrence Heights
Sold price: $405,000
List price: $409,900
Days on market: 22
Year built: 1992
Size: 4 bedrooms, 3 bathrooms, 2,192 square feet, 4,763-square-foot lot

Lowest single family
Address: 2455 – 62 Highway, Smithers and Area (Zone 54)/Hazelton 
Sold price: $106,000
List price: $94,000
Days on market: 11
Year built: 1940
Size: 3 bedrooms, 0 bathrooms, 3,300 square feet, 3.5-acre 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 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.