Vancouver Price Drop

Documenting Vancouver real estate price movements

Surrey Spotlight – July 23, 2012

Here are the top 10 properties currently listed in Surrey with the largest overall drop in asking price since early March

Some Highlights

  • It takes a 16% drop to make this top 10, the same as last month and up from 13% the month before
  • 3 of the 8 properties are now listed below assessment

Address:14120 TRITES RD, Panorama Ridge, Surrey

March 09 F1203674 $1,980,000 $0 0%
March 22 F1203674 removed
March 23 F1207274 $1,189,900 $-790,100 -40%
June 23 F1207274 $1,139,000 $-841,000 -42%

Assessment: $1,017,000

PANORAMA RIDGE – 5191 sqft, 1.41 ACRE 2 storey w/Basement. Great STREET APPEAL. Situated on a very private treed road. Spacious floor plan with 20′ vaulted ceilings in both family & living room (features grand stone fireplace), hardwood & tile flooring throughout main. Large ‘gourmet’ kitchen + additional spice kitchen & large WI pantry. Up – Large Master with private patio, full ensuite & soaker tub, an additional bedrooms are also located upstairs. Down – is currently partially finished, optional media/recreation and/or gym. Back – Features a very private view of the valley + densly treed location. Needs TLC – Call now to arrange a viewing.


Address:9267 188TH ST, Port Kells, North Surrey

March 09 F1129462 $1,788,000 $0 0%
March 17 F1129462 removed
May 29 F1213865 $1,399,000 $-389,000 -22%

Assessment: $1,171,000


Address:16920 96TH AV, Fleetwood Tynehead, Surrey

March 09 F1111545 $799,000 $0 0%
March 10 F1111545 $720,000 $-79,000 -10%
March 15 F1111545 removed
May 21 F1213186 $650,000 $-149,000 -19%
July 04 F1213186 removed
July 07 F1217342 $629,980 $-169,020 -21%

Assessment: $621,000

This beautiful 1 acres lot has NO easements, NO right of ways, NO hydro lines [only small creek through very top corner of property near road] Old house burned down. Completely cleared and cleaned as per city requirement. PRICED AT AN AMAZING PRICE and the only lot in a million dollar neighborhood!! Buy and build your dream home in one of the best areas in Surrey. PRICED TO SELL FAST AND WILL NOT LAST!! Bonus: old septic tank still in ground and might still be working!!!


Address:# 32 7529 140TH ST, East Newton, Surrey

March 09 F1201781 $224,900 $0 0%
March 30 F1201781 $199,000 $-25,900 -12%
May 05 F1201781 $190,000 $-34,900 -16%
June 15 F1201781 removed
June 16 F1215787 $179,900 $-45,000 -20%

Assessment: $235,500

GLENVIEW ESTATES. At back of complex. 2 level unit with 3 bdrms & 2 1/2 bathrms, wood F/P. Patio & back, fenced yard have Southern (sunny) exposure. Mbdrm has deck. Needs some work, but for the price???? Measurements are approximate and should be verified by the Buyer if important to them.


Address:13814 117TH AV, Bolivar Heights, North Surrey

March 09 F1124198 $369,000 $0 0%
April 16 F1124198 removed
June 19 F1215928 $339,500 $-29,500 -8%
July 12 F1215928 $299,000 $-70,000 -19%

Assessment: $339,300


Address:15926 107TH AV, Fraser Heights, North Surrey

May 19 F1213112 $400,000 $0 0%
July 21 F1213112 $325,000 $-75,000 -19%

Assessment: $151,000


Address:14060 64TH AV, Sullivan Station, Surrey

April 13 F1209086 $479,900 $0 0%
June 19 F1209086 removed
June 20 F1216066 $399,900 $-80,000 -17%

Assessment: $365,000

Rare Find! Build your RESORT STYLE DREAM FANCY HOME on this BIG 22097 Sq.Ft LOT, it is ready to build all serviced land, the current owner already has building permit from CITY HALL for building Super MEGA house. It is surrounded by the natural beauty including water feature. Central location, Close to all amenities and still very private. Building design and Site LOT plan available as well. Do not wait as it won’t last for LONG!!


Address:# 201 13888 102ND AV, Whalley, North Surrey

March 09 F1204181 $259,900 $0 0%
March 17 F1204181 $229,900 $-30,000 -12%
May 19 F1204181 $221,900 $-38,000 -15%
June 02 F1204181 $216,900 $-43,000 -17%

Assessment: $252,800


Address:# 107 10866 CITY PW, Whalley, North Surrey

March 14 F1206480 $369,900 $0 0%
April 26 F1206480 $339,900 $-30,000 -8%
June 09 F1206480 $308,888 $-61,012 -16%

Assessment: $268,000


Address:8778 156TH ST, Fleetwood Tynehead, Surrey

March 13 F1206252 $499,900 $0 0%
April 20 F1206252 $474,900 $-25,000 -5%
May 12 F1206252 $449,900 $-50,000 -10%
June 18 F1206252 removed
July 07 F1217578 $439,000 $-60,900 -12%
July 21 F1217578 $419,000 $-80,900 -16%

Assessment: $419,000

This renovated home is located in a highly demanding area of Fleetwood. Updates include newer: tiles, hardwood floors, carpet and updated kitchen. This home sits on a huge 9932 sqft lot. The roof is only 3 yrs old. Close to shopping and all the amenities. Priced to sell.

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3 responses to “Surrey Spotlight – July 23, 2012

  1. Pingback: Perth vs. Vancouver: Real Estate *update* Flotsam and Jetset

  2. altered August 24, 2012 at 2:55 pm

    Number 1 has dropped another $50,000.

  3. tilescleaner April 18, 2013 at 11:17 am

    Really a remarkable drop!

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