Vancouver Price Drop

Documenting Vancouver real estate price movements

Tri-Cities Spotlight – July 23, 2012

Here are the top 10 properties currently listed in Tri-Cities ( Coquitlam, Port Coquitlam and Port Moody) with the largest overall drop in asking price since early March

Some Highlights

  • It takes a 17% drop to make this top 10, the same as last month and up from 13% the month before
  • 2 of the 7 properties with assessment information are now listed below assessment

Address:4100 CEDAR DR, Burke Mountain, Coquitlam

March 09 V908692 $890,000 $0 0%
March 31 V908692 $775,000 $-115,000 -13%
May 12 V908692 $699,000 $-191,000 -21%
June 20 V908692 $660,000 $-230,000 -26%

Assessment: $775,300

Fully Licenced Dog & Cat Boarding Accommodation. 40 Large Dog runs with attached Bedrooms, 21 Single & 6 Double Cat Condos. Grooming Salon with Raised Bathtub. Kennel Building is 12 years new, built to earthquake standards. Owner retiring due to Health Concerns. Land has Future Development Potential. Existing House is unoccupied but Structurally Sound. Land Surrounding this Parcel has begun the process of being removed from ALR. Please call for more info.


Address:# LOT 1 COSY COVE, Belcarra, Port Moody

March 09 V903884 $390,000 $0 0%
May 02 V903884 removed
May 25 V952163 $299,900 $-90,100 -23%

Assessment: No Assessment

Wow! Very rare one plus acre waterfront lot in Balcarra’s Cosy Cove, a development of 10 nature lots. Great western exposure with lots of sunshine and trees. Water access only with possible dock share, but you can hike in on the Jug Island trail – only 20-30 minutes. Great place for an almost in the city wilderness cottage. Not often can you find secluded local waterfront for under $300K.


Address:# 301 2036 COQUITLAM AV, Glenwood, Port Coquitlam

March 09 V936084 $129,900 $0 0%
April 19 V936084 $119,900 $-10,000 -8%
May 08 V936084 $114,900 $-15,000 -12%
June 07 V936084 $104,900 $-25,000 -19%

Assessment: $134,000


Address:258 MONTGOMERY ST, Central Coquitlam, Coquitlam

March 10 V936392 $1,280,000 $0 0%
April 26 V936392 $1,199,000 $-81,000 -6%
May 10 V936392 $1,100,000 $-180,000 -14%
Open House: May 27
Open House: Jun 03
Open House: Jun 09
Open House: Jun 16
Open House: Jun 17
Open House: Jun 24
Open House: Jul 01
Open House: Jul 02
Open House: Jul 08
July 11 V936392 removed
July 14 V961971 $1,050,000 $-230,000 -18%
Open House: Jul 15

Assessment: $934,000

Large new home with view of the Fraser River and New Westminster, 4 level home with plenty of room for the extended family, main floor features wok kitchen, main kitchen with centre island, granite counter tops, 9 foot ceilings, radiant heat, covered patios, appliance package fenced and landscape, lots of extras in this home. 2 bedroom legal suite with in-suite laundry, granite counter tops, a private deck, Nanny’s quarters & New home warranty. Open House July 15th 1:00 to 4:00pm.


Address:1350 COAST MERIDIAN RD, Burke Mountain, Coquitlam

March 09 V917871 $2,350,000 $0 0%
April 26 V917871 $1,975,000 $-375,000 -16%
June 06 V917871 $1,935,000 $-415,000 -18%

Assessment: $920,000

Mountain fresh air! Dream home for family on spacious 1.1 acre landscaped property. Future with 8 lots or hold for longer term townhome possibilities. Home was custom re-built, Architect designed and supervised. Perfect for extended family. Quality throughout. Great room includes hardwood floors, radiant heating, stainless steel appliances in kitchen with granite counters. Spacious master bedroom with luxurious ensuite. Gated front entrance, private beautifully landscapedyard with back boundry a natural creek. A 2 bedroom separate entrance suite. This is a gem to hold on to as a secure investment and luxurious private lifestyle.


Address:1370 PINETREE WY, Westwood Plateau, Coquitlam

March 09 V926604 $1,088,000 $0 0%
May 17 V926604 $1,029,000 $-59,000 -5%
Open House: May 26
Open House: May 27
Open House: Jun 02
June 14 V926604 removed
June 20 V957443 $899,000 $-189,000 -17%
Open House: Jun 30

Assessment: Building Unfinished at time of Assessment

Brand new custom home on Prestige Westwood Plateau. City view from most of the rooms. Practical floor plan with quality construction. Hardwood flooring, granite counters, big picture view windows, covered decks. Main chef kitchen w/ expensive granite countertop, stainless steel appliances plus a Wok kitchen. 4 huge bedrooms upstairs with walk-in closets & wooden organizer. Fully finished basement with separate entrance, lots of windows, huge rec room, games room, bedroom & 2 bathrooms. Fenced yard with cedars & paving stones driveway. Walking distance to Pinetree Elementary and Secondary Schools, Douglas College, community centre. Close to Lafarge Lake and the future Evergreen line skytrain station.2-4pm open SAT 1376 & 1370


Address:1052 HERON WY, Anmore, Port Moody

March 09 V925609 $2,999,000 $0 0%
April 27 V925609 $2,688,000 $-311,000 -10%
Open House: May 20
Open House: May 27
Open House: Jun 03
Open House: Jun 10
June 21 V925609 $2,498,000 $-501,000 -17%
Open House: Jul 01
Open House: Jul 08
Open House: Jul 15

Assessment: $2,231,000

Welcome to nature’s piece of work! This home showcases all natural materials – from solid stained wood doors; extensive wood trim; hardwood floors; wood beams, to fossil stone in the kitchen and an open floor plan allowing you to appreciatethis masterpiece. Please call us for an information brochure detailing the extensive list of finishing in this beautiful home. OPEN HOUSE: Sunday July 15th 2-4pm.


Address:1056 HERON WY, Anmore, Port Moody

March 09 V925657 $2,999,000 $0 0%
April 27 V925657 $2,688,000 $-311,000 -10%
Open House: May 20
Open House: May 27
Open House: Jun 03
Open House: Jun 10
June 21 V925657 $2,498,000 $-501,000 -17%
Open House: Jul 01
Open House: Jul 08
Open House: Jul 15

Assessment: $2,215,000

Amazing French Country style home offering only the best! From the imported wrought iron and glass used to create the beautiful front door; the wood clad windows; marble floors and custom mill work to the top of the line stainless steel Viking appliances, you will appreciate the details you have come to expect from this level of home. Please call us for an information brochure detailing the extensive list of finishing in this beautiful home. OPEN HOUSE: Sunday July 15th 2-4pm.


Address:# 707 575 DELESTRE AV, Coquitlam West, Coquitlam

March 09 V907198 $299,800 $0 0%
March 24 V907198 $284,800 $-15,000 -5%
June 01 V907198 removed
June 09 V955628 $249,800 $-50,000 -17%

Assessment: $205,500

Spacious one bedroom unit in the “CORA” high rise. Location is prime within walking distance to Lougheed Mall and the skytrain service and close to SFU. Beautiful concrete building with rec facilities, outdoor gardens and secure under ground parking. Unit features floor to ceiling windows, granite counters and so much more.


Address:3976 ROBIN PL, Oxford Heights, Port Coquitlam

March 09 V930974 $479,000 $0 0%
July 13 V930974 $399,900 $-79,100 -17%

Assessment: No Assessment Available

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