Vancouver Price Drop

Documenting Vancouver real estate price movements

Tri Cities Spotlight – November 4, 2012

It’s been a month so once again here are the top 10 properties currently listed in Coquitlam, Port Coquitlam and Port Moody with the largest overall drop in asking price since early March.

Some Highlights

  • It now takes a 23% drop to make this top 10.  The 10th place drop from the last 4 months were 22%, 18%, 17% and 17%
  • 5 of 9 listings are now below assessment

#10 ) Address:# 10 2986 COAST MERIDIAN RD, Birchland Manor, Port Coquitlam

May 12 V949714 $389,900 $0 0%
Open House: May 27
Open House: Jun 16
June 19 V949714 $379,900 $-10,000 -3%
July 23 V949714 removed
July 26 V963681 $375,000 $-14,900 -4%
Open House: Jul 29
July 27 V963681 removed
July 29 V964359 $359,000 $-30,900 -8%
August 14 V964359 $339,000 $-50,900 -13%
September 06 V964359 $319,000 $-70,900 -18%
September 20 V964359 removed
September 22 V972985 $319,000 $-70,900 -18%
Open House: Sep 30
September 29 V972985 $309,000 $-80,900 -21%
Open House: Oct 13
October 20 V972985 $299,000 $-90,900 -23%

Assessment: $373,000

2 sales last year averaging 1% BELOW assessment and this one is currently listed at 20% BELOW assessment!

WOW!! Completely redone. Great family complex central to all levels of schools, recreation, transit and shopping. This unit offer new: windows, maple hardwood floors, custom kitchen with all new tile work, designer paint, all new high end mouldings/trim work to accent the detailed finished, some slate floors. Updated bath with new fixtures and tile work. The master offers a huge Hollywood style walk in closet converted from the third bedroom, which you could easily return to 3 bedrooms. The top floors has a den/office with a door to the roof top deck. Bonus – fully fenced backyard. Hurry on this one, with it’s quiet location and updated it wont last.


#9 ) 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
August 09 V957443 $868,000 $-220,000 -20%
September 22 V957443 $828,000 $-260,000 -24%

 

Assessment: Building Unfinished

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


#8 ) Address:# 107 1000 KING ALBERT AV, Central Coquitlam, Coquitlam

May 02 V946785 $149,000 $0 0%
May 24 V946785 $139,000 $-10,000 -7%
June 13 V946785 $129,000 $-20,000 -13%
July 24 V946785 $125,000 $-24,000 -16%
September 15 V946785 $120,000 $-29,000 -19%
September 26 V946785 removed
September 28 V973873 $120,000 $-29,000 -19%
October 23 V973873 $113,000 $-36,000 -24%

Assessment: $138,400

2 sales here last year averaging 4% BELOW assessment and this unit is currently listed for 18% BELOW assessment

Ground floor unit at rear of building, away from street + noise! Great 300 sq.ft private + fenced patio for privacy & safety for your pet! Laminate flooring, newer counter tops & newer cabinet hardware. Located directly opposite Blue Mountain Park & only minutes to Recreation, Bus, shopping & parks! Cheaper than renting!! Dog or Cat OK!!


#7 ) Address:# 301 2958 SILVER SPRINGS BV, Westwood Plateau, Coquitlam

March 09 V934557 $355,800 $0 0%
May 12 V934557 $448,888 $0 0%
May 15 V934557 $348,888 $-100,000 -22%
Open House: May 26
Open House: Jul 07
Open House: Jul 15
July 25 V934557 removed
July 28 V964105 $339,000 $-109,888 -24%
Open House: Oct 06

Assessment: $325,000

12 sales last year averaging 3% ABOVE assessment and this one is listed 4% ABOVE assessment

Welcome Home! Newly updated, spacious and bright 2 bedroom unit in Tamarisk by “Polygon”. This unit has all together for you to enjoy. Freshly painted walls carry out the stylish look of the newly installed hardwood floors in living and dining room. Bedrooms are really spacious, you can enjoy the functional floor plan of this home & get the most benefit of the indoor pool, exercise room and lovely party room. This complex is very much family-oriented and very safe to live in and enjoy the playgrounds garden and neighborhood. Very close to Coquitlam Shopping Centre, all level of schools, Douglas College, Aquatic Centre, Library & Lafarge Park are just walking distance. No age restrictions. Rentals allowed with no restrictions.


#6 ) Address:33 BURRARD CR, College Park, Port Moody

April 13 V942770 $1,589,000 $0 0%
October 01 V942770 removed
October 13 V976498 $1,198,000 $-391,000 -25%

Assessment: $923,000

VIEW! VIEW! VIEW! A breathtaking elegant Home offering spectacular 180 degree mountains & ocean views. This 3 level home has 4 large bedrooms up and includes a fabulous master bedroom with nice sitting area overlooking Burrard Inlet. Wonderful open gourmet island kitchen. Conservatory eating area with ocean view too. Such a dream house with only 1/4 price of West Vancouver ocean view house. To see is to believe. Call for your private showing today.


#5 ) Address:946 GATENSBURY ST, Harbour Chines, Coquitlam

June 08 V955283 $1,054,900 $0 0%
August 23 V955283 $794,600 $-260,300 -25%
Open House: Aug 25
Open House: Sep 09
Open House: Sep 15
Open House: Sep 16
Open House: Sep 23
Open House: Sep 29
Open House: Sep 30
Open House: Oct 07

Assessment: $711,900

Updated home on an Estate sized lot in sought after Harbour Chines! This 4 bedroom, 2 bathroom Bungalow with basement sits on a 12,369 sqft park like property. A very short walk and your enjoying the ammenities of popular Como Lake! Need a suite? Separate basement entrance makes it possible! Also within walking distance; public, French Immersion, Catholic schools and public transportation. Bring your family to view this terrific home with a perfect yard for kids. New Rapid Transit, all levels of shopping and recreation just minutes away.


#4 ) Address:1451 LAMBERT WY, Hockaday, Coquitlam

June 23 V958276 $1,175,000 $0 0%
October 01 V958276 removed
October 06 V975369 $874,900 $-300,100 -26%
Open House: Oct 21

Assessment: $738,000

Location! Location! Set on a quiet street a spacious family home backs onto Coquitlam River and Galette Park. This executive 2 storey with basement has vaulted ceilings and an open staircase to the upper floor where there are 4 bedrooms. The master bedroom has a 4 piece ensuite and overlooks the park and river. Main floor has a den/office and family room with lots of windows to take advantage of the green belt view. Bring the in-laws, the lower level is a walk out basement with 3 bedrooms, a large living area and a summer kitchen. Fully landscaped rear yard with lots of flowers and shrubs, plus a hot tub. Enjoy the sound of the river from the master bedroom or relaxing on the deckor in yard or hot tub. Peace and quiet at its best!


#3 ) Address:1052 HERON WY, Anmore, Port Moody

January 14 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
Open House: Jul 29
Open House: Aug 05
Open House: Aug 12
August 14 V925609 removed
September 06 V969279 $2,388,000 $-611,000 -20%
Open House: Sep 16
Open House: Sep 23
Open House: Sep 30
October 05 V969279 $2,199,000 $-800,000 -27%
Open House: Oct 07
Open House: Oct 14
Open House: Oct 21
Open House: Oct 28

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 open floor plan allowing you to appreciate this masterpiece. Please call us for an information brochure detailing the extensive list of finishing in this beautiful home.OPENHOUSE EVERY SUNDAY 2PM – 4PM


#2 ) Address:1056 HERON WY, Anmore, Port Moody

January 14 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
Open House: Jul 29
Open House: Aug 05
Open House: Aug 04
Open House: Aug 12
August 14 V925657 removed
September 06 V969271 $2,388,000 $-611,000 -20%
Open House: Sep 16
Open House: Sep 23
Open House: Sep 30
October 05 V969271 $2,199,000 $-800,000 -27%
Open House: Oct 07
Open House: Oct 14
Open House: Oct 21
Open House: Oct 28

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 EVERY SUNDAY 2PM-4PM


#1 ) Address:# 614 528 ROCHESTER AV, Coquitlam West, Coquitlam

March 23 V938821 $199,000 $0 0%
March 31 V938821 $189,000 $-10,000 -5%
April 05 V938821 $185,000 $-14,000 -7%
April 23 V938821 removed
April 26 V945578 $200,000 $0 0%
July 18 V945578 removed
July 25 V963470 $209,000 $0 0%
August 04 V963470 $199,000 $-10,000 -5%
August 18 V963470 $179,000 $-30,000 -14%
September 06 V963470 $174,900 $-34,100 -16%
September 19 V963470 $159,000 $-50,000 -24%
October 16 V963470 $149,000 $-60,000 -29%

Assessment: $194,100

15 units sold in this condo last year for an average price of EQUAL to assessment.  This unit is currently listed 23% BELOW assessment

Location, Location, Location. This cozy 500 sq ft condo is steps from Lougheed Mall, Skytrain and every imaginable amenity. SFU Students take note; this has to be one of the easiest commutes to SFU and with a small downpayment you own instead of rent! Features include: insuite laundry, media room, billiard and exercise room with a bonus guest suite. Relax and enjoy the peace and quiet on your private top floor deck. Book a showing today for this quality built concrete condo, it will not disappoint.

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One response to “Tri Cities Spotlight – November 4, 2012

  1. stockgigantic June 18, 2013 at 2:23 pm

    求更新TRICITY!

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