Vancouver Price Drop

Documenting Vancouver real estate price movements

Spotlight Langley – June 22, 2014

Over the next couple of weeks I’ll try to do all of the spotlights going through each city and showing the top 10 properties based on the desperation formula.  Likely no red comments and no assessment data since those are both pretty time consuming but feel free to contribute your thoughts in the comments section

 


#10 ) Address:5727 256TH ST, Salmon River, Langley

October 06, 2006 F2620677 $998,000 $0 0%
November 28, 2006 F2620677 removed after 53 days
March 10, 2011 F1106210 $1,098,000 $0 0%
May 10, 2011 F1106210 $1,039,800 $-58,200 -5%
June 29, 2011 F1106210 $1,098,000 $0 0%
July 06, 2011 F1106210 removed after 118 days
July 23, 2011 F1118592 $1,098,000 $0 0%
December 16, 2011 F1118592 removed after 146 days
January 11, 2012 F1200698 $1,088,000 $-10,000 -1%
March 31, 2012 F1200698 removed after 80 days
April 16, 2012 F1209463 $1,398,000 $0 0%
July 14, 2012 F1209463 removed after 89 days
July 18, 2012 F1218636 $1,298,000 $-100,000 -7%
October 18, 2012 F1218636 removed after 92 days
October 19, 2012 F1225758 $1,298,000 $-100,000 -7%
January 16, 2013 F1225758 removed after 89 days
January 21, 2013 F1301435 $1,298,000 $-100,000 -7%
March 18, 2013 F1301435 removed after 56 days
March 24, 2013 F1306705 $1,228,000 $-170,000 -12%
May 10, 2013 F1306705 $1,150,000 $-248,000 -18%
June 30, 2013 F1306705 removed after 98 days
July 06, 2013 F1315934 $1,128,800 $-269,200 -19%
September 30, 2013 F1315934 removed after 86 days
January 27, 2014 F1401637 $1,123,000 $-275,000 -20%
February 14, 2014 F1401637 $1,098,000 $-300,000 -21%
May 01, 2014 F1401637 removed after 94 days
May 14, 2014 F1411609 $1,080,000 $-318,000 -23%
June 16, 2014 F1411609 $1,030,000 $-368,000 -26%

 

f1411609_1

Current Days on Market: 1201 (3.29years)
Current ‘Official’ Days on Market: 40
Desperation Score: 28.0

5 acre Estate with guest cottage, perfect for large family. Bright home with many skylights amd 3 good sized bedrooms. Open & spacious layout. Over $100,000 spent on updates including new paint, bathrooms, flooring, light fixtures and much more. Large attached garage with 12′ foot door. Back half of the property is treed. Quick access to Hwy #1, US border, 15 mins to shopping centre. Fundamental elementary school catchment. Priced for quick sale.


#9 ) Address:19881 16TH AV, Brookswood, Langley

June 07, 2011 F1114596 $5,100,000 $0 0%
December 01, 2011 F1114596 removed after 177 days
January 08, 2012 F1200405 $5,100,000 $0 0%
June 30, 2012 F1200405 removed after 174 days
July 31, 2012 F1219600 $4,888,000 $-212,000 -4%
January 01, 2013 F1219600 removed after 154 days
February 12, 2013 F1303321 $3,888,000 $-1,212,000 -24%
April 13, 2013 F1303321 $3,400,000 $-1,700,000 -33%
October 04, 2013 F1303321 $3,188,000 $-1,912,000 -37%
December 21, 2013 F1303321 removed after 312 days
February 16, 2014 F1403583 $2,988,000 $-2,112,000 -41%
May 26, 2014 F1403583 $2,750,000 $-2,350,000 -46%

 

f1403583_1

Current Days on Market: 1112 (3.05years)
Current ‘Official’ Days on Market: 127
Desperation Score: 28.2

Beautiful Rancher with loft home on private 4.22 acre Mountain View Parcel of land in the Campbell Valley area of South Langley. This home has well over 10,000 sq. ft. of living space and features 4 beds and 8 baths. Solid Maple hardwood floors adorn the home throughout. Every room is grand and beautiful, top quality finishes are used throughout. Dream kitchen and games area ideal for entertaining friends. Huge bonus loft space is great for work or play. Amenities include a gym, outdoor swimming pool, and marvellous high end Sports Court. Energy efficient and cost efficient geothermal system heats home in winter, provides AC in summer. Fenced and gated with security system. A 12-minute drive to top ranked Southridge Private School. A stones-throw from South Surrey. Ten minutes to the USA Border. Zoning allows for stables. * PREC – Personal Real Estate Corporation


#8 ) Address:23313 34A AV, Campbell Valley, Langley

March 13, 2007 F2705199 $810,000 $0 0%
May 19, 2007 F2705199 $799,900 $-10,100 -1%
June 16, 2007 F2705199 removed after 95 days
June 27, 2007 F2716641 $794,500 $-15,500 -2%
October 01, 2007 F2716641 removed after 96 days
August 20, 2011 F1121083 $1,498,000 $0 0%
December 20, 2011 F1121083 removed after 122 days
January 20, 2012 F1201639 $1,448,888 $-49,112 -3%
July 31, 2012 F1201639 removed after 193 days
August 11, 2012 F1220526 $1,399,000 $-99,000 -7%
April 01, 2013 F1220526 removed after 233 days
April 17, 2013 F1308772 $849,900 $-648,100 -43%
July 20, 2013 F1308772 removed after 94 days
February 10, 2014 F1403145 $949,500 $-548,500 -37%
April 10, 2014 F1403145 $899,900 $-598,100 -40%
May 22, 2014 F1403145 removed after 101 days
June 04, 2014 F1413690 $794,900 $-703,100 -47%

 

f1413690_1

Current Days on Market: 133 (0.36years)
Current ‘Official’ Days on Market: 19
Desperation Score: 28.2

Fantastic location minutes to Murrayville and just off 232nd, this rare 1/2 acre features a Custom Built 1800 sq.ft. RANCHER. Only 6 years old, Hardwood floors throughout, granite counters, Great room concept with Vaulted ceilings. The back yard is an absolute must see. Backing onto farmland, beautiful patio area, fully fenced this backyard is the perfect size. RV parking, large 20 x 30 double garage, BRAND NEW Septic field and Drilled Well. Dead end location, area of acreages, Country living at its finest here. Everyone loves a rancher. * PREC – Personal Real Estate Corporation


#7 ) Address:2210 OLD YALE RD, Murrayville, Langley

October 02, 2013 F3301306 $3,199,000 $0 0%
April 24, 2014 F3301306 $2,999,700 $-199,300 -6%
April 28, 2014 F3301306 removed after 208 days
April 29, 2014 F1409991 $2,999,700 $-199,300 -6%
June 09, 2014 F1409991 removed after 41 days
June 16, 2014 F3301306 $2,299,700 $-899,300 -28%

 

f3301306_1

Current Days on Market: 264 (0.72years)
Current ‘Official’ Days on Market: 7
Desperation Score: 28.4

Murrayville development property. 3.61 flat usable acres. Call for more information. * PREC – Personal Real Estate Corporation


#6 ) Address:21351 2ND AV, Campbell Valley, Langley

April 11, 2012 F1208812 $1,988,888 $0 0%
October 05, 2012 F1208812 removed after 177 days
November 12, 2012 F1227340 $1,898,000 $-90,888 -5%
May 07, 2013 F1227340 removed after 176 days
June 02, 2013 F1312997 $1,798,000 $-190,888 -10%
August 22, 2013 F1312997 $1,748,800 $-240,088 -12%
October 07, 2013 F1312997 removed after 127 days
October 18, 2013 F1323901 $1,748,000 $-240,888 -12%
January 16, 2014 F1323901 $1,698,000 $-290,888 -15%
March 21, 2014 F1323901 removed after 154 days
March 27, 2014 F1406956 $1,598,000 $-390,888 -20%
June 16, 2014 F1406956 $1,499,000 $-489,888 -25%

 

f1406956_1

Current Days on Market: 803 (2.20years)
Current ‘Official’ Days on Market: 88
Desperation Score: 28.4

Proudly present this custom built country mansion in desirable CAMPBELL VALLEY area. Through remote controlled gated entrance, you will be warmly welcomed by the grand looking front door which leads to 6-7 bedroom, 5 1/2 bath, 2 storey with daylight walkout basement. It features 7305 sqft, 10′ ceilings on main flr, beautiful cherry wood floor throughout, gourmet kitchen w/maple cabinets, granite countertops and gas cooktop, formal living room, large family room and eating area all with view of green pasture. Landscaped immedia around the home with cedar hedge across front for privacy. Large all weather sand riding ring w/riding trails along the fence. End of a no-thru street. Great neighborhood, great Lifestyle! * PREC – Personal Real Estate Corporation

 


#5 ) Address:3626 197A ST, Brookswood, Langley

August 17, 2013 F1319306 $449,900 $0 0%
August 27, 2013 F1319306 removed after 10 days
December 21, 2013 F1327280 $719,000 $0 0%
January 31, 2014 F1327280 $699,000 $-20,000 -3%
March 06, 2014 F1327280 $689,000 $-30,000 -4%
March 28, 2014 F1327280 removed after 97 days
March 30, 2014 F1407451 $679,000 $-40,000 -6%
May 08, 2014 F1407451 $649,000 $-70,000 -10%
June 02, 2014 F1407451 $639,800 $-79,200 -11%
June 04, 2014 F1407451 removed after 66 days
June 16, 2014 F1414542 $649,900 $-69,100 -10%

 

f1414542_1

Current Days on Market: 310 (0.85years)
Current ‘Official’ Days on Market: 7
Desperation Score: 29.3

Updated and modernized! Big basement home on 1/4 acre fenced lot in Brookswood. 2,500sqft open plan living, fully updated inside and out. Large master bedroom with full ensuite. Basement fully finished with wet bar. Ideal home for family with college students or home stay. Oversized single garage with drive through to back yard plus side yard access and room for a shop.


#4 ) Address:# 3 20301 53RD AV, Langley City, Langley

September 25, 2013 F1322267 $218,000 $0 0%
October 02, 2013 F1322267 $212,900 $-5,100 -2%
November 03, 2013 F1322267 $197,000 $-21,000 -10%
November 19, 2013 F1322267 removed after 55 days
November 23, 2013 F1326032 $189,900 $-28,100 -13%
January 04, 2014 F1326032 removed after 42 days
February 16, 2014 F1403607 $249,000 $0 0%
March 04, 2014 F1403607 removed after 16 days
March 07, 2014 F1405242 $249,000 $0 0%
May 26, 2014 F1405242 removed after 80 days
June 02, 2014 F1413359 $234,900 $-14,100 -6%

 

f1413359_1

Current Days on Market: 271 (0.74years)
Current ‘Official’ Days on Market: 21
Desperation Score: 30.0

Professional Renovation!! This might be the nicest unit in MacMillan Place. The unit has hardwood flooring on the main, brand new kitchen, granite counter tops, new fixtures, new stainless steel appliances, new bathrooms with tile and counter tops and under mount sink, and the entire home has been freshly painted in modern colours. The complex has had recently updated to vinyl windows and a new roof along with painting the exterior. Family friendly complex with a playground and ample parking. One look will do… Call Today!


#3 ) Address:25949 38TH AV, Salmon River, Langley

July 04, 2012 F1217125 $975,000 $0 0%
November 16, 2012 F1217125 removed after 135 days
November 23, 2013 F1325897 $800,000 $-175,000 -18%
December 21, 2013 F1325897 removed after 28 days
January 04, 2014 F1327405 $730,000 $-245,000 -25%
January 27, 2014 F1327405 $699,900 $-275,100 -28%
March 03, 2014 F1327405 $689,900 $-285,100 -29%
March 26, 2014 F1327405 removed after 81 days
June 06, 2014 F1414036 $629,900 $-345,100 -35%

 

f1414036_1

Current Days on Market: 212 (0.58years)
Current ‘Official’ Days on Market: 17
Desperation Score: 33.3

Very private 7.41 acre lot with lots of potential. Located at the end of a dead end road. Existing home is a 3 level split style needing TLC. Serviced by a drilled well and septic field. Please call for all the details and to arrange showing.


#2 ) Address:26033 56TH AV, Salmon River, Langley

October 03, 2007 F2725438 $949,000 $0 0%
October 20, 2007 F2725438 $899,000 $-50,000 -5%
November 07, 2007 F2725438 $849,000 $-100,000 -11%
February 01, 2008 F2725438 removed after 121 days
February 12, 2008 F2803369 $799,900 $-149,100 -16%
March 28, 2008 F2803369 $699,900 $-249,100 -26%
May 07, 2008 F2803369 removed after 85 days
April 04, 2013 F1307543 $849,898 $-99,102 -10%
April 25, 2013 F1307543 $799,898 $-149,102 -16%
June 25, 2013 F1307543 $749,898 $-199,102 -21%
October 02, 2013 F1307543 removed after 181 days
October 09, 2013 F1323265 $699,898 $-249,102 -26%
December 17, 2013 F1323265 $689,898 $-259,102 -27%
January 04, 2014 F1323265 removed after 87 days
January 17, 2014 F1401016 $649,898 $-299,102 -32%
March 21, 2014 F1401016 $599,898 $-349,102 -37%
May 08, 2014 F1401016 $639,898 $-309,102 -33%
May 28, 2014 F1401016 removed after 131 days
June 06, 2014 F1414102 $639,898 $-309,102 -33%

 

f1414102_1

Current Days on Market: 445 (1.22years)
Current ‘Official’ Days on Market: 17
Desperation Score: 34.0

Great 96,000+ sqft (2.21 acre) building lot with small creek and fruit trees for country estate and/or small Equestrian Center with 3 stall barn, paddock and 110×80 ft riding ring. Large bsmt home with 3 bdrm bsmt and sep 2 bdrm mobile home fully rented for turnkey cash flow. Other outbuildings incl 30×23 Quonset with 220 and car hoist, storage shed and an 800 sqft portable. Lots of room and parking for 3 large trucks. Ideal for home based business with exposure backing onto Hwy 1, facing 56th Ave and next to 264th St exit to Border Crossing, bring your ideas…. HURRY!


#1 ) Address:19691 68TH AV, Willoughby Heights, Langley

October 08, 2008 F2829102 $699,000 $0 0%
November 20, 2008 F2829102 $659,000 $-40,000 -6%
December 10, 2008 F2829102 $598,000 $-101,000 -14%
December 12, 2008 F2829102 removed after 65 days
August 25, 2012 F1221489 $725,000 $0 0%
December 27, 2012 F1221489 removed after 124 days
August 17, 2013 F1319295 $679,000 $-46,000 -6%
August 29, 2013 F1319295 $649,000 $-76,000 -10%
September 18, 2013 F1319295 $639,000 $-86,000 -12%
October 11, 2013 F1319295 $619,000 $-106,000 -15%
November 11, 2013 F1319295 $599,000 $-126,000 -17%
November 29, 2013 F1319295 $569,000 $-156,000 -22%
February 08, 2014 F1319295 removed after 175 days
May 04, 2014 F1410619 $589,000 $-136,000 -19%
May 22, 2014 F1410619 $559,000 $-166,000 -23%
June 16, 2014 F1410619 $529,000 $-196,000 -27%

 

f1410619_1

Current Days on Market: 310 (0.85years)
Current ‘Official’ Days on Market: 50
Desperation Score: 38.5

Court ordered sale. Savvy investors and do-it-yourselfers – don’t pass this up! TLC needed to restore this executive home with solid bones and central location. Close to Willowbrook shopping and Langley amenities. Call today to view!

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8 responses to “Spotlight Langley – June 22, 2014

  1. imhotep June 23, 2014 at 5:41 am

    thank you, any chance of a North Vancouver spotlight?

  2. Real Estate Tsunami June 23, 2014 at 10:31 am

    Can’t wait for Richmond.

  3. South_Surrey June 23, 2014 at 1:32 pm

    Thanks observer, can’t wait for Surrey. Btw, will you combine White Rock & Delta along with Surrey or Delta is not in for consideration?

  4. dave June 23, 2014 at 3:17 pm

    thanks for all your work, I always like to check out this site.

  5. Vancouverbound June 23, 2014 at 4:45 pm

    Number 3 should be torn down. Might sell faster.

  6. Whipster June 26, 2014 at 7:41 am

    Any chance of ladner/tsawwassen? So much development happening and more approved so it would be interesting to see how it affects drops in this small area. Too bad you can’t get help with the assessment part, it was informative! Thanks for the great work!

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