The highest- and lowest-priced homes sold in B.C.: July 7 to 13

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

During last week Vancouver and Victoria had the most expensive residential real estate sales last week. Also the two Vancouver properties sold quickly: a Point Grey townhouse went for $1.7 million in a single day, while a Yaletown condo fetched its asking price of $1,271,900 in three days.

However the most-expensive single-family home was located in Victoria's Oak Bay. This home with over 4,300 SQFT of living space which includes four bedrooms and five bathrooms, was on the market for 21 days before selling for $4.63 million, which is just over 87 percent of list price.

However at the bottom of the scale, last week's least-expensive sale would be a $31,500 townhouse in the Kimberley/Alpine Resort area of the Kootenay. It was purchased for 70 percent of list price after 141 days on the market.

Details of these and other properties sold across the province last week are below: list and sold prices, days on market, size of home and property.

According to MLS figures analyzed by Vancouver-based Zolo Realty for BCBusiness, last week only three B.C. properties attracted more than list price: a condo in Nanaimo, a single-family home in Sooke and a condo in Kamloops. Nine—located in various parts of the province, including the Okanagan, Surrey, Mission, Kootenay, Kamloops and Comox Valley on Vancouver Island—sold for 100 percent of list price, says Zolo director of content Romana King, while another 19 went for 5 percent or less below asking. Overall, “of the 45 properties that sold, 20 percent sold for list price or above, and another 51 percent for between 90 and 99.99 percent—a drop from the 62 to 63 percent in this category that we’ve seen in previous weeks,” King observes.

Details of these and other properties sold across the province last week are below: list and sold prices, days on market, size of home and property.

If you would like to learn more about last week's snapshot or, if you are thinking about buying or selling your properties, please contact Matt Gul, who is a top luxury real estate agent situated in West Vancouver, who can help you with all of your needs. To contact Matt Gul please call him at 778.888.8888 or email him at matt@mattgul.com

Source:https://www.bcbusiness.ca/The-highest-and-lowest-priced-homes-sold-in-BC-July-7-to-13

Summarized by: Onur Gul on instagram at @onurguldrone