Vancouver Real Estate Market Report-Largest Price Declines


Blog by Arnold Shuchat | March 16th, 2014


Over the last 14 days there have been 222 price changes for Vancouver property listings, both east and west, of which 209 were price declines.  40 properties made the list of those having in excess of a 5% price decline and are on the following table:
 
Address LP Prev LP Change % Change Tot BR Dwell Age
473 E KING EDWARD AV 699,000 799,900 100,900 12.61 2 HOUSE unknown
# 803 633 ABBOTT ST 750,000 849,955 99,955 11.76 3 APTU 4
# 308 3595 W 18TH AV 849,000 949,000 100,000 10.54 2 APTU 7
# 804 4078 KNIGHT ST 698,000 778,000 80,000 10.28 2 APTU 7
2627 W 34TH AV 5,390,000 5,980,000 590,000 9.87 5 HOUSE 0
# 202 2244 MCGILL ST 208,000 229,900 21,900 9.53 1 APTU 38
# 213 2556 E HASTINGS ST 388,000 428,000 40,000 9.35 1 APTU 19
121 W 44TH AV 1,999,000 2,199,000 200,000 9.10 4 HOUSE 11
# 302 2446 POINT GREY RD 999,000 1,098,000 99,000 9.02 2 APTU 29
# 1007 1177 HORNBY ST 550,000 600,000 50,000 8.33 2 APTU 31
1470 ARBUTUS ST 1,169,000 1,269,000 100,000 7.88 3 TWNHS 9
# 104 1010 CHILCO ST 595,000 645,000 50,000 7.75 2 APTU 28
# 414 333 WETHERSFIELD DR 488,000 529,000 41,000 7.75 3 APTU 36
4277 W 11TH AV 3,988,000 4,299,000 311,000 7.23 6 HOUSE 4
# 1204 1020 HARWOOD ST 650,000 699,900 49,900 7.13 2 APTU 26
# 210 2298 MCBAIN AV 369,900 398,000 28,100 7.06 1 APTU 39
4573 W 2ND AV 4,188,000 4,498,000 310,000 6.89 5 HOUSE 1
# 202 3680 RAE AV 277,500 298,000 20,500 6.88 2 APTU 22
# 212 2239 KINGSWAY BB 279,900 299,900 20,000 6.67 1 APTU 3
2226 PORTSIDE CT 649,000 695,000 46,000 6.62 3 TWNHS 27
# 3004 438 SEYMOUR ST 499,900 535,000 35,100 6.56 2 APTU 18
733 W 66TH AV 3,068,000 3,280,000 212,000 6.46 4 HOUSE 8
2285 W 16TH AV 2,988,000 3,188,000 200,000 6.27 6 HOUSE 0
2499 W 35TH AV 2,988,000 3,188,000 200,000 6.27 5 HOUSE 86
# 303 5880 HAMPTON PL 598,000 638,000 40,000 6.27 2 APTU 21
# 101 5838 BERTON AV 1,499,000 1,599,000 100,000 6.25 3 APTU 5
# 801 1238 BURRARD ST 375,000 400,000 25,000 6.25 1 APTU 10
3771 W 11TH AV 2,238,000 2,380,000 142,000 5.97 6 HOUSE 999
6833 SELKIRK ST  3,199,088 3,399,999 200,911 5.91 7 HOUSE 17
2954 W 23RD AV 3,288,000 3,490,000 202,000 5.79 5 HOUSE 10
2812 W 19TH AV 1,649,000 1,749,000 100,000 5.72 5 HOUSE 20
# 502 535 SMITHE ST 849,000 899,900 50,900 5.66 2 APTU 4
1620 W 63RD AV 1,699,000 1,800,000 101,000 5.61 4 HOUSE 27
529 W 16TH AV 849,900 899,000 49,100 5.46 3 TWNHS 18
# 817 1777 W 7TH AV 528,000 558,000 30,000 5.38 1 APTU 0
4489 OAK ST 1,598,000 1,688,000 90,000 5.33 4 HOUSE 64
169 E 22ND AV 1,648,000 1,739,000 91,000 5.23 6 HOUSE 6
4038 W 14TH AV 3,498,000 3,688,000 190,000 5.15 5 HOUSE 5
# 208 1500 PENDRELL ST 349,900 368,500 18,600 5.05 1 APTU 35
# 204 570 E 8TH AV 245,000 258,000 13,000 5.04 1 APTU 31

16 of the 41 top declines were attributable to houses, 21 were attributable to apartments and 3 to townhouses.