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Blog by Lorne Martinuik

Real Estate market collapse?

September 29th, 2006
The Tri-City real estate market is still doing well....not dead..only a flesh wound!.

COQUITLAM stats; detached homes - June 1 to Sept 29/06,  415 homes sold  average days on the market was 32  Sale price to List price ratio was 97.46%   (104 sales per month avg)

Compare this to the hot spring market - Feb 1 to June 1/06 - 552 homes sold - avg days on market was 29, Sale price to List price ratio was 98.08% (138 sales per month avg)

From this we can see that sales are definitely slower in the past 4 months BUT half of this time was in the traditional slow time of the year (July, August).

Average selling

400 Bruneau Place, 1 BC

September 28th, 2006
I just sold this detached at 400 Bruneau Place, 1 BC in the 1 neighborhood.

View this recently sold detached or see all my home sales

#5 - 1251 LaSalle Place, 1 BC

September 28th, 2006
I just sold this attached at #5 - 1251 LaSalle Place, 1 BC in the 1 neighborhood.

View this recently sold attached or see all my home sales

THE SUMMIT - 1177 EASTERN DRIVE, Summit BC

September 26th, 2006
I just sold this Townhouse at THE SUMMIT - 1177 EASTERN DRIVE, Summit BC .

View this recently sold Townhouse or see all my home sales