Early March real estate busy in Coquitlam for houses

A spring rebound? The first week of March was a busy one for Coquitlam real estate, with buyers snapping up five single-family in less than five days.

Coquitlam real estate sales improved slightly in February and March may be continuing the trend.

Over the past two weeks, 29 single-family homes — ranging in price from $1.16 million to $2.58 million — were reported sold on Zealty.ca.

And five of them sold in less than five days in the first week of March.

It’s important to wait for monthly reports from the Real Estate Board of Greater Vancouver, speak directly with a real estate expert and to pay attention to Bank of Canada interest rates to get the full picture.

But early March shows signs of a slight rebound, judging by a quick turnover of several homes.

Ranging in age from three years to 74 years old, the homes listed here represent a variety of sizes and styles but all have yards, some of which are substantial in size.

Price points range from $1.255 million for a home in Coquitlam’s Cape Horn neighbourhood to $2.55 million for an executive home in Maillardville in southwestern Coquitlam.

Here’s what single family homes sold between March 1 and March 5 (only those sold in less than a week are included):

1976 Hillside Ave. (Cape Horn) $1.255 million

  • Days on market: 4
  • Listed: March 1
  • Sold: March 5
  • Description: Three-bedroom, two-bathroom home with an art workshop area, and the potential for (unauthorized) suite conversion.  
  • House size: 1,700 sq.ft.
  • Lot size: 8,955 sq.ft.
  • Age: 74 years old

3188 Sechelt Dr. (New Horizons) $1.3 million

  • Days on market:1
  • Listed: Feb. 28
  • Sold: March 1
  • Description: Four-bedroom, three-bathroom home with an updated kitchen, lower level has a rec room with a wet bar and gas fireplace.
  • House size: 2,034 sq.ft.
  • Lot size: 4,079 sq.ft
  • Age: 42 years old

485 King Abert Ave. (Mundy Park) $1,755,000

  • Days on market: 5
  • Listed: Feb. 28
  • Sold March 5
  • Description: Three-bedroom, three-bathroom home with two updated Valour fireplaces new roof, skylights, gutters and windows, large family room.
  • House size: 2,026 sq.ft.
  • Lot size: 7,301 sq.ft.
  • Age: 44 years old

3483 Highland Dr. (Burke Mountain) $1,880,000

  • Days on market: 3
  • Listed: Feb. 27
  • Sold: March 2
  • Description: Newer four-bedroom, four-bathroom home, built by Argyle. Main level offers great room with gas fireplace, gourmet kitchen, huge pantry and an office/den.
  • House size: 3,178 sq.ft.
  • Lot size: 5,208 sq.ft.
  • 3 years old

1056 Rochester Ave. (Maillardville) $2,550,000

  • Days on market: 5
  • Listed: Feb. 28
  • Sold: March 5
  • Description: Five-bedroom, five-bathroom home with an executive office with built-in custom cabinetry, three-car garage, expansive views and spacious outdoor living in gated back yard. 
  • House size: 5,414 sq.ft.
  • Lot size: 7,920 sq.ft.
  • 32 years

The month of March appears to be similar to February when Tri-City homes sales experienced a slight rebound — especially in Coquitlam.

In Coquitlam, a whopping 84 condos were sold, up from 48 in January — a 75 per cent increase.

More people also bought houses in Coquitlam with 34 single-family homes sold in February, compared to 21 in January — an increase of 61.9 per cent, according to the Real Estate Board of Greater Vancouver.