‘Pretty remarkable’: B.C. home sells for $800K above asking price

While homes sales have slowed in B.C.’s Lower Mainland, real estate agent Jaden Narduzzi is celebrating a personal win—after selling a property for $800,000 above asking price.

The Port Moody home listed by Narduzzi and business partner Jordon Sutton sold for $3.79 million on Dec. 8, 11 days after being listed for $2.99 million.

“It was pretty remarkable,” Narduzzi said. “Not many homes are going for $800,000 over asking price in this market.”

The 4,819-square-foot home at 8 Creekstone Pl. has four bedrooms and six bathrooms, plus extras that include a fire pit and golf simulator.

Narduzzi acknowledged the asking price was lower than would be expected for the property, which was built in 2020, making it a relatively new home for the area. The previous owners were hoping for a quick sale, he said.

“Our clients had mentioned to us that they wanted it sold before Christmas,” he said. “Obviously a lot of people don’t want to deal with these things during the holidays, so we had a short timeline.”

The listing generated a lot of buzz, Narduzzi said, with approximately 40 people visiting the home between the listing date of Nov. 27 and the offer date.

While the real estate agent said he expected the sale price to exceed asking, he was still “quite shocked” by just how high it went.

“It’s been the talk of the town in Port Moody,” Narduzzi said. “We’ve got a lot of neighbours calling.”

It also marked the highest sale price ever recorded in the city’s Heritage Mountain area, according to Narduzzi, who cited multiple listing service data.

The previous record of $3.26 million was set last February.

Home sales across the region were lower than they’ve been in decades last year, according to data from Greater Vancouver Realtors and the Fraser Valley Real Estate Board.