Detached home sales for August 2014 were the same as August 2013 (4 sales). The highest priced home to sell in August was for $2,010,000 and the lowest priced home to sell was for $1,600,000. One home sold over its asking price while the rest of the sales were all below their asking price. All 4 sales were above their 2014 tax assessment values.
Currently there are 45 homes for sale and this is up from last month where there were 42 homes for sale. The lowest priced home for sale is listed at $1,638,000 and the highest priced home for sale is listed at $4,388,000. At the end of August, there were 2 listings which expired as they were unable to sell and there were 2 homes which lowered their asking price.
Cambie Average Sale
August 2014 $1,886,667
August 2013 $1,830,667
August 2012 $1,697,600
August 2011 $2,037,364
Average Days On Market
August 2014 - 82
August 2013 - 56
August 2012 - 75
August 2011 - 16
Sold % of Asking Price
August 2014 - 93.2%
August 2013 - 91.7%
August 2012 - 83.1%
August 2011 - 100.7%