Cambie Real Estate Update (August 2017)

Detached home sales (4) were slightly down for July 2017 when compared to the same month last year (5).  Three homes sold above their asking price and one sale was at its asking price. The highest priced home to sell in July was for $3,688,000 and the lowest priced home to sell was for $2,495,000. Also all sales were above their 2017 tax assessment values. There were two price reductions during the month as well as 2 listings which expired.

 

Currently there are 29 detached homes for sale and this is down from last month where there were 32 homes for sale.  The lowest priced home for sale is listed at $2,298,000 (560 West 19th Ave) and the highest priced home for sale is listed at $11,000,000 (485 West 35th Ave).  The average listing price in the Cambie area is currently $4,318,555.  

 

Cambie Average Sale

July 2017  $2,975,750

July 2016  $3,271,900                

July 2015  $2,255,033

July 2014  $1,814,250

 

Average Days on Market

July 2017 - 29

July 2016 - 25

July 2015 - 26

July 2014 - 40

 

Sold % of Asking Price

July 2017 - 100.6%

July 2016 - 98.2%

July 2015 - 100.2%

July 2014 - 98.4%

Cambie Real Estate Update (August 2017)

Detached home sales (4) were slightly down for July 2017 when compared to the same month last year (5).  Three homes sold above their asking price and one sale was at its asking price. The highest priced home to sell in July was for $3,688,000 and the lowest priced home to sell was for $2,495,000. Also all sales were above their 2017 tax assessment values. There were two price reductions during the month as well as 2 listings which expired.

 

Currently there are 29 detached homes for sale and this is down from last month where there were 32 homes for sale.  The lowest priced home for sale is listed at $2,298,000 (560 West 19th Ave) and the highest priced home for sale is listed at $11,000,000 (485 West 35th Ave).  The average listing price in the Cambie area is currently $4,318,555.  

 

Cambie Average Sale

July 2017  $2,975,750

July 2016  $3,271,900                

July 2015  $2,255,033

July 2014  $1,814,250

 

Average Days on Market

July 2017 - 29

July 2016 - 25

July 2015 - 26

July 2014 - 40

 

Sold % of Asking Price

July 2017 - 100.6%

July 2016 - 98.2%

July 2015 - 100.2%

July 2014 - 98.4%

Market Insight
  • View recent sold prices
  • Average asking prices
  • How fast are homes selling
  • Is it a buyers or sellers market
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.