Detached home sales (2) were slightly down for July 2018 when compared to the same month last year (5). The highest priced home sold for $2,455,000 and the lowest price home sold for $2,000,000. Both sales were below their asking price. Also both homes sold below their 2017 tax assessment values. There were four price reductions during the month and five homes had their listings expire.
Currently there are 41 detached homes for sale and this is down from last month where there were 42 homes for sale. The lowest priced home for sale is listed at $1,895,000 (820 West 23rd Ave) and the highest priced home for sale is listed at $13,980,000 (5480 & 5488 Cambie Street). The average listing price in the Cambie area is currently $4,804,702. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
July 2018 $2,227,500
July 2017 $2,882,429
July 2016 $3,271,900
July 2015 $2,255,033
Average Days on Market
July 2018 - 87
July 2017 - 29
July 2016 - 25
July 2015 - 26
Sold % of Asking Price
July 2018 - 96.6%
July 2017 - 100.6%
July 2016 - 98.2%
July 2015 - 100.2%