Detached home sales (5) were slightly up for December 2015 when compared to the same month last year (4). The highest priced home to sell in December was for $3,405,000 and the lowest priced home to sell was for $2,228,000. All five homes sold below their asking price. Also all 5 sales were above their 2015 tax assessment values. There were also not any price reductions during the month, but there were 3 listings that expired.
Currently there are 17 detached homes for sale and this is down from last month where there were 30 homes for sale. The lowest priced home for sale is listed at $2,680,000 (161 W 41st Ave) and the highest priced home for sale is listed at $4,388,000 (5235 Kersland). The average listing price in the Cambie area is currently $3,294,529.
Cambie Average Sale
December 2015 $2,858,400
December 2014 $2,424,000
December 2013 $1,799,950
December 2012 $2,294,000
Average Days On Market
December 2015 - 41
December 2014 - 29
December 2013 - 94
December 2012 - 34
Sold % of Asking Price
December 2015 - 96.8%
December 2014 - 97.6%
December 2013 - 96.0%
December 2012 - 88.5%