Cambie Real Estate Update (December 2015)

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%

Cambie Real Estate Update (December 2015)

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%

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.