Cambie Real Estate Update (December 2017)

Detached home sales (5) were slightly up for November 2017 when compared to the same month last year (3).  One home sold at its asking price and the other sales were all below their asking price. The highest priced home to sell in November was for $4,000,000 and the lowest priced home to sell was for $1,978,000. Three of the five sales were above their 2017 tax assessment values. There were no price reductions during the month and two homes had their listings expire.

 

Currently there are 32 detached homes for sale and this is down from last month where there were 43 homes for sale.  The lowest priced home for sale is listed at $2,398,000 (420 West 20th Ave) and the highest priced home for sale is listed at $9,998,000 (5538 Willow Street).  The average listing price in the Cambie area is currently $4,861,837.  For all current listing information, please visit Cambie-Homes.com.

 

Cambie Average Sale

November 2017  $2,762,200

November 2016  $2,593,333               

November 2015  $2,723,561

November 2014  $2,432,818

 

Average Days on Market

November 2017 - 21

November 2016 - 14

November 2015 - 73

November 2014 - 62

 

Sold % of Asking Price

November 2017 - 99.2%

November 2016 - 95.0%

November 2015 - 98.2 %

November 2014 - 92.6%

 

Cambie Real Estate Update (December 2017)

Detached home sales (5) were slightly up for November 2017 when compared to the same month last year (3).  One home sold at its asking price and the other sales were all below their asking price. The highest priced home to sell in November was for $4,000,000 and the lowest priced home to sell was for $1,978,000. Three of the five sales were above their 2017 tax assessment values. There were no price reductions during the month and two homes had their listings expire.

 

Currently there are 32 detached homes for sale and this is down from last month where there were 43 homes for sale.  The lowest priced home for sale is listed at $2,398,000 (420 West 20th Ave) and the highest priced home for sale is listed at $9,998,000 (5538 Willow Street).  The average listing price in the Cambie area is currently $4,861,837.  For all current listing information, please visit Cambie-Homes.com.

 

Cambie Average Sale

November 2017  $2,762,200

November 2016  $2,593,333               

November 2015  $2,723,561

November 2014  $2,432,818

 

Average Days on Market

November 2017 - 21

November 2016 - 14

November 2015 - 73

November 2014 - 62

 

Sold % of Asking Price

November 2017 - 99.2%

November 2016 - 95.0%

November 2015 - 98.2 %

November 2014 - 92.6%

 

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.