Detached home sales (5) were the same for November 2018 when compared to the same month last year (5). The highest priced home sold for $2,528,000 and the lowest priced home sold for $1,470,000. Two homes sold above their asking price while the rest of the sales were all below their asking price. Also all five homes sold below their 2018 tax assessment value. There were three price reductions during the month and three homes had their listings expire.
Currently there are 46 detached homes for sale and this is down from last month where there were 52 homes for sale. The lowest priced home for sale is listed at $2,098,000 (53 West 41st 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 $5,612,363. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
November 2018 $2,099,800
November 2017 $3,168,833
November 2016 $2,593,333
November 2015 $2,723,561
Average Days on Market
November 2018 - 49
November 2017 - 21
November 2016 - 14
November 2015 - 73
Sold % of Asking Price
November 2018 - 86.2%
November 2017 - 99.2%
November 2016 - 95.0%
November 2015 - 98.2%