Detached home sales (4) were the up for January 2019 when compared to the same month last year (3). The highest priced home sold for $2,800,000 and the lowest priced home sold for $1,970,000. All four homes sold below their asking price. Also all the sales were below their 2018 tax assessment value. There were no price reductions during the month and seven homes had their listings expire.
Currently there are 42 detached homes for sale and this is up from last month where there were 38 homes for sale. The lowest priced home for sale is listed at $1,998,000 (86 West 19th 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 $5,217,355. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
January 2019 $2,282,962
January 2018 $3,568,333
January 2017 $2,387,500
January 2016 $2,855,286
Average Days on Market
January 2019 - 20
January 2018 - 45
January 2017 - 32
January 2016 - 29
Sold % of Asking Price
January 2019 - 89.5%
January 2018 - 96.7%
January 2017 - 99.7%
January 2016 - 101.5%