Detached home sales (1) were the same for December 2018 when compared to the same month last year (1). The only sale sold for $2,300,000 and this was below their asking price. Also this home sold below its 2018 tax assessment value. There were no price reductions during the month and seven homes had their listings expire.
Currently there are 38 detached homes for sale and this is down from last month where there were 46 homes for sale. The lowest priced home for sale is listed at $1,999,000 (845 West 17th 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 $5,594,787. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
December 2018 $2,300,000
December 2017 $2,964,000
December 2016 $2,638,489
December 2015 $3,049,600
Average Days on Market
December 2018 - 127
December 2017 - 13
December 2016 - 54
December 2015 - 41
Sold % of Asking Price
December 2018 - 83.1%
December 2017 - 98.0%
December 2016 - 95.0%
December 2015 - 96.8%