Cambie Real Estate Update (July 2013)

Detached home sales were up for July 2013 as there were 11 sales compared to 8 sales for the same month last year. The highest priced home to sell in July was for $3,010,000 (405 W 26th Ave - 58’ X 152’ lot size) and the lowest priced home to sell was for $1,488,000 (618 W 17th Ave – 33’ X 122’ lot size). Two homes sold above their asking price and three homes sold below their 2013 tax assessment values.


Currently there are 42 homes for sale and this is down from last month where there were 47 homes for sale. The lowest priced home for sale is $1,468,000 (985 W 23rd Ave - 33’ X 122’ lot size) and the highest priced home for sale is $5,000,000 (506 W 27th Ave - 67’ X 150’ lot size). Also at the end of July, 1 listing expired as they were unable to sell after being on the market for over 4 months.


Additional July Cambie Area Sales

 

476 W 26th Ave             Asking $1,899,000
912 W 23rd Ave             Asking $1,950,000**
963 W 18th Ave             Asking $1,988,000
5438 Mackie St             Asking $2,490,000
587 W King Edward     Asking $2,860,000
223 W 17th Ave             Asking $1,398,000*
462 W 19th Ave             Asking $1,548,000
481 W 40th Ave             Asking $1,699,000
531 W 18th Ave             Asking $1,699,000*
618 W 17th Ave             Asking $1,558,000


* Sold above asking price ** Sold at asking price
(June Sales Correction 855 W 19th Ave Asking $2,195,000…sold above tax assessed value)

Cambie Real Estate Update (July 2013)

Detached home sales were up for July 2013 as there were 11 sales compared to 8 sales for the same month last year. The highest priced home to sell in July was for $3,010,000 (405 W 26th Ave - 58’ X 152’ lot size) and the lowest priced home to sell was for $1,488,000 (618 W 17th Ave – 33’ X 122’ lot size). Two homes sold above their asking price and three homes sold below their 2013 tax assessment values.


Currently there are 42 homes for sale and this is down from last month where there were 47 homes for sale. The lowest priced home for sale is $1,468,000 (985 W 23rd Ave - 33’ X 122’ lot size) and the highest priced home for sale is $5,000,000 (506 W 27th Ave - 67’ X 150’ lot size). Also at the end of July, 1 listing expired as they were unable to sell after being on the market for over 4 months.


Additional July Cambie Area Sales

 

476 W 26th Ave             Asking $1,899,000
912 W 23rd Ave             Asking $1,950,000**
963 W 18th Ave             Asking $1,988,000
5438 Mackie St             Asking $2,490,000
587 W King Edward     Asking $2,860,000
223 W 17th Ave             Asking $1,398,000*
462 W 19th Ave             Asking $1,548,000
481 W 40th Ave             Asking $1,699,000
531 W 18th Ave             Asking $1,699,000*
618 W 17th Ave             Asking $1,558,000


* Sold above asking price ** Sold at asking price
(June Sales Correction 855 W 19th Ave Asking $2,195,000…sold above tax assessed value)

Market Insight
  • View recent sold prices
  • Average asking prices
  • How fast are homes selling
  • Is it a buyers or sellers market
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