Detached home sales (11) were down for June 2016 when compared to the same month last year (15). The highest priced home to sell in June was for $4,080,000 and the lowest priced home to sell was for $2,458,000. Six homes sold above their asking price and the rest of the sales were all below their asking price. Also all 15 sales were above their 2016 tax assessment values. In terms of price changes, there were none during the month but 2 listings did expire.
Currently there are 33 detached homes for sale and this is up from last month where there were 32 homes for sale. The lowest priced home for sale is listed at $1,960,000 (845 West 17th Ave) and the highest priced home for sale is listed at $6,200,000 (588 West King Edward Ave). The average listing price in the Cambie area is currently $3,277,545. For all current listing information, please visit cambie-homes.com.
Cambie Average Sale
June 2016 $3,218,818
June 2015 $2,476,000
June 2014 $1,886,400
June 2013 $1,858,083
Average Days On Market
June 2016 - 27
June 2015 - 19
June 2014 - 42
June 2013 - 44
Sold % of Asking Price
June 2016 - 99.9%
June 2015 - 105.3%
June 2014 - 95.6%
June 2013 - 96.3%