Cambie Real Estate Update (June 2016)

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%

Cambie Real Estate Update (June 2016)

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%

Market Insight
  • View recent sold prices
  • Average asking prices
  • How fast are homes selling
  • Is it a buyers or sellers market
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.