Detached home sales (7) were the same for May 2019 when compared to the same month last year (7). The highest priced home sold for $3,960,000 and the lowest priced home sold for $2,289,000. One home sold at its asking price and one home sold above it’s asking price while the rest of the sales were all below their asking price. Also five of the seven sales were below their 2018 tax assessment values. There were two price reductions during the month and six homes had their listings expire.
Currently there are 49 detached homes for sale and this is down from last month where there were 54 homes for sale. The lowest priced home for sale is listed at $1,999,000 (575 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 $4,305,296. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
May 2019 $2,876,917
May 2018 $3,054,633
May 2017 $2,980,895
May 2016 $3,253,762
Average Days on Market
May 2019 - 34
May 2018 - 44
May 2017 - 25
May 2016 - 38
Sold % of Asking Price
May 2019 - 94.1%
May 2018 - 97.5%
May 2017 - 98.3%
May 2016 - 102.6%
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.