Detached home sales (2) were down when compared to the same month last year (7). The highest priced home sold for $3,500,000 and the lowest priced home sold for $2,689,000. Both homes sold below their asking price. Also both homes sold above their 2019 tax assessment values. There were zero price reductions during the month and two homes had their listings expire.
Currently there are 30 detached homes for sale and this is up from last month where there were 28 homes for sale. The lowest priced home for sale is listed at $1,839,000 (820 West 23rd Ave) and the highest priced home for sale is listed at $6,900,000 (5336 Cambie Street). The average listing price in the Cambie area is currently $3,785,426. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
May 2020 $3,094,500
May 2019 $2,876,917
May 2018 $3,054,633
May 2017 $2,980,895
Average Days on Market
May 2020 - 29
May 2019 - 34
May 2018 - 44
May 2017 - 25
Sold % of Asking Price
May 2020 - 95.8%
May 2019 - 94.1%
May 2018 - 97.5%
May 2017 - 98.3%