Detached home sales (6) were the same for February 2018 when compared to the same month last year (6). The highest priced home sold for $3,600,000 and the lowest price home sold for $2,220,000. One home sold above its asking price while the rest of the sales were all below their asking price. Also three of the homes sold below their 2017 tax assessment values. There were no price reductions during the month and one home had their listing expire.
Currently there are 39 detached homes for sale and this is up from last month where there were 34 homes for sale. The lowest priced home for sale is listed at $2,100,000 (3867 Tupper Street) and the highest priced home for sale is listed at $9,388,000 (5235 Kersland Drive). The average listing price in the Cambie area is currently $4,472,622. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
February 2018 $2,723,166
February 2017 $2,783,027
February 2016 $2,347,500
February 2015 $2,723,167
Average Days on Market
February 2018 - 40
February 2017 - 7
February 2016 - 19
February 2015 - 66
Sold % of Asking Price
February 2018 - 94.5%
February 2017 - 97.6%
February 2016 - 105.6%
February 2015 - 102.6%