Cambie Real Estate Update (May 2018)

Detached home sales (5) were really down for April 2018 when compared to the same month last year (10).  The highest priced home sold for $4,115,000 and the lowest price home sold for $2,000,000.  One home sold above it’s asking price and all 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 four price reductions during the month and three homes had their listings expire.

 

Currently there are 46 detached homes for sale and this is up from last month where there were 41 homes for sale.  The lowest priced home for sale is listed at $1,998,000 (820 West 23rd Ave) and the highest priced home for sale is listed at $9,300,000 (5235 Kersland Drive).  The average listing price in the Cambie area is currently $4,163,281.  For all current listing information, please visit Cambie-Homes.com.

 

Cambie Average Sale

April 2018  $2,890,000      

April 2017  $3,066,167              

April 2016  $3,111,824

April 2015  $2,083,231

 

Average Days on Market

April 2018 - 11

April 2017 - 113

April 2016 - 26

April 2015 - 26              

 

Sold % of Asking Price

April 2018 - 98.2%

April 2017 - 86.5%

April 2016 - 105.8%

April 2015 - 100.2%

Cambie Real Estate Update (May 2018)

Detached home sales (5) were really down for April 2018 when compared to the same month last year (10).  The highest priced home sold for $4,115,000 and the lowest price home sold for $2,000,000.  One home sold above it’s asking price and all 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 four price reductions during the month and three homes had their listings expire.

 

Currently there are 46 detached homes for sale and this is up from last month where there were 41 homes for sale.  The lowest priced home for sale is listed at $1,998,000 (820 West 23rd Ave) and the highest priced home for sale is listed at $9,300,000 (5235 Kersland Drive).  The average listing price in the Cambie area is currently $4,163,281.  For all current listing information, please visit Cambie-Homes.com.

 

Cambie Average Sale

April 2018  $2,890,000      

April 2017  $3,066,167              

April 2016  $3,111,824

April 2015  $2,083,231

 

Average Days on Market

April 2018 - 11

April 2017 - 113

April 2016 - 26

April 2015 - 26              

 

Sold % of Asking Price

April 2018 - 98.2%

April 2017 - 86.5%

April 2016 - 105.8%

April 2015 - 100.2%

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.