Detached home sales (3) were really down for November 2016 when compared to the same month last year (11). All three homes sold below their asking price. Also all sales were above their 2016 tax assessment value. In terms of price changes, 2 homes reduced their price and 5 listings expired.
Currently there are 26 detached homes for sale and this is slightly up from last month where there were 24 homes for sale. The lowest priced home for sale is listed at $1,998,000 (12 West 18th Ave) and the highest priced home for sale is listed at $5,999,000 (656 West King Edward Ave). The average listing price in the Cambie area is currently $3,494,569. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
November 2016 $2,593,333
November 2015 $2,723,561
November 2014 $2,432,818
November 2013 $2,002,438
Average Days On Market
November 2016 - 14
November 2015 - 73
November 2014 - 62
November 2013 - 36
Sold % of Asking Price
November 2016 - 95.0%
November 2015 - 98.2%
November 2014 - 92.6%
November 2013 - 97.8%