Cambie Real Estate Update (November 2017)

Detached home sales (8) were slightly up for October 2017 when compared to the same month last year (6).  Three homes sold above their asking price and the other sales were all below their asking price. The highest priced home to sell in October was for $5,000,000 and the lowest priced home to sell was for $2,150,000. Five of the eight sales were above their 2017 tax assessment values. There were three price reductions during the month and one home had its listing expire.

 

Currently there are 43 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 (3575 Laurel Street) and the highest priced home for sale is listed at $9,998,000 (5538 Willow Street).  The average listing price in the Cambie area is currently $4,912,602.

 

Cambie Average Sale

October 2017  $3,091,875

October 2016  $3,392,750                

October 2015  $2,588,200

October 2014  $1,875,000

 

Average Days on Market

October 2017 - 37

October 2016 - 26

October 2015 - 9

October 2014 - 41

 

Sold % of Asking Price

October 2017 - 95.3%

October 2016 - 99.6%

October 2015 - 101.8 %

October 2014 - 95.2%

Cambie Real Estate Update (November 2017)

Detached home sales (8) were slightly up for October 2017 when compared to the same month last year (6).  Three homes sold above their asking price and the other sales were all below their asking price. The highest priced home to sell in October was for $5,000,000 and the lowest priced home to sell was for $2,150,000. Five of the eight sales were above their 2017 tax assessment values. There were three price reductions during the month and one home had its listing expire.

 

Currently there are 43 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 (3575 Laurel Street) and the highest priced home for sale is listed at $9,998,000 (5538 Willow Street).  The average listing price in the Cambie area is currently $4,912,602.

 

Cambie Average Sale

October 2017  $3,091,875

October 2016  $3,392,750                

October 2015  $2,588,200

October 2014  $1,875,000

 

Average Days on Market

October 2017 - 37

October 2016 - 26

October 2015 - 9

October 2014 - 41

 

Sold % of Asking Price

October 2017 - 95.3%

October 2016 - 99.6%

October 2015 - 101.8 %

October 2014 - 95.2%

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.