Cambie Real Estate Update (October 2014)

Detached home sales were way down for October 2014 as there were 5 sales compared to 14 sales for the same month last year.  The highest priced home to sell in October was for $2,280,000 and the lowest priced home to sell was for $1,550,000.  One home sold over its asking price while the rest of the sales were all below their asking price.  All 5 sales were above their 2014 tax assessment values.

 

Currently there are 41 homes for sale and this is down from last month where there were 42 homes for sale.  The lowest priced home for sale is listed at $1,498,000 and the highest priced home for sale is listed at $4,300,000.  During October, four listings lowered their asking price and six listings expired as they were unable to sell.  For all current listing information, please visit cambie-homes.com.

 

Cambie Average Sale

October 2014  $1,875,000

October 2013  $1,780,214

October 2012  $1,455,833

October 2011  $1,637,000

 

Average Days On Market

October 2014 - 40

October 2013 - 34

October 2012 - 74

October 2011 - 24

 

Sold % of Asking Price

October 2014 – 95.2%

October 2013 – 100.5%

October 2012 – 89.9%

October 2011 – 97.5%

Cambie Real Estate Update (October 2014)

Detached home sales were way down for October 2014 as there were 5 sales compared to 14 sales for the same month last year.  The highest priced home to sell in October was for $2,280,000 and the lowest priced home to sell was for $1,550,000.  One home sold over its asking price while the rest of the sales were all below their asking price.  All 5 sales were above their 2014 tax assessment values.

 

Currently there are 41 homes for sale and this is down from last month where there were 42 homes for sale.  The lowest priced home for sale is listed at $1,498,000 and the highest priced home for sale is listed at $4,300,000.  During October, four listings lowered their asking price and six listings expired as they were unable to sell.  For all current listing information, please visit cambie-homes.com.

 

Cambie Average Sale

October 2014  $1,875,000

October 2013  $1,780,214

October 2012  $1,455,833

October 2011  $1,637,000

 

Average Days On Market

October 2014 - 40

October 2013 - 34

October 2012 - 74

October 2011 - 24

 

Sold % of Asking Price

October 2014 – 95.2%

October 2013 – 100.5%

October 2012 – 89.9%

October 2011 – 97.5%

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.