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%