Detached home sales (3) were slightly up for August 2017 when compared to the same month last year (1). One home sold above its asking price and the other sales were all below their asking price. The highest priced home to sell in August was for $4,100,000 and the lowest priced home to sell was for $2,990,000. Also two of the three sales were below their 2017 tax assessment values. There was one price reduction during the month as well as there were no listings which expired.
Currently there are 35 detached homes for sale and this is up from last month where there were 29 homes for sale. The lowest priced home for sale is listed at $2,298,000 (560 West 19th Ave) and the highest priced home for sale is listed at $8,380,000 (4969 Ash Street). The average listing price in the Cambie area is currently $4,552,768. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
August 2017 $3,693,333
August 2016 $3,941,000
August 2015 $2,646,013
August 2014 $1,777,000
Average Days on Market
August 2017 - 6
August 2016 - 32
August 2015 - 14
August 2014 - 141
Sold % of Asking Price
August 2017 - 103.1%
August 2016 - 95.9%
August 2015 - 107.9%
August 2014 - 95.4%