Cambie Real Estate Update (April 2016)

Detached home sales (11) were the same for April 2016 when compared to the same month last year (11).  The highest priced home to sell in April was for $4,488,888 and the lowest priced home to sell was for $2,158,000.  Six homes sold above their asking price and the rest of the sales were all below their asking price.  Also all 11 sales were above their 2016 tax assessment values. In terms of price changes, one home increased their asking price.


Currently there are 31 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 $1,198,000 (731 West 17th Ave) and the highest priced home for sale is listed at $6,398,000 (5348 Manson Street).  The average listing price in the Cambie area is currently $2,792,990.  


Cambie Average Sale

April 2016  $3,111,824

April 2015  $2,083,231                

April 2014  $1,880,733

April 2013  $1,611,222


Average Days On Market

April 2016 - 26

April 2015 - 26

April 2014 - 10

April 2013 - 36


Sold % of Asking Price

April 2016 - 105.8%

April 2015 - 100.2%

April 2014 - 98.6%

April 2013 - 95.4%

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