Cambie Real Estate Update (August 2015)

Detached home sales (6) were the same for August 2015 when compared to the same month last year. The highest priced home to sell in August was for $3,370,000 and the lowest priced home to sell was for $1,869,000. Five homes sold over their asking price and one home sold at its asking price. All 6 sales were above their 2015 tax assessment values.

Currently there are 41 detached homes for sale and this is down from last month where there were 43 homes for sale. The lowest priced home for sale is listed at $1,398,000 (3 W 22nd Ave) and the highest priced home for sale is listed at $5,768,000 (416 West 27th Ave). The average listing price in the Cambie area is currently $3,600,360. During August, there were six listings that expired.


Cambie Average Sale
August 2015 $2,739,500
August 2014 $2,157,166
August 2013 $1,590,000
August 2012 $1,706,666


Average Days On Market
August 2015 - 14
August 2014 - 141
August 2013 - 56
August 2012 - 82


Sold % of Asking Price
August 2015 - 103.5%
August 2014 - 96.0%
August 2013 - 93.0%
August 2012 - 88.4%

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