Cambie Real Estate Update (February 2014)

Detached home sales were up for February 2014 as there were 14 sales compared to 6 sales for the same month last year. The highest priced home to sell in February was for $2,980,000 (3843 Heather Street - 33’ X 118’ lot size) and the lowest priced home to sell was for $1,385,000 (970 W 22nd Ave – 33’ X 122’ lot size). All 14 sales sold higher than their 2013 tax assessment values.

Currently there are 43 homes for sale and this is down from last month where there were 44 homes for sale. The lowest priced home for sale is $888,000 (35 W 41st Ave - 33’ X 112’ lot size) and the highest priced home for sale is $5,000,000 (506 W 27th Ave – 67.5’ X 150’ lot size). At the end of February, there were two listings that expired as they were unable to sell.

Additional February Cambie Area Sales
943 W 23rd Ave       Asking $1,388,888*
951 W 23rd Ave       Asking $1,399,000*
46 W King Ed           Asking $1,450,000
859 W 24th Ave        Asking $1,498,000
2 W 22nd Ave           Asking $1,550,000
140 W 23rd Ave        Asking $1,498,000*
218 W 17th Ave         Asking $1,598,000*
875 W 38th Ave         Asking $2,098,000
102 W 22nd Ave        Asking $1,988,000*
5479 Elizabeth St     Asking $1,960,000*
5633 Columbia St    Asking $2,298,000
622 W 20th Ave         Asking $2,768,000

*Sold above asking price

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