Cambie Real Estate Update (January 2018)

Detached home sales (1) were down for December 2017 when compared to the same month last year (6).  The only home to sell sold below its asking price and it was above its 2017 tax assessment values. There were no price reductions during the month and five homes had their listings expire.


Currently there are 29 detached homes for sale and this is down from last month where there were 32 homes for sale.  The lowest priced home for sale is listed at $2,398,000 (772 West 17th Ave) and the highest priced home for sale is listed at $9,388,000 (5235 Kersland Drive).  The average listing price in the Cambie area is currently $4,999,016. 


Cambie Average Sale

December 2017  $3,530,000

December 2016  $2,638,489               

December 2015  $3,049,600

December 2014  $2,424,000


Average Days on Market

December 2017 - 13

December 2016 - 54

December 2015 - 41

December 2014 - 29


Sold % of Asking Price

December 2017 - 98.0%

December 2016 - 95.0%

December 2015 - 96.8 %

December 2014 - 97.6%

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