Cambie Real Estate Update (October 2015)

Detached home sales (4) were down for October 2015 when compared to the same month last year (11).  The highest priced home to sell in October was for $3,025,000 and the lowest priced home to sell was for $2,050,000.  Three homes sold over their asking price.  All 4 sales were above their 2015 tax assessment values. During October 4 listings expired and 2 homes reduced their price. 


Currently there are 34 detached homes for sale and this is down from last month where there were 39 homes for sale.  The lowest priced home for sale is listed at $1,999,000 (616 West 21st Ave) and the highest priced home for sale is listed at $5,788,000 (416 West 27th Ave).  The average listing price in the Cambie area is currently $3,681,488. 


Cambie Average Sale

October 2015  $2,588,200

October 2014  $1,875,000

October 2013  $1,780,214

October 2012  $1,455,833


Average Days On Market

October 2015 - 9

October 2014 - 41

October 2013 - 34

October 2012 - 74


Sold % of Asking Price

October 2015 - 101.8

October 2014 - 95.2%

October 2013 - 100.5%

October 2012 - 89.9%

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