Detached home sales (1) were really down for August 2016 when compared to the same month last year (8). The only home sale in August sold for 2,650,000 and this was above its asking price. Also this sale was above its 2016 tax assessment value. In terms of price changes, there were 2 price reductions during the month and 3 listings expired.
Currently there are 33 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 $2,189,000 (564 West 17th Ave) and the highest priced home for sale is listed at $6,200,000 (588 West King Edward Ave). The average listing price in the Cambie area is currently $3,609,242. For all current listing information, please visit cambie-homes.com.
Cambie Average Sale
August 2016 $2,650,000
August 2015 $2,646,013
August 2014 $1,777,000
August 2013 $1,830,667
Average Days On Market
August 2016 - 32
August 2015 - 14
August 2014 - 141
August 2013 - 56
Sold % of Asking Price
August 2016 - 95.9%
August 2015 - 107.9%
August 2014 - 95.4%
August 2013 - 91.7%