Detached home sales (3) were down for the month of January 2020 when compared to the same month last year (5). The highest priced home sold for $2,985,000 and the lowest priced home sold for $2,200,000. One home sold above its asking price while the rest of the sales were all below their asking price. Also all three homes sold above their 2019 tax assessment values. There were three price reductions during the month and three homes had their listings expire.
Currently there are 29 detached homes for sale and this is up from last month where there were 26 homes for sale. The lowest priced home for sale is listed at $2,190,000 (834 West 18th Ave) and the highest priced home for sale is listed at $7,110,036 (656 McGuigan Ave). The average listing price in the Cambie area is currently $4,424,404. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
January 2020 $2,595,666
January 2019 $2,387,283
January 2018 $3,568,333
January 2017 $2,307,333
Average Days on Market
January 2020 - 27
January 2019 - 20
January 2018 - 45
January 2017 - 41
Sold % of Asking Price
January 2020 - 93.5%
January 2019 - 89.5%
January 2018 - 96.7%
January 2017 - 96.3%