Detached home sales were up for January 2014 as there were 9 sales compared to 6 sales for the same month last year. The highest priced home to sell in January was for $2,415,000 (633 W King Edward Ave - 47’ X 130’ lot size) and the lowest priced home to sell was for $1,500,000 (638 W 22nd Ave – 33’ X 122’ lot size). Only 1 of the 9 sales was below their 2013 tax assessment values.
Currently there are 44 homes for sale and this is up from last month where there were 35 homes for sale. The lowest priced home for sale is $948,000 (57 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 January, there were two listings that expired as they were unable to sell.
Additional January Cambie Area Sales
596 W 17th Ave Asking $1,389,000*
875 W 20th Ave Asking $1,450,000*
956 W 32nd Ave Asking $1,888,000
5269 Ash Street Asking $2,098,000
721 W 27th Ave Asking $2,098,000
148 Talisman Ave Asking $2,133,000
53 W 20th Ave Asking $2,398,000
*Sold above asking price