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%