Detached home sales (1) were really down for June 2019 when compared to the same month last year (14). The only sale for the month sold for $2,400,000 and this was below its asking price. Also this home sold under its 2018 tax assessment value. There was one price reduction during the month and no homes had their listings expire.
Currently there are 50 detached homes for sale and this is up from last month where there were 49 homes for sale. The lowest priced home for sale is listed at $1,999,000 (575 West 17th Ave) and the highest priced home for sale is listed at $13,980,000 (5480 & 5488 Cambie Street). The average listing price in the Cambie area is currently $4,291,512. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
June 2019 $2,400,000
June 2018 $3,306,417
June 2017 $3,369,000
June 2016 $3,497,417
Average Days on Market
June 2019 - 2
June 2018 - 48
June 2017 - 61
June 2016 - 27
Sold % of Asking Price
June 2019 - 96.1%
June 2018 - 97.9%
June 2017 - 99.2%
June 2016 - 99.9%