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Cambie Real Estate Update (June 2017)

Detached home sales (11) were up for May 2017 when compared to the same month last year (10). One home sold at its asking price and five homes sold above their asking price. The highest priced home to sell in May was for $4,556,000 and the lowest priced home to sell was for $2,400,000. Also 9 of the 11 sales were above their 2016 tax assessment values. There were no price reductions during the month or listings which expired.

 

Currently there are 28 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 $2,288,000 (5618 Columbia Street) and the highest priced home for sale is listed at $11,000,000 (485 West 35th Ave). The average listing price in the Cambie area is currently $2,987,909. For all current listing information, please visit Cambie-Homes.com.

 

Cambie Average Sale
May 2017 $3,041,545
May 2016 $3,253,762
May 2015 $2,200,000
May 2014 $2,070,141

 

Average Days on Market
May 2017 - 25
May 2016 - 38
May 2015 - 21
May 2014 - 31

 

Sold % of Asking Price
May 2017 - 98.3%
May 2016 - 102.6%
May 2015 - 100.0%
May 2014 - 98.7%

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.