Detached home sales (4) were down for February 2019 when compared to the same month last year (6). The highest priced home sold for $3,535,000 and the lowest priced home sold for $2,050,000. Two homes sold above their asking price and two home sold below their asking price. Also two of the four sales were below their 2018 tax assessment values. There were two price reductions during the month and two homes had their listings expire.
Currently there are 40 detached homes for sale and this is down from last month where there were 42 homes for sale. The lowest priced home for sale is listed at $2,199,999 (563 West 20th 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 $4,851,218. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
February 2019 $2,597,750
February 2018 $2,723,167
February 2017 $2,347,500
February 2016 $2,783,027
Average Days on Market
February 2019 - 10
February 2018 - 40
February 2017 - 7
February 2016 - 19
Sold % of Asking Price
February 2019 - 98.6%
February 2018 - 94.5%
February 2017 - 97.6%
February 2016 - 105.6%