Detached home sales were down for November 2014 as there were 6 sales compared to 15 sales for the same month last year. The highest priced home to sell in November was for $2,710,000 and the lowest priced home to sell was for $1,600,000. Three homes sold over their asking price while the rest of the sales were all below their asking price. All 6 sales were above their 2014 tax assessment values.
Currently there are 32 homes for sale and this is down from last month where there were 41 homes for sale. The lowest priced home for sale is listed at $1,698,000 (153 W 19th Ave) and the highest priced home for sale is listed at $4,300,000 (5208 Cambie St). During November, two listings expired as they were unable to sell and there were no price reductions for any of the active listings. For all current listing information, please visit cambie-homes.com.
Cambie Average Sale
November 2014 $2,432,818
November 2013 $2,002,438
November 2012 $1,376,250
November 2011 $1,479,769
Average Days On Market
November 2014 - 62
November 2013 - 36
November 2012 - 51
November 2011 - 60
Sold % of Asking Price
November 2014 - 92.6%
November 2013 - 97.8%
November 2012 - 94.1%
November 2011 - 98.9%