Detached home sales (1) were slightly down for August 2018 when compared to the same month last year (3). The only sale sold for $3,784,200 and this was below its asking price. However this home did sell above its 2018 tax assessment value. There was only one price reduction during the month and two homes had their listings expire.
Currently there are 49 detached homes for sale and this is up from last month where there were 41 homes for sale. The lowest priced home for sale is listed at $2,099,000 (53 West 41st 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 $5,421,408. For all current listing information, please visit Cambie-Homes.com.
Cambie Average Sale
August 2018 $3,784,200
August 2017 $2,990,000
August 2016 $3,941,000
August 2015 $2,646,013
Average Days on Market
August 2018 - 41
August 2017 - 6
August 2016 - 32
August 2015 - 14
Sold % of Asking Price
August 2018 - 83.9%
August 2017 - 103.1%
August 2016 - 95.9%
August 2015 - 107.9%