30 Days in Vancouver’s Cambie Neighbourhood


Cambie Neighborhood

Central to the Cambie Neighbourhood is the highest topigraphical point in Vancouver located in Queen Elizabeth park. It is the only promontory where you get a full 360 degree view of the city.

30 Days

Cambie real estate during 30 day period of January 15, 2009 to February 14, 2009 experienced continuing decline in sales activity.

The Picture

The Numbers

FOR SALE

Active Listings 35
Average Listing Price $1,346,308
Median Listing Price $1,249,000

EXPIRED

Expired Listings 2
Average Expired Price $1,241,500
Median Expired Price $1,241,500

SOLD LISTINGS

Sold Listings 7
Average Sold Asking Price $958,700
Average Sold Price $899,666
Median Sold Ask Price $899,900
Median Sold Price $859,000

HIGH/LOW

Current Highest List Price $2,650,000
Current Lowest List Price $729,000

Outlook

Buyers are looking for the sharp price while they anticipate further price reductions. 17 of the 35 or 48% of the active listings had price reductions.

Economists within and outside of the industry, are calling for a further decline during 2009.

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I’m always happy to answer your Vancouver Real Estate question. Call or send me an email Twitter or Skype me at YatterMatters.

Larry

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed. **Numbers provided may vary as they are dynamically posted by the REBGV.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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