30 Days in Vancouver’s Cambie Neighbourhood
Posted February 15th, 2009 in Buying or Selling, Real Estate, Statistics | 
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.
