Central ParkHousing market

Central Park

Central Park Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

15

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

18 active

New

16(-23.81% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 7, in 2023: 2, in 2022: 3

Total Sold Listings*

4 sold

Median Sold Price

$750,000

Avg Days on Market

15 days

Median Bidding

$12,600

Compared to number of sold, same period, in 2024: 12, in 2023: 9, in 2022: 22

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Central Park - All types

Sold vs Active vs New vs Relisted - Central Park - All types

Sold Price Distribution - Central Park - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Central Park - All types

Property type distribution based on data from the last 3 months.

Median Price - Central Park - All types

Just listed - Central Park

Unknown for 505 Margaret St #201, Cambridge Ontario N3H 0A6

Re-listed 1 day ago

$•••,•••

Up to4K Cashback

505 Margaret St #201, Cambridge

Condo11713 sq ft

Listed by THE AGENCY

Home with brick exterior material, street for 333 Lowther St, Cambridge Ontario N3H 1Y9

2 days on market

Up to6K Cashback

333 Lowther St, Cambridge

Detached311144 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 373 Garden St, Cambridge Ontario N3H 4C8

2 days on market

Up to4K Cashback

373 Garden St, Cambridge

Detached421100-1500 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Unknown for 1225 Queenston Rd, Cambridge Ontario N3H 3L3

2 days on market

Up to3K Cashback

1225 Queenston Rd, Cambridge

Detached521500-2000 sq ft

Listed by MICHAEL ST.JEAN REALTY INC., BROKERAGE

Home with brick exterior material, street for 227 Waterloo St, Cambridge Ontario N3H 1N1

4 days on market

Up to4K Cashback

227 Waterloo St, Cambridge

Detached411691 sq ft

Listed by HOWIE SCHMIDT REALTY INC.

Unknown for 380 Rose St, Cambridge Ontario N3H 5B9

5 days on market

380 Rose St, Cambridge

Detached3+231500-2000 sq ft

Listed by PG DIRECT REALTY LTD.

Home with brick exterior material, street for 251 Hedley St, Cambridge Ontario N3H 3X9

6 days on market

Up to3K Cashback

251 Hedley St, Cambridge

Detached411500-2000 sq ft

Listed by RE/MAX A-B Realty Ltd

Home with brick exterior material, street for 245 DOVER St, Cambridge Ontario N3H 1L5

6 days on market

Up to4K Cashback

245 DOVER St, Cambridge

Detached2+131100-1500 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with vinyl exterior material, street for 1214-1218 King St, Cambridge Ontario N3H 3P8

8 days on market

Up to15K Cashback

1214-1218 King St, Cambridge

Townhouse-54568 sq ft

Listed by RE/MAX Twin City Realty Inc.

Unknown for 281 Erb St, Cambridge Ontario N3H 4G4

Re-listed 8 days ago

$•••,•••

Up to4K Cashback

281 Erb St, Cambridge

Detached32700-1100 sq ft

Listed by EXP REALTY

Just sold - Central Park

Home with vinyl exterior material, street for 742 Sherring St, Cambridge Ontario N3H 2X4

Sold for $793,000

$93K above asking

742 Sherring St, Cambridge

Detached432000-2500 sq ft

Listed by REAL BROKER ONTARIO LTD.

Home with vinyl exterior material, street for 742 Sherring St, Cambridge Ontario N3H 2X4

Sold 2 days ago

Sold for $793,000

$93K above asking

742 Sherring St, Cambridge

Detached4+13+12201.46 sq ft

Listed by Real Broker Ontario Ltd., Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 740 Rose St, Cambridge Ontario N3H 2E9

Sold 7 days ago

Sold for $700,000

$15K below asking

740 Rose St, Cambridge

Detached2+121100-1500 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 542 Church St, Cambridge Ontario N3H 1X5

Sold 9 days ago

Sold for $681,500

$8K below asking

542 Church St, Cambridge

Detached421500-2000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Unknown for 227 EAGLE St, Cambridge Ontario N3H 1E3

Sold 9 days ago

Sold for $505,000

$6K above asking

227 EAGLE St, Cambridge

Detached311100-1500 sq ft

Listed by Keller Williams Home Group Realty

Home with brick exterior material, street for 245 Bishop St #60, Cambridge Ontario N3H 5N2

Sold 15 days ago

Sold for $538,500

$11K below asking

245 Bishop St #60, Cambridge

Townhouse32+11250 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 819 Rose St, Cambridge Ontario N3H 2G2

Sold 17 days ago

Sold for $525,000

$50K above asking

819 Rose St, Cambridge

Semi-Detached32700-1100 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 485 Montrose St, Cambridge Ontario N3H 2P4

Sold 24 days ago

Sold for $675,000

$75K above asking

485 Montrose St, Cambridge

Detached311505 sq ft

Listed by HOLMES REAL ESTATE SERVICES INC., BROKERAGE

Home with brick exterior material, street for 318 Dolph St, Cambridge Ontario N3H 2C2

Sold 27 days ago

Sold for $1,450,350

$99K below asking

318 Dolph St, Cambridge

Townhouse1163000-3500 sq ft

Listed by Right At Home Realty, Brokerage

Home with brick exterior material, street for 415 Vine St, Cambridge Ontario N3H 2Y7

Sold 35 days ago

Sold for $640,000

$40K above asking

415 Vine St, Cambridge

Townhouse3+12+12056 sq ft

Listed by ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE

Population and Demographics

Overview

Total population 8915

Average household income $101,055

Age (%)

50 to 64

21%

65 and plus

21%

20 to 34

21%

0 to 19

18%

35 to 49

18%

Household composition (%)

Single family

56%

Single person

38%

Multi person

5%

Multi family

0%

Mother tongue (%)

English

91%

Others

4%

Portuguese

2%

French

1%

House tenancy (%)

Owners

54%

Renters

46%

Top 5 Schools in Central Park

Preston Public School210 Westminster Dr N, N3H 5C8, Cambridge, ON

6.6/10

Public•JK-6

St Joseph Catholic Elementary School980 Westminster Dr S, N3H 1V2, Cambridge, ON

6.5/10

Public•JK-8

Preston High School550 Rose St, N3H 2E6, Cambridge, ON

6.3/10

Public•9-12

Grand View Public School1144 Hamilton St, N3H 3G2, Cambridge, ON

6.3/10

Public•JK-6

St Michael Catholic Elementary School1150 Concession Rd, N3H 4L6, Cambridge, ON

5.7/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance