City CoreHousing market

City Core

City Core Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

51

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*

49 active

New

23(+27.78% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 20, in 2023: 4, in 2022: 3

Total Sold Listings*

7 sold

Median Sold Price

$399,900

Avg Days on Market

51 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 7, in 2023: 17, in 2022: 10

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - City Core - All types

Sold vs Active vs New vs Relisted - City Core - All types

Sold Price Distribution - City Core - All types

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

Property Type Distribution - City Core - All types

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

Median Price - City Core - All types

Just listed - City Core

Patio, mountain view for 8 Harris St #108, Cambridge Ontario N1R 8R1

1 day on market

Up to4K Cashback

8 Harris St #108, Cambridge

Condo11570 sq ft

Listed by TrilliumWest Real Estate Brokerage

Unknown for 155 Water St #606, Cambridge Ontario N1R 3E3

Re-listed 1 day ago

$•••,•••

Up to2K Cashback

155 Water St #606, Cambridge

Condo110-499 sq ft

Listed by Coldwell Banker Neumann Real Estate

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 15 Glebe St #1709, Cambridge Ontario N1S 0C3

3 days on market

Up to6K Cashback

15 Glebe St #1709, Cambridge

Condo221035 sq ft

Listed by KINDRED HOMES REALTY INC., BROKERAGE

Unknown for 41 Wellington St #63, Cambridge Ontario N1R 3Y6

8 days on market

Up to5K Cashback

41 Wellington St #63, Cambridge

Townhouse23+11650 sq ft

Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

Unknown for 22 Cambridge St, Cambridge Ontario N1R 3R7

9 days on market

Up to4K Cashback

22 Cambridge St, Cambridge

Townhouse4+431500-2000 sq ft

Listed by Coldwell Banker Neumann Real Estate

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 50 Grand Ave #703, Cambridge Ontario N1S 0C2

Re-listed 12 days ago

$•••,•••

Up to2K Cashback

50 Grand Ave #703, Cambridge

Condo11600-699 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 9 Ramore St, Cambridge Ontario N1S 2P6

Re-listed 14 days ago

$•••,•••

Up to8K Cashback

9 Ramore St, Cambridge

Townhouse4+232500-3000 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 8 Harris St #422, Cambridge Ontario N1R 8R1

15 days on market

$•••,•••

Up to4K Cashback

8 Harris St #422, Cambridge

Condo22700-799 sq ft

Listed by RE/MAX PROFESSIONALS INC.

Home with brick exterior material, street for 91 Water St, Cambridge Ontario N1R 3E1

Re-listed 17 days ago

$•••,•••

Up to6K Cashback

91 Water St, Cambridge

Detached743000-3500 sq ft

Listed by REAL BROKER ONTARIO LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 15 Glebe St #710, Cambridge Ontario N1S 0C3

17 days on market

Up to3K Cashback

15 Glebe St #710, Cambridge

Condo22900-999 sq ft

Listed by CORCORAN HORIZON REALTY

Just sold - City Core

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 150 Water St #201, Cambridge Ontario N1R 0B5

Sold 21 hours ago

Sold for $380,000

$8K below asking

150 Water St #201, Cambridge

Condo11600-699 sq ft

Listed by HOUSESIGMA INC.

Home with brick exterior material, street for 33 Bruce St, Cambridge Ontario N1R 2E1

Sold 2 days ago

Sold for $530,000

$40K below asking

33 Bruce St, Cambridge

Detached42+11910 sq ft

Listed by TrilliumWest Real Estate Brokerage

Patio, street for 155 Water St #314, Cambridge Ontario N1R 3E3

Sold 3 days ago

Sold for $415,000

$5K below asking

155 Water St #314, Cambridge

Condo11705 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Patio, unknown for 26 Wentworth Ave #5S, Cambridge Ontario N1S 1G6

Sold 5 days ago

Sold for $450,000

$30K below asking

26 Wentworth Ave #5S, Cambridge

Condo22+11255.64 sq ft

Listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE

Blurry image for 150 Water St #705, Cambridge Ontario N1R 0B5

Sold 9 days ago

Sold for $397,000

150 Water St #705, Cambridge

Condo11640 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 47 Grosvenor Lane, Cambridge Ontario N1R 8N2

Sold 10 days ago

Sold for $730,000

$20K below asking

47 Grosvenor Lane, Cambridge

Condo432000-2249 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Open concept kitchen, ceramic/tile floor for 50 Grand Avenue S #906, Cambridge Ontario N1S 0C2

Sold 21 days ago

Sold for $415,000

$10K below asking

50 Grand Avenue S #906, Cambridge

Condo11617 sq ft

Listed by Flux Realty

Open concept kitchen, unknown for 50 Grand Ave #1710, Cambridge Ontario N1S 0C2

Sold 25 days ago

Sold for $545,000

$5K below asking

50 Grand Ave #1710, Cambridge

Condo22900-999 sq ft

Listed by PG DIRECT REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 50 Grand Ave #1614, Cambridge Ontario N1S 0C2

Sold 29 days ago

Sold for $815,000

50 Grand Ave #1614, Cambridge

Condo221000-1199 sq ft

Listed by CORCORAN HORIZON REALTY

Home with brick exterior material, street for 81 George St, Cambridge Ontario N1S 2N1

Sold 33 days ago

Sold for $632,000

$132K above asking

81 George St, Cambridge

Detached321100-1500 sq ft

Listed by RE/MAX ICON REALTY

Population and Demographics

Overview

Total population 2206

Average household income $101,078

Age (%)

20 to 34

25%

50 to 64

23%

65 and plus

22%

35 to 49

17%

0 to 19

13%

Household composition (%)

Single person

53%

Single family

41%

Multi person

6%

Multi family

0%

Mother tongue (%)

English

89%

Others

3%

Portuguese

2%

Spanish

2%

French

1%

Arabic

1%

House tenancy (%)

Renters

65%

Owners

35%

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance