Downtown HespelerHousing market

Downtown Hespeler

Downtown Hespeler 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.

7

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*

5 active

New

4(+33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 3, in 2023: 0, in 2022: 0

Total Sold Listings*

1 sold

Median Sold Price

$712,000

Avg Days on Market

7 days

Median Bidding

$112,001

Compared to number of sold, same period, in 2024: 1, in 2023: 3, in 2022: 1

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Downtown Hespeler - All types

Sold vs Active vs New vs Relisted - Downtown Hespeler - All types

Sold Price Distribution - Downtown Hespeler - All types

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

Property Type Distribution - Downtown Hespeler - All types

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

Median Price - Downtown Hespeler - All types

Just listed - Downtown Hespeler

Blurry image for 19 Guelph Ave #207, Cambridge Ontario N3C 1A2

Re-listed 1 day ago

$•••,•••

Up to3K Cashback

19 Guelph Ave #207, Cambridge

Condo11600-699 sq ft

Listed by ENGEL & VOLKERS WATERLOO REGION

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 19 Guelph Ave #204, Cambridge Ontario N3C 1A2

10 days on market

$•••,•••

Up to4K Cashback

19 Guelph Ave #204, Cambridge

Condo11620 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Unknown for 1760 Franklin Blvd, Cambridge Ontario N3C 1N8

21 days on market

Up to3K Cashback

1760 Franklin Blvd, Cambridge

Detached21- sq ft

Listed by Trilliumwest Real Estate Brokerage Ltd

Unknown for 42 Tannery St #241, Cambridge Ontario N3C 2B9

28 days on market

Up to2K Cashback

42 Tannery St #241, Cambridge

Condo221000-1199 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, city buildings view from balcony for 19 Guelph Ave #404, Cambridge Ontario N3C 1A2

Sold cond. - Escape clause

Up to4K Cashback

19 Guelph Ave #404, Cambridge

Condo221000-1199 sq ft

Listed by Red And White Realty Inc

A pic from exterior of the house or condo, cottage for 16 Hungerford Rd, Cambridge Ontario N3C 2P5

Re-listed 219 days ago

$•••,•••

Up to6K Cashback

16 Hungerford Rd, Cambridge

Detached321156 sq ft

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

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 12 Tannery St, Cambridge Ontario N3C 2B9

Sold conditionally

Up to25K Cashback

12 Tannery St, Cambridge

Detached--- sq ft

Listed by CBRE LIMITED

Just sold - Downtown Hespeler

Home with brick exterior material, street for 41 Tannery St, Cambridge Ontario N3C 1H2

Sold 45 days ago

Sold for $712,000

$112K above asking

41 Tannery St, Cambridge

Detached2+122133 sq ft

Listed by EXP REALTY

Unknown for 125 Rife Ave, Cambridge Ontario N3C 2H1

Sold 56 days ago

Sold for $651,000

$51K above asking

125 Rife Ave, Cambridge

Detached32700-1100 sq ft

Listed by RE/MAX Solid Gold Realty (II) Ltd

A pic from exterior of the house or condo, the street view for 10 Cooper St #206, Cambridge Ontario N3C 2N2

Sold 86 days ago

Sold for $391,000

$8K below asking

10 Cooper St #206, Cambridge

Condo221000-1199 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 40 Tannery St #266, Cambridge Ontario N3C 2B9

Sold 102 days ago

Sold for $395,000

40 Tannery St #266, Cambridge

Townhouse22+11050 sq ft

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

Unknown for 101 Adam St, Cambridge Ontario N3C 2K7

Sold 117 days ago

Sold for $685,000

$85K above asking

101 Adam St, Cambridge

Detached321885 sq ft

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

A pic from exterior of the house or condo, the front or back of building for 18 Queen St, Cambridge Ontario N3C 1G1

Sold 129 days ago

Sold for $3,000,000

$100K above asking

18 Queen St, Cambridge

Condo--10000 sq ft

Listed by Re/Max Icon Realty

A pic from exterior of the house or condo, lake for 19 GUELPH Ave #308, Cambridge Ontario N3C 1A2

Sold 130 days ago

Sold for $1,200,000

$89K below asking

19 GUELPH Ave #308, Cambridge

Condo221400-1599 sq ft

Listed by Eve Claxton Realty Inc

Frontside or backside of a home, the street view for 52 Adam St, Cambridge Ontario N3C 2K3

Sold 142 days ago

Sold for $1,059,000

$40K below asking

52 Adam St, Cambridge

Detached44+12872 sq ft

Listed by eXp Realty, Brokerage

trreb/IMG-X9373939_1.jpg

Sold 203 days ago

Sold for $840,000

$90K above asking

34 Kribs St, Cambridge

Detached422500-3000 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

itso/IMG-40650921_1.jpg

Sold 204 days ago

Sold for $865,000

$65K above asking

103 Courtney St, Cambridge

Detached322023 sq ft

Listed by R.W. Dyer Realty Inc., Brokerage

Population and Demographics

Overview

Total population 944

Average household income $119,351

Age (%)

0 to 19

22%

20 to 34

21%

50 to 64

21%

35 to 49

20%

65 and plus

16%

Household composition (%)

Single family

64%

Single person

32%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

92%

Others

4%

French

1%

Portuguese

1%

House tenancy (%)

Owners

61%

Renters

39%

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance