Langs FarmHousing market

Langs Farm

Langs Farm Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

12

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*

11 active

New

12(+33.33% YoY)

Relisted

2(+100.00% YoY)

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

Total Sold Listings*

7 sold

Median Sold Price

$705,000

Avg Days on Market

12 days

Median Bidding

$27,100

Compared to number of sold, same period, in 2024: 6, in 2023: 4, in 2022: 13

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Langs Farm - All types

Sold vs Active vs New vs Relisted - Langs Farm - All types

Sold Price Distribution - Langs Farm - All types

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

Property Type Distribution - Langs Farm - All types

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

Median Price - Langs Farm - All types

Just listed - Langs Farm

Home with brick exterior material, street for 92 Livingstone Cres, Cambridge Ontario N3H 5S8

Re-listed 9 days ago

$•••,•••

Up to8K Cashback

92 Livingstone Cres, Cambridge

Detached32+12030.31 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 1177 Langs Circ, Cambridge Ontario N3H 5E6

20 days on market

Up to4K Cashback

1177 Langs Circ, Cambridge

Detached331100-1500 sq ft

Listed by THE AGENCY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 842 Shannon Dr, Cambridge Ontario N3H 4Y7

32 days on market

$•••,•••

Up to4K Cashback

842 Shannon Dr, Cambridge

Detached321500-2000 sq ft

Listed by Century 21 Heritage House Ltd Brokerage

Home with brick exterior material, street for 2205 Coronation Blvd, Cambridge Ontario N3H 3S1

85 days on market

Up to6K Cashback

2205 Coronation Blvd, Cambridge

Detached4+452500-3000 sq ft

Listed by RIGHT AT HOME REALTY

Just sold - Langs Farm

Home with brick exterior material, street for 1018 Mary Ave, Cambridge Ontario N3H 4N5

Sold 4 days ago

Sold for $715,000

$15K above asking

1018 Mary Ave, Cambridge

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE MACRO REALTY

Home with vinyl exterior material, street for 1704 Holley Cres, Cambridge Ontario N3H 2S5

Sold 8 days ago

Sold for $800,100

$40K below asking

1704 Holley Cres, Cambridge

Detached421500-2000 sq ft

Listed by HOMELIFE SILVERCITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 485 Old Newbury Lane, Cambridge Ontario N3H 5P5

Sold 9 days ago

Sold for $771,000

$71K above asking

485 Old Newbury Lane, Cambridge

Detached331100-1500 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, street for 219 Highland Park, Cambridge Ontario N3H 3H7

Sold 15 days ago

Sold for $1,150,250

$200K above asking

219 Highland Park, Cambridge

Detached3+142000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 1119 Mary Ave, Cambridge Ontario N3H 4N6

Sold 21 days ago

Sold for $748,500

$50K above asking

1119 Mary Ave, Cambridge

Detached421500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, street for 1183 Michael Cres, Cambridge Ontario N3H 2R1

Sold 21 days ago

Sold for $705,000

$5K above asking

1183 Michael Cres, Cambridge

Detached42+11652 sq ft

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

Home with brick exterior material, street for 968 Langs Circ, Cambridge Ontario N3H 5E6

Sold 24 days ago

Sold for $715,000

$15K above asking

968 Langs Circ, Cambridge

Detached3+12- sq ft

Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY

Unknown for 575 Pine St, Cambridge Ontario N3H 2S7

Sold 25 days ago

Sold for $575,000

$25K above asking

575 Pine St, Cambridge

Detached32700-1100 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 545 Dunbar Rd, Cambridge Ontario N3H 2T3

Sold 35 days ago

Sold for $685,000

$35K above asking

545 Dunbar Rd, Cambridge

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Home with brick exterior material, street for 557 Old Newbury Lane, Cambridge Ontario N2H 5M4

Sold 37 days ago

Sold for $752,000

$23K below asking

557 Old Newbury Lane, Cambridge

Detached331100-1500 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Population and Demographics

Overview

Total population 6610

Average household income $110,902

Age (%)

65 and plus

22%

0 to 19

20%

35 to 49

20%

50 to 64

19%

20 to 34

19%

Household composition (%)

Single family

66%

Single person

29%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

85%

Others

4%

Portuguese

3%

Punjabi (Panjabi)

2%

French

1%

Urdu

1%

Spanish

1%

House tenancy (%)

Owners

70%

Renters

30%

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

2/5

Some cafés within walking distance

Groceries

3/5

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