Property prices for sale in Cambridge (Ontario)

The prices in real estate in Cambridge, in the Ontario region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$863,078
Average price last 6 months
$3,419.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cambridge has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $17,802. In the following month the price per sq.feet decreased considerably to $532. The price for the following two months in (February, March) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 11 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $4,862 to $533.5 during April, and May.

Average price

Based upon to the price in Cambridge (cities), this has gone up in the last 6 months. The price in December is $791,178, rising in January till $864,244. In the following two months the average price has remained the same with regard to the previous two months from $827,711 to $845,347. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $991,652 they are 48 % more affordable than the average price for Cambridge. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $725,335.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $463 / sq.feet, with an average $510 / sq.feet price in Cambridge. The properties with the highest average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 4 bedrooms with a price at $589 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $991,652 it is 43 % cheaper than the average price in Cambridge. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $693,558 it is 482 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $393 / sq.feet followed by "Apartment" priced at $476 / sq.feet. "Condo" is the most costly type of property with a $579,017 / sq.feet cost followed by "House" with an average price of $481 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Cambridge
Number of properties used in region Ontario
$991,652
$510
1,062
180,970
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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