Property prices for sale in Cambridge (Ontario)

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

$763,148.67
Average price last 6 months
$9,151.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cambridge has increased strongly during the last 6 months. In September, the average price per sq.feet was $422. In the following month the price per sq.feet increased considerably to $17,817. The price for the following two months in (November, December) had a considerable increment of 195 %. The price per sq.feet has had a considerable deflation of 4 % 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 $13,456.25 to $543 during January, and February.

Average price

Based upon to the price in Cambridge (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $594,678. During October the price went through a considerable rise reaching $741,819. During the following two months (November, December) the price has had an average incrementation from $668,248.5 to $761,508.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $855,134 they are 60 % more affordable than the average price for Cambridge. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $780,028.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $420 / sq.feet, with an average $554 / sq.feet price in Cambridge. The properties with the highest average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $566 / 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 $855,134 it is 34 % cheaper than the average price in Cambridge. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $619,284 it is 24 % 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 $396 / sq.feet followed by "Condo" priced at $506 / sq.feet. "House" is the most costly type of property with a $580 / sq.feet cost followed by "Condo" with an average price of $506 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Cambridge
Number of properties used in region Ontario
$855,134
$554
2,202
470,264
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value