Property prices for sale in Cambridge (Ontario)
The prices in real estate in Cambridge, in the Ontario region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cambridge has remained the same in the last 6 months. In March, the average price per sq.feet was $560. In April this price pretty much remained the same at a value of $557 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $558.5 to $532 per sq.feet. The price per sq.feet has increased 110 % 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 $545.25 to $601.5 during July, and August.
Based upon to the price in Cambridge (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $835,560. In April This price remains at $840,700. During the following two months (May, June) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $906,673 and $868,882.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $822,320 they are 59 % more affordable than the average price for Cambridge. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $779,247.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $419 / sq.feet, with an average $626 / sq.feet price in Cambridge. The properties with the lowest average prices have 2 bedrooms. They are 7 % cheaper than the average followed by properties with 3 bedrooms with a price at $565 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $822,320 it is 31 % cheaper than the average price in Cambridge. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $618,664 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $395 / sq.feet followed by "House" priced at $505 / sq.feet. "Apartment" is the cheapest type of property with a $579 / sq.feet value followed by "House" with an average price of $505 / sq.feet.
