Canada’s national median home listing price this month is $290,900, which means that Cambridge is in the top 20% for Canada.
The $359,900 price tag on the median Cambridge home means that it is quite highly priced by Canadian standards.
If you’re looking at investment properties in Cambridge, then you’re most likely to find homes with 3 bedrooms on sale this month.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cambridge has a huge choice compared to the rest of the province
When we look at the data we have, it can help with trying to establish whether or not Cambridge is a good investment target.
In Cambridge, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.