Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2025 · Cambridge
Cambridge Sold Home Prices for May 2025
111 residential properties closed in Cambridge in May 2025. Average sold price of $761,487. 53.2% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $761,487
Median Price $735,000
Sale / List 101.0%
Over Asking 38.7%
Avg DOM 84 days
Total Sold
111
all residential
Avg Sold Price
$761,487
all types
Median Price
$735,000
mid-point
Sale / List
101.0%
avg ratio
Over Asking
38.7%
of all sales
Avg DOM
84
days on market
Prices by Property Type
Cambridge · May 2025
💰 Price Summary
Average Sold $761,487
Median Sold $735,000
Avg List Price $753,729
Lowest Sale $345,000
Highest Sale $1,695,000
Sale / List Ratio 101.0%
📊 Competition
Sold over asking 38.7%
Sold at asking 8.1%
Sold under asking 53.2%
Avg Days on Market 84 days
Fast · 050Slow · 100+
🧊 Buyers market — 53.2% sold below asking. Avg 84 days on market.
💰 Price Summary
Average Sold $623,061
Median Sold $635,000
Avg List Price $637,582
Lowest Sale $345,000
Highest Sale $1,120,000
Sale / List Ratio 97.7%
📊 Competition
Sold over asking 8.7%
Sold at asking 26.1%
Sold under asking 65.2%
Avg Days on Market 103 days
Fast · 050Slow · 100+
🧊 Buyers market — 65.2% sold below asking. Avg 103 days on market.
💰 Price Summary
Average Sold $812,047
Median Sold $780,000
Avg List Price $794,584
Lowest Sale $505,000
Highest Sale $1,695,000
Sale / List Ratio 102.2%
📊 Competition
Sold over asking 50.0%
Sold at asking 2.7%
Sold under asking 47.3%
Avg Days on Market 78 days
Fast · 050Slow · 100+
🔥 Sellers market — 50% sold above asking at a 102.2% sale-to-list ratio.
💰 Price Summary
Average Sold $659,579
Median Sold $642,400
Avg List Price $665,971
Lowest Sale $470,000
Highest Sale $1,120,000
Sale / List Ratio 99.0%
📊 Competition
Sold over asking 21.4%
Sold at asking 25.0%
Sold under asking 53.6%
Avg Days on Market 99 days
Fast · 050Slow · 100+
🧊 Buyers market — 53.6% sold below asking. Avg 99 days on market.
💰 Price Summary
Average Sold $826,338
Median Sold $647,500
Avg List Price $870,700
Lowest Sale $560,000
Highest Sale $1,450,350
Sale / List Ratio 94.9%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 84 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 84 days on market.
Nearby Cities · May 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Kitchener | $724,084 | $700,000 | 102.4% | 68d | 🔥 Sellers |
| Waterloo | $795,315 | $723,750 | 101.2% | 86d | ⚖️ Balanced |
| Guelph | $752,555 | $747,500 | 99.6% | 84d | 🧊 Buyers |
| Hamilton | $810,338 | $740,000 | 97.8% | 88d | 🧊 Buyers |
| North Dumfries | $986,665 | $787,500 | 101.0% | 101d | 🔥 Sellers |
Frequently Asked Questions
Cambridge · May 2025
The average sold price across all residential types in Cambridge was $761,487 in May 2025,
based on 111 closed transactions. The median was
$735,000.
Condos averaged $623,061, freehold averaged $812,047, and townhouses averaged $659,579.
The average Cambridge home took 84 days to sell in May 2025.
Freehold properties averaged 78 days while condos averaged 103 days.
In May 2025, condos averaged $623,061 while freehold homes averaged $812,047 —
a gap of $188,986.
Cambridge averaged $761,487 in May 2025. Waterloo averaged $795,315. Guelph averaged $752,555. See the full May 2025 Ontario summary →
Looking to buy or sell in Cambridge?
Work with a Roofup agent and get cashback on your purchase. No hidden fees.
Data note: Based on MLS® resale transaction data held in our system for Cambridge, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
