Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
May 2026 · Cambridge
Cambridge Sold Home Prices for May 2026
118 residential properties closed in Cambridge in May 2026. Average sold price of $687,114. 56.8% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $687,114
Median Price $655,500
Sale / List 100.8%
Over Asking 37.3%
Avg DOM 24 days
Previous Months
Total Sold
118
all residential
Avg Sold Price
$687,114
all types
Median Price
$655,500
mid-point
Sale / List
100.8%
avg ratio
Over Asking
37.3%
of all sales
Avg DOM
24
days on market
Prices by Property Type
Cambridge · May 2026
💰 Price Summary
Average Sold $687,114
Median Sold $655,500
Avg List Price $681,480
Lowest Sale $270,000
Highest Sale $1,320,000
Sale / List Ratio 100.8%
📊 Competition
Sold over asking 37.3%
Sold at asking 5.9%
Sold under asking 56.8%
Avg Days on Market 24 days
Fast · 050Slow · 100+
🧊 Buyers market — 56.8% sold below asking. Avg 24 days on market.
💰 Price Summary
Average Sold $451,912
Median Sold $422,000
Avg List Price $461,246
Lowest Sale $270,000
Highest Sale $758,000
Sale / List Ratio 98.0%
📊 Competition
Sold over asking 11.8%
Sold at asking 5.9%
Sold under asking 82.4%
Avg Days on Market 38 days
Fast · 050Slow · 100+
🧊 Buyers market — 82.4% sold below asking. Avg 38 days on market.
💰 Price Summary
Average Sold $740,456
Median Sold $720,000
Avg List Price $734,926
Lowest Sale $480,000
Highest Sale $1,320,000
Sale / List Ratio 100.8%
📊 Competition
Sold over asking 41.4%
Sold at asking 6.9%
Sold under asking 51.7%
Avg Days on Market 20 days
Fast · 050Slow · 100+
🧊 Buyers market — 51.7% sold below asking. Avg 20 days on market.
💰 Price Summary
Average Sold $546,950
Median Sold $597,500
Avg List Price $534,912
Lowest Sale $270,000
Highest Sale $758,000
Sale / List Ratio 102.3%
📊 Competition
Sold over asking 29.2%
Sold at asking 4.2%
Sold under asking 66.7%
Avg Days on Market 32 days
Fast · 050Slow · 100+
🧊 Buyers market — 66.7% sold below asking. Avg 32 days on market.
💰 Price Summary
Average Sold $737,500
Median Sold $737,500
Avg List Price $750,000
Lowest Sale $737,500
Highest Sale $737,500
Sale / List Ratio 98.3%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 7 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 7 days on market.
Nearby Cities · May 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| Kitchener | $723,790 | $685,000 | 100.9% | 25d | 🧊 Buyers |
| Waterloo | $752,727 | $695,000 | 100.7% | 27d | 🧊 Buyers |
| Guelph | $796,342 | $740,000 | 98.0% | 30d | 🧊 Buyers |
| Hamilton | $762,566 | $701,250 | 97.4% | 32d | 🧊 Buyers |
| North Dumfries | $1,081,250 | $775,000 | 97.7% | 29d | 🧊 Buyers |
Frequently Asked Questions
Cambridge · May 2026
The average sold price across all residential types in Cambridge was $687,114 in May 2026,
based on 118 closed transactions. The median was
$655,500.
Condos averaged $451,912, freehold averaged $740,456, and townhouses averaged $546,950.
The average Cambridge home took 24 days to sell in May 2026.
Freehold properties averaged 20 days while condos averaged 38 days.
In May 2026, condos averaged $451,912 while freehold homes averaged $740,456 —
a gap of $288,544.
Cambridge averaged $687,114 in May 2026. Kitchener averaged $723,790. See the full May 2026 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.
