What’S The Average House Price In Cambridge Ontario?

Updated: Aug 2016

House
Median price $359,900
Monthly growth 235.10 %
Quarterly trend
Stock on market 4.67%

Are house prices going up in Cambridge?

The average property price in Cambridge postcode area is £450k, the median price is £372k. The average price increased by £24.4k (6%) over the last twelve months. The price of an established property is £450k. The price of a newly built property is £449k.

What is the average price of a house in Kitchener now?

Highest Turnover

City Average Price Median Price
#1 Waterloo $574K $359K
#2 Cambridge $524K $475K
#3 Kitchener $518K $410K
#4 North Dumfries $415K $415K

Are houses in Cambridge expensive?

Properties in Cambridge had an overall average price of £538,726 over the last year.

What is the average house price in Ontario?

Canadian Provinces Average House Prices April 2020

Province Average House Price 12 Month Change
Ontario $594,000 – 3.2 %
Alberta $353,000 – 7.5 %
Quebec $340,000 + 7.6 %
Manitoba $295,000 – 1.4 %

Is Cambridge a good place to buy a house?

Cambridge has been called one of the best cities to buy a house in the UK right now.

Is now a good time to buy a house in Cambridge?

However, the demand for high quality and well-positioned property will remain strong in the coming months, even if the pace of growth slows over the rest of the year. As we enter 2022, it’s clear that the market will continue to be as successful as 2021, and it remains a good time to sell your Cambridge home.

Where in Ontario houses are cheap?

The Top 10 Cheapest Places to Live in Ontario

  • Sudbury.
  • Sarnia.
  • Windsor.
  • Thunder Bay.
  • Rainy River.
  • Deep River.
  • Peterborough.
  • Barrie.

What is the average house price in Waterloo?

Highest Turnover

City Average Price Median Price
#1 Waterloo $574K $359K
#2 Cambridge $524K $475K
#3 Kitchener $518K $410K
#4 North Dumfries $415K $415K

Will house prices drop in 2022 in Ontario?

Ontario Housing Market as of September 2022. The average home price in Ontario is in a downtrend as Ontario’s housing market grapples with rising interest rates and slowing demand. For September 2022, the average Ontario home price was $836,300, down 5.7% year-over-year but up 0.8% compared to last month.

Where do rich people live in Cambridge?

Streets such as Barrow Road, Bentley Road, Newton Road, Latham Road and Chaucer Road are amongst the most exclusive addresses in Cambridge.

Is Cambridge affordable to live?

New research has revealed that Cambridge is one of the least affordable places for people on minimum wage to live.

Is it expensive to live in Cambridge Ontario?

The average cost of living in Cambridge is $2,818/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

Which city in Ontario has the highest house prices?

Toronto is one of the most expensive places to live in Canada and also the most populated. Like Vancouver, Toronto ranks high among the most expensive cities to live in the world. It costs an average of $1.2M to buy a house in Toronto.

What is the cheapest city to live in Ontario?

With a population of roughly 233,000 people, Windsor offers the most affordable rent in Ontario, according to Rentals.ca.

Where is the best place to live in Ontario?

Best Places To Live In Ontario 2022

  1. Toronto. If you’re looking for a global cosmopolitan metropolis, you’ll probably consider Toronto the best city to live in Ontario.
  2. Ottawa.
  3. Waterloo.
  4. Oakville.
  5. Burlington.
  6. Thunder Bay.
  7. Windsor.
  8. Kingston.

What is the cost of living in Cambridge?

Summary about cost of living in Cambridge, MA, United States: Family of four estimated monthly costs are 4,390$ without rent. A single person estimated monthly costs are 1,202$ without rent. Cambridge is 11.73% less expensive than New York (without rent).

Is Cambridge a rich area?

Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences.

How much does it cost to live in Cambridge for a month?

Cost of living in Cambridge, United Kingdom is $2,306 and it seems affordable according to the average monthly salary which is $2,476. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

Will house prices go down in 2023?

House prices are expected to fall across the board as mortgage rates skyrocketed this summer, but not all properties will feel the crunch in the same way, says Hina Bhudia.

Is Cambridge a nice place to live?

Cambridge is an excellent place to live, it has plenty to offer children, couples and the elderly looking to retire. There’s an abundance of outdoor space, which is great for cyclists and those who love the outdoors. It also benefits from great transport links to most places in the UK with very low levels of crime.