01/03/2023
Happy New Year to all of you,
To keep you apprised of the market trends specifically in Cambridge this past year, I offer you these results from the Waterloo Region of Realtors. In January 2022 the median sales price was $867,893. which peaked in February 2022 at $955,000. Comparing December 2021 at $825,000. to December 2022 at $678,000. the median sales price was down 17.8% or $147,000.00. In the same time frame Cambridge sales were down 35% and from the peak in February 2022 @ 130.9% of the median % of the last original list price, it fell to 98.4%
It is clear to see the market is making substantial moves, so to be informed so you can make wise real estate decisions, I invite you to contact me Gord Ridsdale, Broker of Record of Gord Ridsdale Realty Ltd, Brokerage at 519-622-2130 or [email protected] to discuss your needs.