Hey everyone, welcome to the 3rd Quarter Report for the area.

 Brief Summary:

• Markets under $600,000 continue to be hot with near to 3/4 of all homes selling in that price range – many with multiple offers. 
• $600,000 – $800,000 remains tight for Sellers and is considered a balanced market. 
• $800,000 – $1,000,000 continues to be a tough sell with slow traffic unless it’s something special…heading towards a Buyer’s market
• $1,000,000+ is where it should be, a Buyer’s market. 
• The biggest surprise or point of interest in the data is how much growth Cambridge has seen in its median sale price – now on par with many areas in Guelph, Kitchener, and Waterloo. 

If you or someone you know have any questions about real estate,
we would love to hear from you!
Until then, enjoy the data.