Cambridge was Canada’s 2695th most expensive suburb by listed median house price this month.
When our research team crunched the numbers we calculated that Cambridge has a median home price of $211,900.
There are 218 neighbourhoods that have more properties on sale than Cambridge at the moment in Prince Edward Island which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cambridge will hopefully provide an indicator to help you where to research in-depth
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Cambridge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.