Question 1

What is the median sold price in Cambridge Park?

Accepted Answer

The median sold price in Cambridge Park is $1,360,000 based on 9 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Cambridge Park?

Accepted Answer

The average sold price in Cambridge Park is $1,340,833. Note that the average ($1,340,833) is lower than the median ($1,360,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Cambridge Park?

Accepted Answer

Home prices in Cambridge Park range from $470,000 to $1,700,000 based on recent sales data. This $1,230,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cambridge Park selling above or below asking price?

Accepted Answer

On average, homes in Cambridge Park are selling at 97.3% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Cambridge Park?

Accepted Answer

Homes in Cambridge Park are selling in an average of 77 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Cambridge Park?

Accepted Answer

The average price per square foot in Cambridge Park is $381. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $762,000.

Question 7

How active is the real estate market in Cambridge Park?

Accepted Answer

The Cambridge Park market has seen 9 home sales over the past 2 years, with 11 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Cambridge Park?

Accepted Answer

There have been 2 new listings in Cambridge Park during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Cambridge Park?

Accepted Answer

The most common property types selling in Cambridge Park are: detached single family (8 sold, avg $1,449,688), vacant lot (1 sold, avg $470,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Cambridge Park?

Accepted Answer

Detached homes in Cambridge Park are selling for an average of $1,449,688, with 8 sales over the past 2 years.

Question 11

Are home prices rising or falling in Cambridge Park?

Accepted Answer

Home prices in Cambridge Park have decreased by 2.2% over the past 2 years. The average sold price moved from $1,350,000 to $1,320,000. The relatively stable prices suggest a balanced market.

Question 12

Is Cambridge Park a buyer's or seller's market?

Accepted Answer

Based on current data, Cambridge Park is a buyer's market. Homes are selling in 77 days on average and at 97.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Cambridge Park?

Accepted Answer

In Cambridge Park, 0% of homes sold above asking price, while 89% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Cambridge Park?

Accepted Answer

The average annual property tax in Cambridge Park is $3,138, with a median of $4,607. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Cambridge Park?

Accepted Answer

Homes selling in Cambridge Park range from 3,130 to 4,563 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Cambridge Park?

Accepted Answer

Cambridge Park shows relatively consistent pricing with a standard deviation of $336,848 around the average price of $1,340,833. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

How do I find out how much a house sold for in Cambridge Park?

Accepted Answer

Simply search our Cambridge Park sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 18

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Cambridge Park will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 19

Do you show all MLS® sold listings for Cambridge Park?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Cambridge Park. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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