Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in Cambridge
$1M – $1.5M

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Cambridge this band: $1.05M · 80 active · avg 15 days on market.

Median List Price

$1.05M

Active Listings

80

Avg Days on Market

15 days

YoY Change

-13.2%

6-Month Median Price Trend

Dec

$1.03M

Jan

$1.03M

Feb

$1.03M

Mar

$1.03M

Apr

$1.03M

May

$1.03M

What is the average condo price in Cambridge in 2026?

The benchmark price for a condo in Cambridge in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 80 active listings, moving in an average of 15 days on market. Prices are down 13.2% year-over-year.

Is Cambridge a buyer's or seller's market right now?

Cambridge is currently a balanced market for condos in this band. Inventory is turning over in 15 days with prices down 13.2% year-over-year. Neither side has decisive leverage right now.

Families helped in Cambridge

26+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Rolled three high-interest credit cards into the mortgage. Cash flow up $640/month. Done in 3 weeks.
Tom B., Refinance, Cambridge

What $1.05M gets you in Cambridge.

Condos in Cambridge priced $1m – $1.5m are tracking against a CREA MLS® HPI benchmark of $389K for the cambridge area. Within this band the median list comes in near $1050K — down 13.2% year-over-year. Active inventory is moving in roughly 15 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Galt, Cambridge

$1.04M

2 bed2 bath650 sqft
Preston, Cambridge

$1.04M

2 bed2 bath640 sqft
Hespeler, Cambridge

$1.04M

2 bed2 bath640 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in Cambridge.

Cambridge Condo FAQ

What is the median price for condos in Cambridge $1m – $1.5m?

As of 2026-05-01, the median list price for condos in Cambridge priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.

How many condos are currently for sale in Cambridge in this price range?

There are roughly 80 active condos for sale in Cambridge priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Cambridge?

Condos in Cambridge priced $1m – $1.5m are averaging 15 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.

Are Cambridge condo prices going up or down?

Year-over-year median condo prices in Cambridge (this band) are down 13.2%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Cambridge?

On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in Cambridge $1m – $1.5m.

80 active listings · median $1.05M. A licensed Cambridge advisor sends the live list within 1 business hour.

Condos in Cambridge $1M – $1.5M

Median $1.05M · 80 active

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Step 2 · Lock in financing

Get pre-approved for a $840K mortgage.

Based on $1.05M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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