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

Condos for Sale in Cambridge
Over $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: $1.57M · 73 active · avg 35 days on market.

Median List Price

$1.57M

Active Listings

73

Avg Days on Market

35 days

YoY Change

-13.2%

6-Month Median Price Trend

Dec

$1.59M

Jan

$1.59M

Feb

$1.59M

Mar

$1.59M

Apr

$1.59M

May

$1.59M

What is the average condo price in Cambridge in 2026?

The benchmark price for a condo in Cambridge in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 73 active listings, moving in an average of 35 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 35 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 $1.57M gets you in Cambridge.

Condos in Cambridge priced over $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 $1575K — down 13.2% year-over-year. Active inventory is moving in roughly 35 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Galt, Cambridge

$1.57M

2 bed2 bath770 sqft
Preston, Cambridge

$1.57M

2 bed2 bath780 sqft
Hespeler, Cambridge

$1.57M

2 bed2 bath770 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 over $1.5m?

As of 2026-05-01, the median list price for condos in Cambridge priced over $1.5m sits at approximately $1.57M based on active MLS inventory.

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

There are roughly 73 active condos for sale in Cambridge priced over $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 over $1.5m are averaging 35 days on market. That gives buyers time to compare options and negotiate condition removal periods.

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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. 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 over $1.5m.

73 active listings · median $1.57M. A licensed Cambridge advisor sends the live list within 1 business hour.

Condos in Cambridge Over $1.5M

Median $1.57M · 73 active

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Step 2 · Lock in financing

Get pre-approved for a $1.26M mortgage.

Based on $1.57M 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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