Updated November 10, 2026 · Team Platinum, Royal LePage Platinum Realty
Cambridge is going into winter 2026 as one of the most affordable places to buy new in Waterloo Region and a resale market where buyers have the upper hand. Sales are down sharply from last year and benchmark prices have slipped. Builders are responding with lighter deposits, $0 development charges and some price cuts, and new towns still start well below Waterloo and Milton.
Cambridge Resale Market: The Numbers
The latest full month of board data is September 2026. October figures come out in early November. In September, Cambridge recorded about 86 sales, down roughly 36% year over year, and the typical sold price fell almost 5% to about $693,000. The Cambridge MLS® HPI benchmark was $662,700, down 4.1% from a year earlier and 0.6% from August. Waterloo Region overall averaged $703,800 (down 6.6%) with 3.8 months of supply, which is balanced.
Early data for the four weeks from October 8 to November 8 shows about 373 active listings in Cambridge, up about 7%. Homes are taking roughly 43 days to sell on average, and the average sale price was about $737,000. That window is partial, so treat those figures as preliminary.
| Home type (Waterloo Region, Sept 2026) | Avg. sold price | Change YoY | Months of supply |
|---|---|---|---|
| Detached | $813,539 | −5.3% | 3.2 |
| Semi-detached | $625,453 | +0.7% | 2.3 |
| Townhouse | $524,933 | −13.5% | 4.4 |
| Condo apartment | $394,439 | −10.8% | 6.9 |
Cambridge Pre-Construction Pricing Right Now
Prices come from our project catalogue as of November 10, 2026. Several price lists are a few months old, so ask for the current one.
- Creekside Trail Towns by Will-o Homes, Branchton Road: the lowest entry point in the city. One-bedroom plans of about 705 to 710 sq ft are listed at $377,184, and three-bedroom plans of about 1,622 to 1,632 sq ft at $551,327. The deposit is a flat $20,000 on signing. Listed incentives include free appliances, $0 development charges and free parking. These prices come from the June 2026 price list.
- Marquis Series at Hazel Glenn Towns by Treasure Hill Homes, 401 Dundas Street South: 177 freehold-style (POTL) two- and three-storey towns of 1,206 to 2,012 sq ft, priced from $619,381 to $774,247. Occupancy is scheduled for 2026. The deposit is $50,000 spread over 150 days. Our records show the average price per square foot fell about 8.7% in May 2026, from $516 to $471.
- Modal at Main Towns by Reids Heritage Homes, 345 Franklin Boulevard: condominium bungalow, stacked and rear-lane towns of 780 to 1,445 sq ft, from $534,900 to $699,900, with 2026 occupancy. The deposit is 10% over 210 days. Maintenance is about $0.21 per sq ft per month; incentives include a $0 assignment fee.
- Westwood Village by Cachet Homes, 273 Bismark Drive: a completed community of 94 freehold three-storey rear-lane towns on 19 ft lots. The remaining 1,985 sq ft plan is listed at $699,990 with $50,000 on signing, free A/C and $0 development charges. It's built, so there's no multi-year wait.
- Zen Towns by JD Development Group, 258 Hespeler Road: 49 towns of 1,644 to 1,975 sq ft with roof terraces, from $827,900 to $859,900. That is down from launch pricing of $899,900 to $959,900. The deposit is light, at $10,000 on signing plus 5% on occupancy, and development charges are capped at $8,500.
What's Launching Next in Cambridge
New to our tracker since October, with pricing not yet released: The Gaslight District Condos by HIP Developments at 64 Grand Avenue South is planned as two condo buildings in the Galt core. Westwood Village Preserve by Huron Creek Developments, near Newman Drive, will release townhomes and detached homes. Moffat Creek by Ridgeview Homes on Green Gate Boulevard is a detached community. Carey Homes' The Vineyards (147 Elgin Street North) and Starward Homes' The Ridge at River Mill are listed as selling, but we don't yet have published pricing for them. LJM Riverview on Water Street South is on hold, a reminder that condo proposals often stall.
The Honest Trade-Offs
A Creekside Trail three-bedroom at about $551,000 is in line with the regional resale townhouse average of about $525,000. The difference is that you get a brand-new home with a $20,000 deposit, but you wait for it to be built. Marquis and Zen Towns have both cut prices since launch. That helps today's buyers, but it also shows that new-construction prices in Cambridge can drop after you sign. Most of these sites are car-dependent: Westwood Village has a Walk Score of 17 and Creekside Trail a Walk Score of 29. Modal at Main and Hazel Glenn are more walkable, with Walk Scores in the low to mid 50s. With resale townhouses down 13.5% in a year and supply rising, a resale town is a serious alternative for anyone who needs to move within 90 days.
Frequently Asked Questions
What is the average home price in Cambridge in November 2026?
The latest full month of board data is September 2026. Cambridge's typical sold price was about $693,000, down almost 5% year over year, and the Cambridge MLS® HPI benchmark was $662,700, down 4.1%. Across Waterloo Region, detached homes averaged about $814,000 and townhouses about $525,000.
How much do pre-construction homes cost in Cambridge in 2026?
Cambridge has some of the lowest new-construction prices in our coverage area. Creekside Trail Towns lists one-bedrooms at about $377,000 and three-bedrooms at about $551,000. Hazel Glenn's Marquis Series towns run from about $619,000 to $774,000, and Modal at Main from about $535,000 to $700,000. Larger towns at Zen Towns on Hespeler Road are around $828,000 to $860,000.
Is Cambridge a buyer's or seller's market right now?
Cambridge is balanced and leaning toward buyers. Sales are down about a third from last year, benchmark prices are down about 4%, and active listings are rising. Townhouses and condos have the most supply and the largest price declines, so buyers have the most room to negotiate there.
What deposit do I need for a new construction home in Cambridge?
Most Cambridge low-rise deposits are fixed dollar amounts rather than the 10–15% common in Peel. Creekside Trail asks for $20,000 on signing, and Marquis Series and Westwood Village ask for $50,000 each. Zen Towns asks for $10,000 plus 5% on occupancy. Modal at Main is the exception, at 10% over 210 days.
Get Cambridge Floor Plans, Pricing and Availability
Comparing a Creekside Trail or Hazel Glenn town with resale, or with Kitchener and Waterloo? We'll send current price lists, deposit structures and incentives, and run the pre-construction and resale numbers side by side. Register here for floor plans, pricing and availability and a Team Platinum agent will follow up the same day.
Team Platinum · Royal LePage Platinum Realty, Brokerage. Market data: WOWA Kitchener-Waterloo-Cambridge update (October 7, 2026, citing WRAR/CREA September 2026 data), GoWylde Guelph, KW & Cambridge update (October 24, 2026), and Peak Realty's ITSO-based Cambridge report (October 8 to November 8, 2026). Project pricing comes from our pre-construction catalogue as of November 10, 2026. Prices, incentives and availability change without notice. Past price changes do not predict future values. Not intended to solicit buyers or sellers currently under contract.
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