Is Cambridge Condominiums, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Cambridge Condominiums has remained a Seller's Market.
Key Takeaway
Cambridge Condominiums is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cambridge Condominiums, OH
How much do homes in Cambridge Condominiums, OH cost?
Median Sold Price
$105,000
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Cambridge Condominiums have sold for 20.6% more than they did a year ago.
Summary: The median home sold price in Cambridge Condominiums was $105,000 in June 2024, up 20.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87K | $83K | -4.7% |
| 3 Bedrooms | $90K | $115.9K | +28.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cambridge Condominiums housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 28.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cambridge Condominiums, OH
How many homes are available in Cambridge Condominiums, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Cambridge Condominiums real estate market had 6 homes for sale in June 2024, a 50.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cambridge Condominiums housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cambridge Condominiums, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Cambridge Condominiums in June 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cambridge Condominiums, OH
How long does it take to sell a home in Cambridge Condominiums, OH?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 21 Days | 4 Days | -81.0% |
Summary: Homes in Cambridge Condominiums had an average of 4 days on market in Jun 2024, down by 81% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cambridge Condominiums are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 3 homes were sold in Cambridge Condominiums; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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