HonestDoor

    Southwood, Cambridge - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Cambridge, Southwood

    Southwood, Cambridge: Your Neighbour Just Got a Reality Check on Their Home Value

    If you own a home in Southwood and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's actually happening on the street right now. Here's the real picture.

    The Vibe: Houses vs. Condos in Southwood

    Let's split this into two conversations, because houses and condos are telling very different stories in our neighbourhood right now.

    Houses

    The average HonestDoor Price for a house in Southwood sits at $753,055 - up a modest 0.50% from the previous period. That's not a fireworks moment, but it's movement in the right direction. The predicted market value is currently $749,318, which is sitting just below the 3-month moving average of $751,946. In plain terms, values have dipped slightly - down 0.47% recently - and the trend line is pointing a little south for now.

    On the neighbourhood leaderboard, Southwood houses rank 8 out of 14 for growth in Cambridge. That puts us in below-average territory compared to other Cambridge neighbourhoods. Not last place, but not leading the pack either.

    • Average HonestDoor Price: $753,055
    • Predicted Market Value: $749,318
    • 3-Month Moving Average: $751,946
    • Recent Value Change: -0.47%
    • Average Rental Estimate: $3,473 per month
    • Rental Yield: 5.15% - that's a strong return
    • Airbnb Estimate: $172 per night
    • Airbnb Rank in Cambridge: 6th
    • Growth Rank: 8 out of 14 Cambridge neighbourhoods

    For context, Blair Road houses nearby are priced higher at $857,699, while Christopher-Champlain ($669,416) and East Galt ($698,504) are both cheaper than us. Southwood sits in a solid middle ground.

    Condos

    The condo picture is a bit more of a headache. The average HonestDoor Price for a Southwood condo is $482,840 - and that's down 4.11% from the previous period. The predicted market value is $503,521, also slipping below its 3-month moving average of $508,474, with a recent change of -0.58%. The market is taking a breather here, and condo owners should pay attention.

    On the leaderboard, Southwood condos rank 10 out of 14 in Cambridge for growth. That's a number worth knowing before you make any decisions.

    • Average HonestDoor Price: $482,840
    • Predicted Market Value: $503,521
    • 3-Month Moving Average: $508,474
    • Recent Value Change: -0.58%
    • Average Rental Estimate: $2,455 per month
    • Rental Yield: 3.83% - moderate returns
    • Airbnb Estimate: $122 per night
    • Airbnb Rank in Cambridge: 9th
    • Growth Rank: 10 out of 14 Cambridge neighbourhoods

    Nearby, Blair Road condos are significantly higher at $659,142. Christopher-Champlain ($476,323) and East Galt ($385,057) are both cheaper. If you own a Southwood condo, you're still above most of the lower-priced competition - but the gap to Blair Road is wide.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

    Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know that condo values in Southwood dropped 4.11% recently. It doesn't know that house values are nudging up 0.50%. It's basically a photo from a few years ago being used to describe what you look like today.

    The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government schedule. So when we say the average house in Southwood is worth $753,055 right now, that number is doing the work your assessment simply can't. If you're a condo owner, this gap matters even more - because a 4.11% drop is exactly the kind of move a static assessment will never warn you about until it's too late.

    Check your HonestDoor Price today. It takes two minutes and it's the most honest number you'll get without hiring an agent.

    The So What - Thinking About Selling This Summer?

    If you own a house in Southwood and you're thinking about listing this summer, the window is open - but it's not wide open. Values are up slightly, but the 3-month trend is drifting downward. Waiting for the market to "come back" is a gamble right now. Listing while the HonestDoor Price is still above $750,000 puts you in a stronger position than sitting on the sidelines through the fall.

    If you own a condo, the conversation is more urgent. A 4.11% drop in one period, a growth rank of 10 out of 14, and a declining 3-month average are three signals pointing the same direction. That doesn't mean panic - it means price it right, price it now, and don't let a stale city assessment convince you your unit is worth more than the market is currently saying.

    Either way, your first move is the same - pull your HonestDoor Price, compare it to what you paid, and have an honest conversation about timing. That's what we'd tell a friend, and that's what we're telling you.

    southwood | cambridge | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.