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      Southwood, Cambridge - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Cambridge, Southwood

      Southwood, Cambridge: Your House Is Worth More Than the City Thinks

      The Vibe Right Now

      If you've been watching the "For Sale" signs in Southwood lately, here's what's actually happening. The market is taking a breather on houses, but condos are quietly becoming one of the hottest plays in all of Cambridge. Those two stories are very different, and they matter depending on what you own.

      Houses in Southwood - Steady, Not Scary

      The average HonestDoor Price for a house here sits at $734,697. That's down 2.93% from the previous period - a small dip, not a freefall. For context, our predicted market value for houses is actually $756,868, which is climbing above the 3-month moving average of $753,080. So the short-term trend is pointing back up.

      • Average HonestDoor Price: $734,697
      • Predicted Market Value: $756,868
      • 3-Month Moving Average: $753,080
      • Average Rental Estimate: $3,412 per month
      • Rental Yield: 5.13% - that's a strong return
      • Airbnb Estimate: $169 per night
      • Neighbourhood Growth Rank: 6 out of 14 in Cambridge - above average

      We're sitting above average on the Cambridge neighbourhood leaderboard for house growth - ranked 6th out of 14. Not the top of the pack, but solidly in the better half. And compared to nearby Blair Road at $841,905, we're still the more affordable entry point into a strong part of the city.

      Condos in Southwood - This Is the Real Story

      Here's where it gets interesting. Condo values have moved 11.64% recently, and the predicted market value is $539,062 - well above the 3-month moving average of $508,474. That gap tells you momentum is building fast.

      • Average HonestDoor Price: $519,834
      • Predicted Market Value: $539,062
      • 3-Month Moving Average: $508,474
      • Average Rental Estimate: $2,608 per month
      • Rental Yield: 3.76% - moderate but growing
      • Airbnb Estimate: $130 per night
      • Neighbourhood Growth Rank: 2 out of 14 in Cambridge - top performer

      A growth rank of 2nd out of 14 neighbourhoods in Cambridge is not a small thing. That puts Southwood condos near the very top of the leaderboard. Compared to Christopher-Champlain at $461,699 and East Galt at $387,839, we're pulling ahead. Even against Blair Road at $645,513, the gap is closing.

      The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

      Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened in the last quarter. It doesn't update when buyer demand shifts or when a neighbourhood like Southwood starts climbing the Cambridge leaderboard.

      The HonestDoor Price is a real-world check. It pulls in current market signals and gives you a live number - not a number some assessor locked in months or years ago. If you're making any decision about your home right now - refinancing, selling, even just knowing what you actually own - the HonestDoor Price is the number to look at first. The gap between your assessment and your HonestDoor Price could be tens of thousands of dollars. That's real money sitting there unacknowledged.

      So What Does This Mean If You're Thinking About Selling This Summer?

      For house owners - the dip is small and the predicted value is already recovering. Listing this summer means you're catching the market on its way back up, not on the way down. A $756,868 predicted value with $3,412 in monthly rental demand behind it means buyers have strong reasons to move on your property.

      For condo owners - honestly, the timing looks good. A 2nd-place growth rank out of 14 neighbourhoods is the kind of stat that attracts buyers who are paying attention. With values up 11.64% recently and the predicted price sitting above the moving average, you have a real story to tell a buyer. Don't wait for the market to figure it out before you do.

      Bottom line - Southwood is not a neighbourhood you sleep on right now. Check your HonestDoor Price, know your real number, and make your move with actual data in your hand.

      southwood | cambridge | october 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.

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      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 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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