HonestDoor

    Southwood, Cambridge - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Cambridge, Southwood

    Southwood, Cambridge: Your House Is Holding Strong - But Your Condo Is a Different Story

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Southwood, the picture depends entirely on what you own. Houses and condos are telling two very different stories this season, and knowing which one applies to you could change what you do next.

    Houses: Quietly Climbing the Leaderboard

    The house market in Southwood is doing something most Cambridge neighbourhoods aren't - it's holding its ground and then some. The average HonestDoor Price sits at $756,868, up 0.51% from the previous period. That might sound modest, but context matters: houses here rank 2nd out of 14 comparable Cambridge neighbourhoods for growth. That puts us near the top of the local leaderboard.

    • Average HonestDoor Price: $756,868
    • Recent price change: +0.51%
    • 3-month moving average: $751,745 (current predicted value is above it at $753,055)
    • Growth rank: 2nd out of 14 Cambridge neighbourhoods
    • Average rental estimate: $3,488 per month
    • Rental yield: 5.14% - that is a strong return
    • Airbnb estimate: $173 per night (ranked 6th in Cambridge)

    That 5.14% rental yield is worth pausing on. For anyone who owns a house here and is thinking about renting it out instead of selling, the numbers actually support that conversation. And if you are comparing Southwood to nearby Blair Road (average HonestDoor Price $842,204), we are still the more accessible entry point with nearly the same upward momentum.

    Condos: Taking a Breather - and You Should Know About It

    We will be straight with you. The condo side of Southwood is cooling off. The average HonestDoor Price is $539,062, which shows an 11.64% jump from the previous period on paper - but the predicted market value has actually slid to $482,840, down 4.11% recently. The 3-month moving average was $497,600, and current values are tracking below that. Condos here rank 14th out of 14 Cambridge neighbourhoods for growth right now.

    • Average HonestDoor Price: $539,062
    • Predicted market value: $482,840
    • Recent price change: -4.11%
    • Growth rank: 14th out of 14 Cambridge neighbourhoods
    • Average rental estimate: $2,678 per month
    • Rental yield: 3.87% - moderate, not a standout
    • Airbnb estimate: $133 per night (ranked 7th in Cambridge)

    That gap between the HonestDoor Price and the predicted market value is the number to watch. It tells us the condo market here is adjusting, and waiting for your next city assessment to reflect that is not a strategy - it is a delay.

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

    Here is the thing about city assessments - they are a snapshot from the past. They do not move when the market moves. Your HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For Southwood house owners, that means seeing a value that reflects today's top-2 growth ranking, not a number that was locked in years ago. For condo owners, it means getting an honest look at where values actually sit right now - before you make any decisions based on stale paperwork.

    Think of the HonestDoor Price as the real-world check your assessment can never give you.

    The "So What?" - Thinking About Selling This Summer?

    If you own a house in Southwood, this summer is a reasonable window. You are sitting in a top-2 growth neighbourhood, values are trending above the 3-month average, and you have a rental yield story that gives buyers a reason to pay attention. Blair Road is pricier, East Galt and Christopher-Champlain are cheaper - Southwood sits in a sweet spot that serious buyers notice.

    If you own a condo, the honest advice is this: do not rush, but do not ignore the trend either. Values are sliding relative to recent averages, and you are currently at the bottom of the Cambridge growth rankings. If selling is on your radar, getting your HonestDoor Price today gives you a clear baseline - so you are not guessing when it counts.

    Either way, the worst move is relying on a city assessment that has no idea what the market did last month. Check your HonestDoor Price first. Then decide.

    southwood | cambridge | september 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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    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.

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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.


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