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Cambridge Market Trends

Today, December 15, 2009

Median Sales Price in Cambridge

Embed Info
1 yr 5 yr Max
Cambridge median sales prices
Number of sold homes in Cambridge
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$302,150-7.3%$305,100$326,000$330,000
2 bedrooms$402,250-7.7%$415,000$436,000$425,000
3 bedrooms$486,750-25.5%$490,000$653,000$575,000
4 bedrooms$647,500+20.5%$765,000$537,500$714,500
All properties$429,000-9.7%$411,250$475,000$465,000
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Cambridge Summary

The median sales price for homes in Cambridge MA for Sep 09 to Nov 09 was $429,000. This represents an increase of 4.3%, or $17,750, compared to the prior quarter and a decrease of 9.7% compared to the prior year. Sales prices have depreciated 7.7% over the last 5 years in Cambridge.

The average listing price for Cambridge homes for sale on Trulia was $659,047 for the week ending Dec 08, which represents a decline of 4.6%, or $31,905, compared to the prior week and a decline of 5.8%, or $40,221, compared to the week ending Nov 17. Average price per square foot for Cambridge MA was $447, an increase of 12.6% compared to the same period last year. Popular neighborhoods in Cambridge include North Cambridge, East Cambridge, West Cambridge, Neighborhood Nine, Cambridgeport, and Mid-Cambridge.

 

Average Listing Price in Cambridge

Embed Info
1 yr 5 yr Max
Cambridge average property price
Cambridge – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$343,614-0.5%$345,199$346,700$345,791
2 bedrooms$547,358-3.4%$566,621$573,342$571,521
3 bedrooms$803,881-1.7%$817,821$792,085$771,248
4 bedrooms$1,040,631-7.3%$1,123,031$1,107,759$1,154,769
All properties$659,047-4.6%$690,952$686,428$699,268
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Average Price Per Sqft for Homes in Cambridge

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1 yr 5 yr Max
Cambridge average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$535+2.7%$464$521$492
2 bedrooms$440+6.3%$426$414$407
3 bedrooms$398-16.7%$421$478$411
4 bedrooms$365-5.2%$396$385$370
All properties$447+12.6%$426$397$405
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Popular Neighborhoods in Cambridge

Neighborhoods Week ending
Dec 9
w-o-w Week ending
Dec 2
Week ending
Nov 25
North Cambridge 1 +3 4 3
East Cambridge 2 +1 3 5
West Cambridge 3 -1 2 2
Neighborhood Nine 4 -3 1 1
Cambridgeport 5 +1 6 6
Mid-Cambridge 6 -1 5 4

Homes for Sale in Cambridge

21 Lee Street #3L 2, Cambridge MA
21 Lee St…
$449,000
2 br  1 ba
27 Wheeler Street #319 3, Cambridge MA
27 Wheeler…
$449,000
2 br  2 ba
27 Wheeler Street #122 1, Cambridge MA
27 Wheeler…
$309,000
1 br  1 ba
29 Wheeler Street #1 111, Cambridge MA
29 Wheeler…
$295,000
1 br  1 ba
29 Wheeler Street #308 3, Cambridge MA
29 Wheeler…
$459,000
2 br  2 ba
27 Wheeler Street #223 2, Cambridge MA
27 Wheeler…
$349,000
1 br  1 ba
View all Cambridge Homes for Sale
 
Stats & Trends
Cambridge

Real Estate Overview

Market Trends

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Community Info

Neighborhoods

North Cambridge

East Cambridge

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  • Aggasiz-Harvard University
  • Area IV
  • Cambridge Highlands
  • Cambridgeport
  • East Cambridge
  • Mid-Cambridge
  • MIT
  • Neighborhood Nine
  • North Cambridge
  • Riverside
  • Strawberry Hill
  • Wellington-Harrington
  • West Cambridge
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  • 02138
  • 02139
  • 02140
  • 02141
  • 02142
  • 02163
  • 02238
  • 02239
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Nearby Cities

Cities
Median
sales price
Average
listing price
Allston
$267,500
$377,498
Somerville
$405,000
$372,704
Brighton
$282,250
$331,470
Watertown
$387,000
$426,816
Belmont
$615,000
$710,694
Medford
$329,550
$358,174
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.