Cambridge Market Trends


Median Sales Price in Cambridge

 

1 yr 5 yr Max
Cambridge median sales prices
Number of sold homes in Cambridge
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $450,000 +4.4% $425,000 $431,000 $324,900
2 bedrooms $640,500 +20.3% $547,250 $532,500 $428,250
3 bedrooms - - $940,000 $1,022,500 $547,500
4 bedrooms - - - - -
All properties $489,900 -8.0% $585,000 $532,500 $417,000
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Summary for Cambridge


The median sales price for homes in Cambridge MA for Feb 15 to May 15 was $489,900. This represents a decline of 16.3%, or $95,100, compared to the prior quarter and a decrease of 8% compared to the prior year. Sales prices have appreciated 17.5% over the last 5 years in Cambridge. The average listing price for Cambridge homes for sale on Trulia was $1,182,578 for the week ending May 27, which represents an increase of 4.3%, or $49,126, compared to the prior week and an increase of 8.3%, or $90,293, compared to the week ending May 06. Average price per square foot for Cambridge MA was $485, a decrease of 10% compared to the same period last year. Popular neighborhoods in Cambridge include Neighborhood Nine, Mid-Cambridge, East Cambridge, Cambridgeport, North Cambridge, and West Cambridge.

Average Listing Price in Cambridge

 

Cambridge average property price
Cambridge – number of properties
No. Bedrooms Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
1 bedroom $672,633 +23.6% $544,112 $558,846 $530,747
2 bedrooms $719,914 -6.1% $766,611 $723,302 $699,253
3 bedrooms $1,034,690 -8.1% $1,126,076 $1,053,946 $1,245,628
4 bedrooms $2,137,000 +1.6% $2,102,375 $1,948,181 $1,926,428
All properties $1,182,578 +4.3% $1,133,452 $1,094,971 $1,092,285
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Average Price Per Sqft. for Homes in Cambridge

 

1 yr 5 yr Max
Cambridge average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $434 -30.9% $553 $628 $443
2 bedrooms $523 +3.8% $557 $504 $432
3 bedrooms - - $646 $626 $401
4 bedrooms - - - - -
All properties $485 -10.0% $582 $539 $430
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Popular Neighborhoods in Cambridge


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Neighborhood Nine 1 1 1
Mid-Cambridge 2 +1 3 8
East Cambridge 3 -1 2 4
Cambridgeport 4 4 2
North Cambridge 5 5 3
West Cambridge 6 6 5
Homes for Sale in Cambridge
View all Cambridge Homes for Sale