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 Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $475,000 +19.5% $412,000 $397,500 $301,200
2 bedrooms $572,000 +4.0% $549,000 $550,000 $430,000
3 bedrooms $805,000 +10.3% $713,000 $730,000 $500,000
4 bedrooms $1,600,000 +88.3% $920,000 $849,500 $915,000
All properties $590,000 +15.0% $540,205 $513,100 $425,000
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Summary for Cambridge


The median sales price for homes in Cambridge MA for Jul 14 to Oct 14 was $590,000. This represents an increase of 9.2%, or $49,795, compared to the prior quarter and an increase of 15% compared to the prior year. Sales prices have appreciated 38.8% over the last 5 years in Cambridge. The average listing price for Cambridge homes for sale on Trulia was $1,001,218 for the week ending Oct 15, which represents an increase of 12.1%, or $108,089, compared to the prior week and an increase of 8.1%, or $75,255, compared to the week ending Sep 24. Average price per square foot for Cambridge MA was $586, an increase of 5.6% compared to the same period last year. Popular neighborhoods in Cambridge include Neighborhood Nine, North Cambridge, West Cambridge, Mid-Cambridge, East Cambridge, and Area IV.

Average Listing Price in Cambridge

 

Cambridge average property price
Cambridge – number of properties
No. Bedrooms Week ending
Oct 15
w-o-w Week ending
Oct 8
Week ending
Oct 1
Week ending
Sep 24
1 bedroom $631,422 +4.9% $602,036 $706,475 $461,383
2 bedrooms $576,008 -5.6% $609,914 $611,692 $567,549
3 bedrooms $791,730 +0.2% $790,138 $888,911 $869,756
4 bedrooms $1,711,800 +11.1% $1,541,143 $1,906,000 $1,992,000
All properties $1,001,218 +12.1% $893,129 $1,022,385 $925,963
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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 Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $650 +6.9% $616 $608 $479
2 bedrooms $565 +6.0% $557 $533 $438
3 bedrooms $541 +1.7% $542 $532 $401
4 bedrooms $695 +33.4% $523 $521 $455
All properties $586 +5.6% $567 $555 $445
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Popular Neighborhoods in Cambridge


Neighborhoods Week ending
Oct 15
w-o-w Week ending
Oct 8
Week ending
Oct 1
Neighborhood Nine 1 +3 4 5
North Cambridge 2 2 3
West Cambridge 3 -2 1 1
Mid-Cambridge 4 -1 3 2
East Cambridge 5 +1 6 4
Area IV 6 +1 7 7
Homes for Sale in Cambridge
View all Cambridge Homes for Sale