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 May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $424,900 -1.0% $427,000 $429,000 $299,500
2 bedrooms $580,500 +6.5% $530,000 $545,000 $427,500
3 bedrooms $713,000 -7.1% $1,022,500 $767,375 $577,500
4 bedrooms $1,450,000 +39.8% $665,000 $1,037,000 $717,500
All properties $578,565 +8.1% $532,500 $535,000 $419,000
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Summary for Cambridge


The median sales price for homes in Cambridge MA for May 14 to Aug 14 was $578,565. This represents an increase of 8.7%, or $46,065, compared to the prior quarter and an increase of 8.1% compared to the prior year. Sales prices have appreciated 38.1% over the last 5 years in Cambridge. The average listing price for Cambridge homes for sale on Trulia was $909,794 for the week ending Aug 20, which represents a decline of 1.6%, or $15,242, compared to the prior week and an increase of 5.8%, or $50,110, compared to the week ending Jul 30. Average price per square foot for Cambridge MA was $575, an increase of 5.9% compared to the same period last year. Popular neighborhoods in Cambridge include East Cambridge, North Cambridge, West Cambridge, Neighborhood Nine, Area IV, and Mid-Cambridge.

Average Listing Price in Cambridge

 

Cambridge average property price
Cambridge – number of properties
No. Bedrooms Week ending
Aug 20
w-o-w Week ending
Aug 13
Week ending
Aug 6
Week ending
Jul 30
1 bedroom $496,979 -1.6% $505,252 $472,414 $456,054
2 bedrooms $620,052 -7.3% $668,971 $615,710 $597,304
3 bedrooms $818,155 -6.1% $871,307 $749,662 $803,382
4 bedrooms $1,399,257 +1.3% $1,381,644 $1,560,960 $1,988,322
All properties $909,794 -1.6% $925,036 $883,059 $859,684
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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 May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $634 +9.3% $623 $580 $467
2 bedrooms $563 +8.9% $508 $517 $444
3 bedrooms $546 +2.6% $626 $532 $437
4 bedrooms $576 +11.8% $467 $515 $431
All properties $575 +5.9% $540 $543 $448
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Popular Neighborhoods in Cambridge


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