Cambridge, MA Home Values & Market Trends
Real estate market trends reflect that there have been 946 transactions over the past year in Cambridge. The median value for residential home transactions that occurred over the previous year is $945,321.44. The number of current listings in Cambridge is 15, and the percentage of properties for sale in the city is 15.00%. Cambridge, MA currently has 6 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 15 properties for sale.
Cambridge, MA Real Estate Market Overview
Housing Market Summary for Cambridge, MA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $899K | $914.9K | 1.77% |
Median Sold Price | $942.9K | $914.9K | -2.97% |
Homes For Sale | 23 | 11 | -52.17% |
Homes Sold | 438 | 353 | -19.41% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cambridge, MA
Browse Homes in Cambridge, MA
Cambridge home values range from $86,543 to $35,643,774. The median estimated value of a home in Cambridge is $945,321.44. The median list price of a home is 990,000, and the total count of properties in the city is 22,433.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Cambridge, MA with 02140 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Cambridge, MA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,693,478 in 02139 to the lowest home value of $599,000 in 02138.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cambridge, MA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Cambridge, MA. There are 5 zips within Cambridge, MA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02140 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cambridge, MA. Auction homes and other auction properties account for 0.00% of all properties in Cambridge, MA. There are 5 zips within Cambridge, MA; of those zips, the median estimated home value for homes going to auction ranges from $546,250 in 02140 to the lowest value of $546,250 in 02140.
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More Real Estate Resources for Cambridge, MA
Guide for Cambridge, MA
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