Charles River Properties LLC

Cambridge, MA

Condos/Townhomes

Massachusetts Broker License Number 9043



Cambridge, MA

Mon Jun 21 2021
This week the median list price for Cambridge, MA is $949,000 with the market action index hovering around 70. This is an increase over last month's market action index of 65. Inventory has increased to 95. Click here to stay informed with the Cambridge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cambridge, MA

Mon Jun 21 2021
This week the median list price for Cambridge, MA is $949,000 with the market action index hovering around 70. This is an increase over last month's market action index of 65. Inventory has increased to 95. Click here to stay informed with the Cambridge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cambridge market.
Median List Price $949,000
Median Price of New Listings $919,000
Per Square Foot $892
Average Days on Market 42
Median Days on Market 14
Price Decreased 26%
Price Increased 1%
Relisted 4%
Inventory 95
Median Rent $2,873
Market Action 70
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,950,000 1,907 0 - 4,500 sqft 3 2 34 7 5 42
$1,162,000 1,320 0 - 4,500 sqft 2 2 47 7 7 14
$827,000 1,040 0 - 4,500 sqft 2 1 103 9 7 7
$649,500 714 0 - 4,500 sqft 1 1 99 8 7 17