Blog by Ed Abrams

<< back to article list

Cambridge, MA: 2015 Market Summary

Cambridge 2015 Market



















































































































































































The number of sales of residential properties (condominiums, single families, and multi-families) in Cambridge decreased by 8% in 2015 compared to 2014. There were 787 sales in 2015, compared to 856 sales in 2014.

Total market volume decreased by 1.64%. 2015 total volume was $698,882,881, compared to 2014 volume of $710,581,425.

The average sale price increased by 6.98%. The average sale price in 2015 was $888,034, compared to $830,118 in 2014.

The median sale price increased by 8.43%. The median sale price in 2015 was $695,000, compared to $641,000 in 2014.

The lowest sale price was $270,000. The highest sale price was $7,500,000.

At the end of 2015, inventory was up 26% from 2014. On December 31, 2015, there were 29 units on the market. On December 31, 2014, there were 23 units on the market.


All statistics are from MLS Property Information Network.
blog comments powered by Disqus