Page 1

Market Report Cambridge, Massachusetts

Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 12


Cambridge Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 2 Bed $300,000 - $1,040,000 27 3 Bed $414,000 - $1,256,000 45 4 Bed $637,260 - $3,100,000 26 5 Bed $645,000 - $3,740,000 22 6 Bed $1,500,000 - $3,000,000 8 7+ Bed $1,385,000 - $3,150,000 5

Days on the Market 48 51 61 58 33 42

Average Sale Price $ 553,069 $ 756,308 $ 1,471,770 $ 1,957,955 $ 2,066,250 $ 2,422,400

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

% Change 1.695% 8.499% -2.511% -4.830% 11.858% -4.862% 6.369% -6.405% 11.190%

Number of Listing Sold 163 192 162 148 133 109 110 129 114 133

Days on the Market 84 84 97 110 96 85 86 72 69 52

Average Sale Price $ 990,997 $ 1,007,794 $ 1,093,443 $ 1,065,982 $ 1,014,498 $ 1,134,794 $ 1,079,621 $ 1,148,386 $ 1,074,837 $ 1,195,111

$1,195,111 $1,148,386 $1,134,794 $1,093,443$1,065,982 $1,079,621 $1,074,837 $1,014,498 $990,997 $1,007,794

2003

2004

2005

2006

Source: MLSPIN, as of 01/30/2013

2007

2008

2009

2010

2011

2012


Market statistics

Total Sold - Cambridge, MA Single Family, 1/1/2012 - 12/31/2012

# of

Price Range $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999

Total Properties

Avg. Days on Listings Market

Average

Average

SP:LP

Average

SP:OP

Sale Price

List Price

Ratio

Orig Price

Ratio

2 4 4 6 13 17 11 11 5 25 12 11 6 6

175 48 127 34 38 46 66 47 35 43 33 95 61 16

$307,500 $374,813 $422,225 $472,250 $541,077 $638,293 $756,955 $853,477 $935,200 $1,266,394 $1,701,417 $2,172,273 $2,784,500 $3,226,417

$304,500 $354,975 $443,700 $445,800 $525,231 $640,335 $744,182 $838,800 $918,600 $1,261,360 $1,655,583 $2,303,182 $2,861,667 $3,008,000

101 106 95 107 104 100 102 102 102 101 103 94 97 109

$339,500 $361,725 $475,725 $450,800 $527,538 $655,224 $758,909 $853,809 $943,600 $1,289,320 $1,684,333 $2,383,636 $3,045,000 $3,008,000

92 104 89 106 103 99 101 101 100 99 102 91 93 109

133

52

$1,195,111

$1,189,113

101

$1,219,333

100

Source: MLSPIN, as of 01/30/2013

SERVICE@DWELL360.Com | 617-299-1854


Cambridge Statistics Condominiums Average Sale Price - Number of Bedrooms - 2012

0 Bed 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed

Number of Range Listing Sold $189,000 - $375,000 20 $187,500 - $1,285,000 254 $200,000 - $1,400,000 428 $245,000 - $3,300,000 123 $549,000 - $3,350,000 12 $805,000 - $2,430,000 3

Days on the Market 40 57 58 55 33 20

Average Sale Price $ 276,870 $ 377,889 $ 495,430 $ 779,111 $ 1,311,933 $ 1,350,000

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

% Change 6.109% 9.438% -1.481% 0.136% 0.710% -3.161% 7.394% 0.969% 2.537%

$436,439 $411,313

2003

2004

Number of Listing Sold 749 831 1041 850 1000 748 668 662 714 840

Days on the Market 64 51 58 115 81 92 78 82 82 57

$477,629 $470,555 $471,194 $474,540 $459,539 $493,517

2005

2006

Source: MLSPIN, as of 01/30/2013

2007

2008

2009

2010

Average Sale Price $ 411,313 $ 436,439 $ 477,629 $ 470,555 $ 471,194 $ 474,540 $ 459,539 $ 493,517 $ 498,299 $ 510,939 $498,299 $510,939

2011

2012


Market statistics

Total Sold - Cambridge, MA Condominiums, 1/1/2012 - 12/31/2012

# of

Price Range $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999

Total Properties

Avg. Days on Listings Market

Average

Average

SP:LP

Average

SP:OP

Sale Price

List Price

Ratio

Orig Price

Ratio

3 35 40 97 119 133 109 144 45 33 33 16 23 4 3 1 2

35 72 66 57 53 60 46 46 83 49 79 68 62 22 18 11 67

$190,467 $225,736 $276,930 $326,074 $372,567 $424,117 $471,169 $542,612 $641,598 $747,564 $837,845 $941,016 $1,234,554 $1,711,250 $2,255,833 $2,870,000 $3,325,000

$194,933 $231,554 $280,425 $330,794 $375,945 $432,176 $470,677 $546,592 $644,989 $752,627 $838,361 $932,188 $1,250,609 $1,748,750 $2,148,333 $2,850,000 $3,397,500

98 98 99 99 99 98 100 99 100 99 100 101 99 98 105 101 98

$192,933 $235,803 $285,127 $332,197 $379,229 $434,908 $477,687 $549,655 $654,200 $758,445 $847,482 $942,813 $1,268,043 $1,748,750 $2,148,333 $2,850,000 $3,700,000

99 96 97 98 98 98 99 99 99 99 99 100 98 98 105 101 91

840

57

$510,939

$514,898

99

$520,267

98

Source: MLSPIN, as of 01/30/2013

SERVICE@DWELL360.Com | 617-299-1854


Cambridge Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2012* Number of Range Listing Sold 2 Units $400,000 - $2,320,000 58 3 Units $532,000 - $1,451,000 25 4 Units $740,000 - $1,550,000 8 5-6 Units$925,000 - $3,000,000 4

Days on the Market 42 34 80 78

Average Sale Price $ 870,466 $ 992,480 $ 1,103,313 $ 1,668,750

Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012*

% Change 3.884% 6.071% 0.428% -0.303% -6.173% -4.352% 18.472% 4.512% 6.902%

$729,302 $757,631

2003

2004

Number of Listing Sold 81 122 105 99 104 50 55 64 60 95

$803,623 $807,064 $804,618

2005

2006

2007

Days on the Market 57 56 65 92 79 98 72 76 74 45

Average Sale Price $ 729,302 $ 757,631 $ 803,623 $ 807,064 $ 804,618 $ 754,950 $ 722,094 $ 855,479 $ 894,082 $ 955,795

$855,479 $894,082

$955,795

$754,950 $722,094

2008

2009

2010

2011

Source: MLSPIN, as of 01/30/2013 *2012 data includes only multifamily properties that sold for $3,000,000 or less.

2012*


Market statistics

Total Sold - Cambridge, MA Multifamily Homes, 1/1/2012 - 12/31/2012*

# of

Price Range $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999

Total Properties

Avg. Days on Listings Market

Average

Average

SP:LP

Average

SP:OP

Sale Price

List Price

Ratio

Orig Price

Ratio

3 2 11 9 7 15 16 24 5 2 0 1

64 131 81 24 65 30 22 46 53 11 0 24

$406,667 $474,875 $543,773 $646,822 $749,036 $856,767 $926,438 $1,192,879 $1,555,000 $2,253,000 $0 $3,000,000

$408,133 $469,000 $525,718 $622,267 $753,857 $846,393 $915,675 $1,157,554 $1,501,000 $2,100,000 $0 $2,949,900

100 101 104 104 100 102 102 104 104 107 0 102

$427,967 $494,000 $540,718 $625,600 $764,429 $854,393 $926,300 $1,166,533 $1,541,000 $2,100,000 $0 $2,949,900

96 97 103 104 99 101 101 103 102 107 0 102

95

45

$955,795

$932,691

103

$944,101

102

Source: MLSPIN, as of 01/30/2013 *2012 data includes only multifamily properties that sold for $3,000,000 or less.

SERVICE@DWELL360.Com | 617-299-1854


Trust. Knowledge. Experience.

www.Dwell360.com Service@Dwell360.com 617-299-1854

You want an agent who cares – We are experienced real estate agents who use professional marketing tools. We have neighborhood insight and are current with local market conditions. We know the inventory, have opinions about each property, are confident negotiators, and care about our clients – because buying and selling a home is a big deal! Dwell360 46 Austin Street Suite 302 Newton, MA 02460

Cambridge Massachusetts Real Estate Market Data - Dwell360  

Dwell360 has published this report on the residential real estate market statistics for 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004...

Read more
Read more
Similar to
Popular now
Just for you