Cambridge Market Report Q2 2023

CAMBRIDGE MARKET REPORT Q2 2023 We've been recognized as Boston Magazine's Top Producer in 2021 & 2022!

CAMBRIDGE MARKET REPORT Q1 2022 - Q2 2023 2021 Q4

Q1

2022 Q2

AVERAGE SALE PRICE

QUARTERS

Q3

Q4

$3,500,000

2023

Q1

Q2

Q3

Q4

Q1

Q2

Q3

$3,051,800

$3,000,000

Q4

$2,500,000 $2,000,000 $1,500,000 $1,000,000

CC

$500,000

MF

$Qtr1

SF

Qtr2

Qtr3

Qtr4

Qtr1

2022

Qtr2 2023

SF

TOTAL SOLD

AVERAGE LIST PRICE

34

36

$3,500,000

$2,883,133

$2,500,000

22

$2,000,000

15

20

23

$3,000,000

$1,500,000 $1,000,000

2022

$-

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$500,000 Qtr1

Qtr2

2023

Qtr3

Qtr4

Qtr1

2022

SF

Qtr2 2023

SF

MEDIAN SALE PRICE

33

39

$2,500,000

$2,150,000

$2,000,000

26

32

36

AVERAGE DAYS ON THE MARKET

17

$1,500,000 $1,000,000

2022

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$500,000 $Qtr1

Qtr2

2023

Qtr3

SF

Qtr1

MEDIAN LIST PRICE

SOLD TO LIST PRICE RATIO $2,500,000 106%

104%

103%

102%

Qtr2 2023

SF

108%

111%

Qtr4

2022

$2,150,000

$2,000,000 $1,500,000

2022

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$1,000,000 $500,000 $Qtr1

2023

2022

Qtr3

Ilya Rasner ilya@rasnergroup.com (617) 823-9780

Qtr4

Qtr1

Qtr2 2023

SF

2023

Data from MLS Prepared by The Rasner Group

Report Generated as of 8/15/2023

Qtr2 2022

SF

CAMBRIDGE MARKET REPORT Q1 2022 - Q2 2023 2021 Q4

Q1

2022 Q2

AVERAGE SALE PRICE

QUARTERS

Q3

Q4

$1,200,000 $1,180,000 $1,160,000 $1,140,000 $1,120,000 $1,100,000 $1,080,000 $1,060,000 $1,040,000 $1,020,000 $1,000,000 $980,000

2023

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

CC MF

$1,079,403

Qtr1

SF

Qtr2

Qtr3

Qtr4

Qtr1

2022

Qtr2 2023

CC

TOTAL SOLD

137

$1,200,000 $1,180,000 $1,160,000 $1,140,000 $1,120,000 $1,100,000 $1,080,000 $1,060,000 $1,040,000 $1,020,000 $1,000,000 $980,000

QTR2

107 QTR1

QTR4

105

123 QTR3

QTR2

QTR1

123

220

AVERAGE LIST PRICE

2022

$1,054,545

Qtr1

Qtr2

2023

Qtr3

Qtr4

Qtr1

2022

CC

Qtr2 2023

CC

MEDIAN SALE PRICE

47

43

AVERAGE DAYS ON THE MARKET $1,000,000

$944,000 25

26

31

$950,000

20

$900,000 $850,000

2022

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$800,000 $750,000 Qtr1

Qtr2

2023

Qtr3

CC

Qtr2 2023

MEDIAN LIST PRICE

99%

100%

103%

105%

99%

Qtr1

CC

SOLD TO LIST PRICE RATIO 104%

Qtr4

2022

$1,050,000

$1,000,000 $950,000

$898,000

$900,000

2022

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$850,000 $800,000

$750,000 Qtr1

2023

2022

Qtr3

Ilya Rasner ilya@rasnergroup.com (617) 823-9780

Qtr4

Qtr1

Qtr2 2023

CC

2023

Data from MLS Prepared by The Rasner Group

Report Generated as of 8/15/2023

Qtr2 2022

CC

CAMBRIDGE MARKET REPORT Q1 2022 - Q2 2023 2021 Q4

Q1

2022 Q2

AVERAGE SALE PRICE

QUARTERS

Q3

Q4

$3,000,000

2023

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

$2,485,909

$2,500,000 $2,000,000 $1,500,000 $1,000,000

CC

$500,000

MF

$Qtr1

SF

Qtr2

Qtr3

Qtr4

Qtr1

2022

Qtr2 2023

MF

TOTAL SOLD

AVERAGE LIST PRICE

39

$3,000,000

$2,502,164

$2,500,000 22

$2,000,000 11

13

15

$1,500,000 7

$1,000,000

2022

$-

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$500,000 Qtr1

Qtr2

2023

Qtr3

Qtr4

Qtr1

2022

MF

MF

MEDIAN SALE PRICE $2,500,000

78

74

AVERAGE DAYS ON THE MARKET

$1,900,000

55

$2,000,000 45

46

Qtr2 2023

36

$1,500,000 $1,000,000

2022

QTR2

QTR1

QTR4

QTR3

QTR2

QTR1

$500,000 $Qtr1

Qtr2

2023

Qtr3

MF

102% QTR2

QTR1

94% QTR4

QTR3

QTR2

Qtr2 2023

MEDIAN LIST PRICE

98%

100%

100% 97% QTR1

2022

$2,050,000 $2,000,000 $1,950,000 $1,900,000 $1,850,000 $1,800,000 $1,750,000 $1,700,000 $1,650,000 $1,600,000

$1,995,000

Qtr1

2023

Qtr2

Qtr3 2022

MF

Ilya Rasner ilya@rasnergroup.com (617) 823-9780

Qtr4

Qtr1

Qtr2 2023

MF

2023

Data from MLS Prepared by The Rasner Group

Report Generated as of 8/15/2023

Qtr1

MF

SOLD TO LIST PRICE RATIO

2022

Qtr4

2022

ILYA RASNER (617) 823-9780 ilya@rasnergroup.com 607 Boylston Street, 5th Floor Boston, MA 02116 www.rasnergroup.com