Market Report Cambridge, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13
Cambridge Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7+ Bed
Range $424,750 - $830,000 $330,000 - $3,380,000 $465,000 - $2,825,000 $430,000 - $5,580,000 $1,355,000 - $3,415,000 $3,500,000 - $3,710,000
Number of Listing Sold 19 63 24 28 7 2
Days on the Market 16 27 45 51 37 101
$ $ $ $ $ $
Average Sale Price 598,637 902,137 1,369,750 2,081,589 2,169,303 3,605,000
Historical Average Sale Price - Past 10 Years
$1,007,794
2004
Number of Listing Sold 192 162 148 133 109 110 129 114 133 143
% Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
8.499% -2.511% -4.830% 11.858% -4.862% 6.369% -6.405% 11.190% 6.355%
$1,093,443 $1,065,982
2005
$1,134,794 $1,014,498
2006
Source: MLSPIN, as of 02/07/2014
2007
2008
$1,079,621
2009
Days on the Market 84 97 110 96 85 86 72 69 52 35
$1,148,386
2010
$ $ $ $ $ $ $ $ $ $
Average Sale Price 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 1,271,065
$1,195,111
$1,271,065
$1,074,837
2011
2012
2013
Market statistics
Total Sold - Cambridge, MA Single Family, 1/1/2013 - 12/31/2013
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 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 0 5 4 11 15 24 9 9 25 17 9 5 7 0 2
14 0 63 46 27 25 24 46 15 28 36 18 126 84 0 5
$330,000 $0 $432,950 $467,750 $544,132 $635,333 $751,875 $854,111 $951,111 $1,213,300 $1,723,389 $2,093,000 $2,733,400 $3,553,571 $0 $5,290,000
$410,000 $0 $430,530 $467,248 $542,636 $606,120 $741,871 $861,656 $902,544 $1,174,960 $1,685,000 $1,957,667 $2,860,000 $3,639,286 $0 $4,600,000
80 0 102 101 101 105 102 100 106 104 103 107 97 98 0 118
$410,000 $0 $479,510 $474,750 $548,091 $599,180 $742,288 $901,667 $902,544 $1,198,800 $1,717,647 $1,982,222 $2,880,000 $3,719,286 $0 $4,600,000
80 0 97 99 100 108 102 98 106 103 101 106 96 96 0 118
143
35
$1,271,065
$1,243,274
103
$1,261,686
102
Source: MLSPIN, as of 02/07/2014
SERVICE@DWELL360.Com | 617-299-1854
Cambridge Statistics Condominiums Average Sale Price - Number of Bedrooms - 2013 Range $148,000 - $925,000 $215,000 - $1,145,000 $170,000 - $3,974,000 $315,000 - $3,100,000 $525,500 - $2,400,000 $810,000 - $2,660,000
0 Bed 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
Number of Listing Sold 17 262 367 151 27 2
Days on the Market 46 32 42 37 36 109
Average Sale Price $ 356,706 $ 424,974 $ 575,629 $ 833,447 $ 1,139,111 $ 1,735,000
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
$436,439
2004
% Change 9.438% -1.481% 0.136% 0.710% -3.161% 7.394% 0.969% 2.537% 7.510%
Number of Listing Sold 831 1041 850 1000 748 668 662 714 840 552
Days on the Market 51 58 115 81 92 78 82 82 57 43
Average Sale Price $ 436,439 $ 477,629 $ 470,555 $ 471,194 $ 474,540 $ 459,539 $ 493,517 $ 498,299 $ 510,939 $ 549,311
$510,939 $477,629 $470,555 $471,194 $474,540 $459,539 $493,517 $498,299
2005
2006
2007
Source: MLSPIN, as of 02/10/2014
2008
2009
2010
2011
2012
$549,311
2013
Market statistics
Total Sold - Cambridge, MA Condominiums, 1/1/2013 - 12/31/2013
Price Range $100,000 - $149,999 $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
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 3 10 28 38 59 72 65 121 68 31 21 13 16 3 0 0 3
281 70 27 25 29 26 28 30 42 63 39 162 35 83 67 0 0 13
$148,000 $177,000 $227,950 $274,318 $327,857 $375,312 $425,280 $472,526 $541,348 $649,175 $742,976 $840,409 $947,385 $1,151,313 $1,833,333 $0 $0 $3,359,667
$148,000 $199,633 $237,790 $267,643 $324,703 $368,568 $417,235 $463,748 $531,819 $644,268 $732,665 $832,210 $942,484 $1,165,750 $1,826,667 $0 $0 $3,415,000
100 89 97 103 101 102 102 102 102 101 102 101 101 99 101 0 0 99
$139,000 $199,633 $237,590 $267,000 $326,666 $369,332 $417,922 $466,491 $528,962 $647,763 $734,894 $834,690 $965,608 $1,162,313 $1,878,000 $0 $0 $3,415,000
106 89 97 103 101 102 102 102 109 101 102 101 99 100 99 0 0 99
552
43
$549,311
$543,236
102
$544,561
103
Source: MLSPIN, as of 02/10/2014
SERVICE@DWELL360.Com | 617-299-1854
Cambridge Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013 Range 2 Units $440,000 - $1,610,000 3 Units $760,000 - $1,850,000 4 Units $800,000 - $1,925,000 6+ Units $1,450,000 - $8,380,000
Number of Listing Sold 36 23 8 5
Days on the Market 34 29 34 10
Average Sale Price $ 916,825 $ 1,150,748 $ 1,324,125 $ 4,278,400
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
% Change 6.071% 0.428% -0.303% -6.173% -4.352% 18.472% 4.512% 6.902% 32.900%
Number of Listing Sold 122 105 99 104 50 55 64 60 95 72
Days on the Market 56 65 92 79 98 72 76 74 45 31
Average Sale Price $ 757,631 $ 803,623 $ 807,064 $ 804,618 $ 754,950 $ 722,094 $ 855,479 $ 894,082 $ 955,795 $ 1,270,249 $1,270,249
$807,064 $804,618 $757,631 $803,623 $754,950 $722,094
2004
2005
2006
2007
Source: MLSPIN, as of 02/10/2014
2008
2009
$855,479 $894,082
2010
2011
$955,795
2012
2013
Market statistics
Total Sold - Cambridge, MA Multifamily Homes, 1/1/2013 - 12/31/2013
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 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 0 4 4 6 12 9 22 10 0 1 1 0 2
308 0 35 28 44 24 41 13 38 0 10 13 0 12
$440,000 $0 $541,750 $661,000 $752,917 $849,333 $933,111 $1,200,055 $1,675,622 $0 $2,552,000 $3,130,000 $0 $7,130,000
$469,900 $0 $500,750 $650,000 $668,483 $780,750 $928,200 $1,114,750 $1,667,800 $0 $2,000,000 $2,900,000 $0 $5,900,000
94 0 109 102 116 111 101 108 104 0 128 108 0 120
$469,900 $0 $500,750 $657,500 $669,317 $791,667 $928,200 $1,123,841 $1,693,000 $0 $2,000,000 $2,900,000 $0 $5,900,000
94 0 109 101 116 110 101 108 103 0 128 108 0 120
72
31
$1,270,249
$1,176,515
108
$1,185,099
107
Source: MLSPIN, as of 02/10/2014
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