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
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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
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