Market Report Cambridge, Massachusetts
Single Family, Condominium, and Multifamily Homes Y e a r E n d 2 0 14
Cambridge Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 2 Bed $405,000 - $1,585,000 19 3 Bed $460,000 - $2,227,000 41 4 Bed $665,000 - $2,900,000 30 5 Bed $690,000 - $6,500,000 23 6+ Bed $2,150,000 - $4,350,000 6
Days on the Market 18 28 37 35 77
Average Sale Price $ 800,947 $ 1,025,216 $ 1,673,870 $ 2,100,514 $ 2,995,500
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -2.511% -4.830% 11.858% -4.862% 6.369% -6.405% 11.190% 6.355% 14.873%
Number of Listing Sold 162 148 133 109 110 129 114 133 143 119
Days on the Market 97 110 96 85 86 72 69 52 35 32
Average Sale Price $ 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 $ 1,460,107 $1,460,107
$1,271,065 $1,195,111 $1,148,386 $1,134,794 $1,093,443 $1,079,621 $1,074,837 $1,065,982 $1,014,498
2005
2006
2007
2008
Source: MLSPIN, as of 01/14/2015
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Cambridge, MA Single Family, 1/1/2014 - 12/31/2014
# 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 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
1 1 6 13 6 10 9 26 22 11 9 3 1 1
6 35 43 47 27 23 43 18 29 34 12 102 71 166
$405,000 $460,000 $548,333 $645,615 $747,967 $849,500 $944,444 $1,253,525 $1,708,674 $2,159,818 $2,714,056 $3,501,667 $4,350,000 $6,500,000
$449,000 $460,000 $558,650 $618,408 $726,633 $810,190 $908,600 $1,106,615 $1,611,636 $2,061,636 $2,581,111 $3,588,000 $4,750,000 $7,250,000
90 100 99 105 103 105 105 115 107 106 106 98 92 90
$449,000 $549,000 $584,500 $636,177 $726,633 $810,190 $919,267 $1,106,615 $1,639,227 $2,137,091 $2,581,111 $3,588,000 $4,750,000 $7,250,000
90 84 95 103 103 105 104 115 106 103 106 98 92 90
119
32
$1,460,107
$1,393,608
107
$1,410,482
106
Source: MLSPIN, as of 01/14/2015
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Cambridge Statistics Condominiums Average Sale Price - Number of Bedrooms - 2014
0 Bed 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
Number of Range Listing Sold $280,000 - $527,500 6 $262,000 - $1,401,000 142 $305,000 - $1,723,000 367 $429,000 - $2,612,000 117 $689,000 - $2,550,000 24 $799,000 - $2,995,000 5
Days on the Market 45 32 32 48 65 15
Average Sale Price $ 359,250 $ 457,334 $ 633,280 $ 847,515 $ 1,249,501 $ 1,314,800
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -1.481% 0.136% 0.710% -3.161% 7.394% 0.969% 2.537% 7.510% 19.867%
Number of Listing Sold 1041 850 1000 748 668 662 714 840 552 661
Days on the Market 58 115 81 92 78 82 82 57 43 36
Average Sale Price $ 477,629 $ 470,555 $ 471,194 $ 474,540 $ 459,539 $ 493,517 $ 498,299 $ 510,939 $ 549,311 $ 658,445 $658,445
$477,629$470,555 $471,194 $474,540 $459,539 $493,517 $498,299
2005
2006
2007
2008
Source: MLSPIN, as of 01/14/2015
2009
2010
2011
$510,939
2012
$549,311
2013
2014
Market statistics
Total Sold - Cambridge, MA Condominiums, 1/1/2014 - 12/31/2014
# of
Price Range $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
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
9 16 42 62 81 144 103 80 33 30 43 12 3 3
32 40 34 31 31 30 33 40 38 32 48 87 230 14
$272,433 $323,531 $378,139 $423,658 $475,053 $547,697 $639,460 $743,703 $837,697 $949,017 $1,210,367 $1,663,460 $2,156,000 $2,719,000
$265,189 $324,361 $369,331 $408,331 $460,459 $528,374 $620,574 $718,858 $808,388 $903,850 $1,158,195 $1,630,833 $2,246,667 $2,713,333
103 100 103 104 104 104 104 104 104 105 105 102 96 101
$267,856 $328,099 $373,429 $411,853 $464,427 $531,333 $626,079 $720,135 $819,785 $904,683 $1,165,753 $1,685,000 $2,378,333 $2,713,333
102 99 102 103 103 104 103 104 103 105 105 99 91 101
661
36
$658,445
$637,308
104
$642,848
103
Source: MLSPIN, as of 01/14/2015
SERVICE@DWELL360.Com | 617-299-1854
Cambridge Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2014 Number of Range Listing Sold 2 Units $635,000 - $1,575,000 45 3 Units $825,000 - $2,200,000 21 4 Units $1,100,000 - $2,935,000 3 5+ Units $821,000 - $7,950,000 7
Days on the Market 35 38 16 66
Average Sale Price $ 1,049,744 $ 1,333,762 $ 1,845,000 $ 2,973,429
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 0.428% -0.303% -6.173% -4.352% 18.472% 4.512% 6.902% 32.900% 5.239%
Number of Listing Sold 105 99 104 50 55 64 60 95 72 76
Days on the Market 65 92 79 98 72 76 74 45 31 38
Average Sale Price $ 803,623 $ 807,064 $ 804,618 $ 754,950 $ 722,094 $ 855,479 $ 894,082 $ 955,795 $ 1,270,249 $ 1,336,796 $1,336,796 $1,270,249
$803,623 $807,064 $804,618 $754,950
2005
2006
2007
2008
Source: MLSPIN, as of 01/14/2015
$855,479 $894,082
$955,795
$722,094
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Cambridge, MA Multifamily Homes, 1/1/2014 - 12/31/2014 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
1 3
30 31
$635,000 $765,000
$699,900 $771,000
91 99
$699,900 $771,000
91 99
$800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999
18 4 35 8
38 42 37 25
$824,861 $934,250 $1,251,371 $1,632,000
$814,483 $905,975 $1,197,911 $1,552,488
102 104 105 106
$828,200 $905,975 $1,219,711 $1,564,988
100 104 104 106
$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
4 1 1 0 1
80 8 34 0 63
$2,170,000 $2,935,000 $3,663,000 $0 $7,950,000
$2,054,975 $2,000,000 $3,499,000 $0 $7,575,000
106 147 105 0 105
$2,104,975 $2,000,000 $3,499,000 $0 $7,575,000
104 147 105 0 105
Total Properties
76
38
$1,336,796
$1,275,503
105
$1,292,738
104
Price Range $600,000 - $699,999 $700,000 - $799,999
Source: MLSPIN, as of 01/14/2015
SERVICE@DWELL360.Com | 617-299-1854
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