Cambridge MA Condo Home Sales Statistics For 2nd Quarter 2014

It was another strong quarter for the Cambridge condo market. Units are selling quickly and for significantly more than in previous years. The Cambridge MA condo home sales statistics for 2nd quarter 2014 below details statistics on average sale prices, number of listings sold, and average days on market for the previous few years.

Condo Real Estate Sales for Cambridge MA

2nd Quarter Sale Price

Cambridge MA average selling price for the 2nd quarter increased 13.5 % from $597,195 to $677,787. In the time frame prior to that, it increased 16.6% from $512,184 to $597,195. Prior to that was a 1% change. This shows a gradual incline across the past 4 years.

2009 $418,535
2010 $471,917
2011 $507,091
2012 $512,184
2013 $597,195
2014 $677,787

2nd Quarter Number Of Listings Sold

The Number of listings sold in Cambridge MA for the 2nd quarter decreased -32.59% from 270 to 182. This after it increased 15.38% from 234 to 270. Prior to that was a 5.41% change. The recent drop is different from the pattern from the previous few years.

2009 195
2010 225
2011 222
2012 234
2013 270
2014 182

2nd Quarter Average Days On Market

The Average days on market in Cambridge MA for the 2nd quarter decreased -13.16% from 38 to 33. During the prior period, it decreased -40.63% from 64 to 38. Before that there was a -8.57% change. This is a continuous downward trend over the past few years.

2009 88
2010 74
2011 70
2012 64
2013 38
2014 33

Cambridge MA Condo Home Sales Statistics For 2nd Quarter 2014

For more Cambridge MA condo home sales statistics for 2nd quarter 2014 or information for nearby communities, please contact Scott Beard, REALTOR at Bean Group by calling 617-651-0081 or emailing scott.beard@beangroup.com. Note: These statistics were obtained from third party sources including county records and the MA MLS Property Information Network, Inc. It is meant to offer a general overview of the market, are not guaranteed, and might not necessarily include every condo transferred in Cambridge.

About Scott Beard

Finding the right Realtor can be the difference between a happy, stress-free home buying or selling experience, and an unhappy, stressful experience. That’s why choosing the right Agent to begin with is key. I have helped hundreds upon hundreds of clients during my career and sold over $55 million in properties and look forward to putting my experience to work for you.
Contact me at any time. I look forward to hearing from you.

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