Cambridge and Somerville Appreciation
Average sale price in 2021 (through May 27th) in both Cambridge and Somerville, Massachusetts is below 2020 average sale price.
Platform
Cambridge & Somerville, MA
Market Snapshots
On a regular basis, I am creating market snapshots about the Cambridge and Somerville real estate markets. I hope that you find these valuable. There is, of course, always more to the story. Reach out at any time for more information. We're here to help you.
Cambridge Market Snapshots
Now For Sale in Cambridge, MA
On May 27, 2021, 110 residential properties listed for sale, including 74 Condos.
See what is now listed for sale in Cambridge, MA.
On market snapshot for Cambridge
110 properties for sale in Cambridge as of May 27, 2021. Similar to a year ago.
When do properties sell in Cambridge, MA
The trend each year is for the number of Cambridge residential sales (condos and singles and multis) to rise in the spring market, and then rise again in the fall. The market in 2021 is more like the 2019 market before the pandemic.
Cambridge Condos - Average Sale Price
Average sale price of a condo in Cambridge in 2021 (through May 27) is below 2020.
Cambridge Single Family Sales in 2021
Average sale price of a single family in Cambridge in 2021 is $2M+.
Cambridge Multis - Average Sale Price
$1.9M+ Average sale price of a multi-family in Cambridge in 2021 is a bit below 2020 average sale price.
Somerville Market Snapshots
Now For Sale in Somerville, MA
As of May 27, 103 residential properties listed for sale in Somerville, MA in MLS. 56% of listings are condos.
On market snapshot for Somerville
On May 27, 2021, there were 92 properties for sale in Somerville - more than on same date in 2020.
When do properties sell in Somerville, MA
The trend each year is for the number of Somerville residential sales (condos and singles and multis) to rise in the spring market, and then rise again in the fall. 2021 is behaving like 2019, as we come out of the pandemic.
Somerville Condos - Average Sale Price
Average sale price of a condo in Somerville as of May 27, 2021 is just below average sale price a year ago.
Somerville Single Family Sales in 2021
Average sale price of a single family in 2021 in Somerville is $1`M+.
Somerville Multis - Average Sale Price
Average sale price of a multi-family in Somerville in 2021 is a couple hundred thousand below average sale price in 2020.
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