Cambridge and Somerville, MA Market Snapshots

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 and Somerville Appreciation

Average sale price in 2021 (through Sept. 7, 2021) in both Cambridge and Somerville, Massachusetts is below 2020 average sale price.

Cambridge Market Snapshots

Now For Sale in Cambridge, MA

On Sept. 7, 2021, 90 residential properties listed for sale, including 63 Condos.
See what is now listed for sale in Cambridge, MA.

On market snapshot for Cambridge

90 properties for sale in Cambridge as of Sept. 7, 2021. Inventory down 30% compared to same date one 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 Sept. 7) is bit below 2020 average sale price..

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 nearly the same as a year ago.

Somerville Market Snapshots

Now For Sale in Somerville, MA

As of Sept. 7, 120 residential properties listed for sale in Somerville, MA in MLS. More than half of the listings are condos.

On market snapshot for Somerville

On Sept., 2021, there were 120 properties for sale in Somerville - 26 fewer properties than were on the market on the same date in 2020. Notable that average list price is up by $400,000+.

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.