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Cambridge Market Report

Current conditions across 402 active for-sale listings and 105 rentals in Cambridge. Figures below are from live MLS® inventory and reflect asking prices.

Active for sale
402
listings on market
Median asking
$679,900
all property types
Avg. days on market
6
fast-moving market
Median rent
$2,650/mo
105 rentals available

By property type

Cambridge asking prices by property type
Property typeListingsMedian askingAvg. $/sq ftAvg. DOM
Detached59$789,000$5776
Townhouse12$649,900$5035
Condo townhouse9$499,999$4668
Condo apartment4$424,900$3994
Semi-detached3$539,000$4394
Business for sale3$170,000$2015
Retail2$799,900$24112
Vacant land1$895,000$561
Other1$999,900$4005
Multiplex1$1,075,000$7179
Office1$699,900$51712

Based on active listings only. Closed sale prices and sale-to-list ratios are VOW data, available to registered users.

What this means

Inventory in Cambridge is turning over quickly at an average of 6 days on market. Buyers should be pre-approved and ready to view within 48 hours of a listing going live; sellers have leverage on conditions and closing dates.

Remember that a city-wide figure hides a lot. and can behave completely differently in the same month, and condo and detached segments frequently diverge. For a decision that matters, use the numbers for your specific property type in your specific pocket.

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