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Dwell360 has published this report on the residential real estate market statistics for 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004, and 2003 for the Cambridge Massachusetts. The market statistics include residential sales averages for single family homes, condominiums, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.
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Single Family, Condominiums, and Multifamily Homes
Year End 2012
Cambridge, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Bed $300,000 - $1,040,000 27 48 553,069$
3 Bed $414,000 - $1,256,000 45 51 756,308$
4 Bed $637,260 - $3,100,000 26 61 1,471,770$
5 Bed $645,000 - $3,740,000 22 58 1,957,955$
6 Bed $1,500,000 - $3,000,000 8 33 2,066,250$
7+ Bed $1,385,000 - $3,150,000 5 42 2,422,400$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 163 84 990,997$
2004 1.695% 192 84 1,007,794$
2005 8.499% 162 97 1,093,443$
2006 -2.511% 148 110 1,065,982$
2007 -4.830% 133 96 1,014,498$
2008 11.858% 109 85 1,134,794$
2009 -4.862% 110 86 1,079,621$
2010 6.369% 129 72 1,148,386$
2011 -6.405% 114 69 1,074,837$
2012 11.190% 133 52 1,195,111$
Source: MLSPIN, as of 01/30/2013
Cambridge Statistics
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
Single Family Homes
$990,997 $1,007,794 $1,093,443 $1,065,982
$1,014,498
$1,134,794 $1,079,621
$1,148,386 $1,074,837
$1,195,111
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Single Family, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$300,000 - $349,999 2 175 $307,500 $304,500 101 $339,500 92
$350,000 - $399,999 4 48 $374,813 $354,975 106 $361,725 104
$400,000 - $449,999 4 127 $422,225 $443,700 95 $475,725 89
$450,000 - $499,999 6 34 $472,250 $445,800 107 $450,800 106
$500,000 - $599,999 13 38 $541,077 $525,231 104 $527,538 103
$600,000 - $699,999 17 46 $638,293 $640,335 100 $655,224 99
$700,000 - $799,999 11 66 $756,955 $744,182 102 $758,909 101
$800,000 - $899,999 11 47 $853,477 $838,800 102 $853,809 101
$900,000 - $999,999 5 35 $935,200 $918,600 102 $943,600 100
$1,000,000 - $1,499,999 25 43 $1,266,394 $1,261,360 101 $1,289,320 99
$1,500,000 - $1,999,999 12 33 $1,701,417 $1,655,583 103 $1,684,333 102
$2,000,000 - $2,499,999 11 95 $2,172,273 $2,303,182 94 $2,383,636 91
$2,500,000 - $2,999,999 6 61 $2,784,500 $2,861,667 97 $3,045,000 93
$3,000,000 - $3,999,999 6 16 $3,226,417 $3,008,000 109 $3,008,000 109
Total Properties 133 52 $1,195,111 $1,189,113 101 $1,219,333 100
Source: MLSPIN, as of 01/30/2013
Price Range
Total Sold - Cambridge, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
0 Bed $189,000 - $375,000 20 40 276,870$
1 Bed $187,500 - $1,285,000 254 57 377,889$
2 Bed $200,000 - $1,400,000 428 58 495,430$
3 Bed $245,000 - $3,300,000 123 55 779,111$
4 Bed $549,000 - $3,350,000 12 33 1,311,933$
5 Bed $805,000 - $2,430,000 3 20 1,350,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 749 64 411,313$
2004 6.109% 831 51 436,439$
2005 9.438% 1041 58 477,629$
2006 -1.481% 850 115 470,555$
2007 0.136% 1000 81 471,194$
2008 0.710% 748 92 474,540$
2009 -3.161% 668 78 459,539$
2010 7.394% 662 82 493,517$
2011 0.969% 714 82 498,299$
2012 2.537% 840 57 510,939$
Source: MLSPIN, as of 01/30/2013
Cambridge StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
$411,313 $436,439
$477,629 $470,555 $471,194 $474,540 $459,539 $493,517 $498,299 $510,939
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$150,000 - $199,999 3 35 $190,467 $194,933 98 $192,933 99
$200,000 - $249,999 35 72 $225,736 $231,554 98 $235,803 96
$250,000 - $299,999 40 66 $276,930 $280,425 99 $285,127 97
$300,000 - $349,999 97 57 $326,074 $330,794 99 $332,197 98
$350,000 - $399,999 119 53 $372,567 $375,945 99 $379,229 98
$400,000 - $449,999 133 60 $424,117 $432,176 98 $434,908 98
$450,000 - $499,999 109 46 $471,169 $470,677 100 $477,687 99
$500,000 - $599,999 144 46 $542,612 $546,592 99 $549,655 99
$600,000 - $699,999 45 83 $641,598 $644,989 100 $654,200 99
$700,000 - $799,999 33 49 $747,564 $752,627 99 $758,445 99
$800,000 - $899,999 33 79 $837,845 $838,361 100 $847,482 99
$900,000 - $999,999 16 68 $941,016 $932,188 101 $942,813 100
$1,000,000 - $1,499,999 23 62 $1,234,554 $1,250,609 99 $1,268,043 98
$1,500,000 - $1,999,999 4 22 $1,711,250 $1,748,750 98 $1,748,750 98
$2,000,000 - $2,499,999 3 18 $2,255,833 $2,148,333 105 $2,148,333 105
$2,500,000 - $2,999,999 1 11 $2,870,000 $2,850,000 101 $2,850,000 101
$3,000,000 - $3,999,999 2 67 $3,325,000 $3,397,500 98 $3,700,000 91
Total Properties 840 57 $510,939 $514,898 99 $520,267 98
Source: MLSPIN, as of 01/30/2013
Total Sold - Cambridge, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $400,000 - $2,320,000 58 42 870,466$
3 Units $532,000 - $1,451,000 25 34 992,480$
4 Units $740,000 - $1,550,000 8 80 1,103,313$
5-6 Units$925,000 - $3,000,000 4 78 1,668,750$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 81 57 729,302$
2004 3.884% 122 56 757,631$
2005 6.071% 105 65 803,623$
2006 0.428% 99 92 807,064$
2007 -0.303% 104 79 804,618$
2008 -6.173% 50 98 754,950$
2009 -4.352% 55 72 722,094$
2010 18.472% 64 76 855,479$
2011 4.512% 60 74 894,082$
2012* 6.902% 95 45 955,795$
Source: MLSPIN, as of 01/30/2013
*2012 data includes only multifamily properties that sold for $3,000,000 or less.
Cambridge StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2012*
Historical Average Sale Price - Past 10 Years
$729,302 $757,631 $803,623 $807,064 $804,618
$754,950 $722,094
$855,479 $894,082 $955,795
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012*
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2012 - 12/31/2012*
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$400,000 - $449,999 3 64 $406,667 $408,133 100 $427,967 96
$450,000 - $499,999 2 131 $474,875 $469,000 101 $494,000 97
$500,000 - $599,999 11 81 $543,773 $525,718 104 $540,718 103
$600,000 - $699,999 9 24 $646,822 $622,267 104 $625,600 104
$700,000 - $799,999 7 65 $749,036 $753,857 100 $764,429 99
$800,000 - $899,999 15 30 $856,767 $846,393 102 $854,393 101
$900,000 - $999,999 16 22 $926,438 $915,675 102 $926,300 101
$1,000,000 - $1,499,999 24 46 $1,192,879 $1,157,554 104 $1,166,533 103
$1,500,000 - $1,999,999 5 53 $1,555,000 $1,501,000 104 $1,541,000 102
$2,000,000 - $2,499,999 2 11 $2,253,000 $2,100,000 107 $2,100,000 107
$2,500,000 - $2,999,999 0 0 $0 $0 0 $0 0
$3,000,000 - $3,999,999 1 24 $3,000,000 $2,949,900 102 $2,949,900 102
Total Properties 95 45 $955,795 $932,691 103 $944,101 102
Source: MLSPIN, as of 01/30/2013
*2012 data includes only multifamily properties that sold for $3,000,000 or less.
Total Sold - Cambridge, MA
Price Range
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617-299-1854
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