Cambridge and Somerville Appreciation
Average sale price in 2022 (through June 14, 2022) in both Cambridge and Somerville, Massachusetts is above the 2021 average sale price in both cities.
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.
Average sale price in 2022 (through June 14, 2022) in both Cambridge and Somerville, Massachusetts is above the 2021 average sale price in both cities.
On June 14, 2022, 141 residential properties listed for sale, including XX Condos.
See what is now listed for sale in Cambridge, MA.
141 properties for sale in Cambridge as of June 14, 2022. Inventory overall similar to a year ago.
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 2022 is behaving so far like the market in 2021.
Average sale price of a condo in Cambridge in 2022 (through June 14) is above the 2021 average sale price.
Average sale price of a single family in Cambridge in 2022 is $2.5M+.
$2.1M+ Average sale price of a multi-family in Cambridge in 2022 through 6.14.22 is nearly the same as in 2021.
As of June 14, 2023, 137 residential properties listed for sale in Somerville in MLS. More than half of the listings are condos. See what's now listed for sale in Somerville, MA.
More for sale in Somerville on June 14, 2022 than a year ago. Mostly condos for sale.
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. The shape of 2022 like that of 2021 through end of May 2021, but with fewer sales in 2022.
Average sale price of a condo in Somerville as of June 14, 2022 is above the average in 2021.
Through June 14, 2022, the average sale price of a multi-family in Somerville is up 13% over 2021.
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