Price Cuts Milestone in North Cambridge Real Estate Market

July was the last time there were so many price reductions in the North Cambridge market, with nine reported over the last 30 days. The market also had seven homes change hands. During the same time frame, Central Boston county had the most price reductions of any other close-by neighborhood with 33. The median sales price dropped to $850,000 over the latest reporting period for North Cambridge, down from $995,000. There are only two months of inventory available in North Cambridge, so it's a definite seller's market, even with the decrease in sales.

If you have been waiting for prices to drop, now is your chance to look at these listings in North Cambridge:

$1.1M   $1.1M   $425K  

Get started right now by checking out North Cambridge homes for sale or reviewing North Cambridge real estate trends.

Demographic facts for North Cambridge:

  • The affordability rating here is 26. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 45.3 inches per year. (U.S. average: 36.5)
  • The area's income per capita is $33,377.
  • The area's school rating is 66. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016


Ask a local expert about this area:
Boston Trust Realty Group
5 reviews
Keller Williams Realty
Snapped 1 home in this area
Real Estate Cafe
Snapped 12 homes in this area

Agents that specialize in this area
10 snaps in this area
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