New Growth Trend in Price Cuts for Mid-Cambridge Real Estate Market

The number of price cuts in the Mid-Cambridge market climbed to seven over the last 30 days, furthering a new positive trend. Despite drops in list prices, sales also decreased to five homes sold. The median sales price climbed to $690,000 over the latest reporting period for Mid-Cambridge, up from $640,000. Despite the slip in sales, a relatively low one month of inventory indicates that Mid-Cambridge is a definite seller's market.

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Demographic facts about Mid-Cambridge:

  • The population growth rating is 52. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $11.70/$1,000.
  • The commute times can range from: <15 min (27.4%), 15-29 min (36.5%), 30-44 min (26.2%), 45-59 min (6.5%), >60 min (3.2%).

Data reported through 10/12/2016


Ask a local expert about this area:
Compass Massachusetts, Llc
6 reviews
Point Plus
Snapped 4 homes in this area
Boston Trust Realty Group
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
4 snaps in this area
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