Cambridge, Massachusetts


Market Insights

  • Cambridge continued the trend of increasingly inventory stricken with 7% fewer units hitting the market in 2022 over 2021.
  • This lack of inventory meant buyers faced higher prices which rose 10%, homes selling 25% faster in an average of three weeks, and on average homes selling for 101% of their original asking price.
  • The largest development to hit the market was Saint James Place, a 46-unit four story complex with underground parking in the Porter Square neighborhood.
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