Is Cambridgeport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cambridgeport has remained a Seller's Market.
Housing Prices in Cambridgeport, MA
How much do homes in Cambridgeport, MA cost?
Median Sold Price
$1,090,000
$907/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cambridgeport was $1,090,000 in April 2024, down 17% from last year, and the median price per square foot was $907.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $637.5K | $660K | +3.5% |
2 Bedrooms | $1.0M | $953.5K | -9.8% |
3 Bedrooms | $1.5M | $1.5M | +2.3% |
4 Bedrooms | $2.4M | $2.5M | +8.3% |
5+ Bedrooms | $2.2M | $3.0M | +32.7% |
Summary: Cambridgeport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Neighborhoods
Cambridgeport | $1.3M | $1.0M | -17.0% |
Central Square | $1.1M | $882.5K | -21.6% |
Housing Supply in Cambridgeport, MA
How many homes are available in Cambridgeport, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The Cambridgeport real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Cambridgeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Cambridgeport in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Cambridgeport, MA
How long does it take to sell a home in Cambridgeport, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 17 Days | +34.6% |
Summary: Homes in Cambridgeport had an average of 17 days on market in Apr 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Cambridgeport; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.