February 2020
According to the 2019 Profile and Home Buyers and Sellers conducted by the National Association of Realtors®; home sellers in 2019 owned their homes for 10 years on average. The chart below exhibits 10 year trends for Condominium and Single Family average sale prices in Cambridge, MA from 1999 – 2009 and 2009 – 2019:…
According to the 2019 Profile of Home Buyers and Sellers conducted by the National Association of Realtors®, the typical home seller in 2019 was 57 years old with median household income of $102,900. Highlights below include the primary reasons for selling, the median sale price percentage and the median time on market. Home sellers typically…
According to the 2019 Profile of Home Buyers and Sellers conducted by the National Association of Realtors®, the typical home buyer in 2019 was 47 years old with median household income of $93,200. Of all the home buyers who participated in the survey, 33% purchased a home for the first time which was the same…
From 2018 to 2019 in Medford, MA the average sale prices for Condominiums increased 1% to $551,785; increased 4% to $655,070 for Single Family homes, and decreased 1% to $846,758 for Multi-Family homes. Market trends only come into focus when we consider changes over the short term and long term. Medford Condo Sale Price History…
From 2018 to 2019 in Belmont, MA the average sale prices for Condominiums increased 7% to $761,818; decreased 1% to $1,276,055 for Single Family homes; and decreased 8% to $959,011 for Multi-Family homes. Market trends only come into focus when we consider changes over the short term and long term. Belmont Condo Sale Price History…
From 2018 to 2019 in Arlington, MA the average sale prices for Condominiums increased 5% to $647,726; increased 2% to $916,393 for Single Family homes; and decreased 1% to $1,001,809 for Multi-Family homes. Market trends only come into focus when we consider changes over the short term and long term. Arlington Condo Sale Price History…
From 2018 to 2019 in Somerville, MA the average sale prices for Condominiums increased 1% to $787,359; increased 5% to $973,717 for Single Family homes; and increased 8% to $1,305,309 for Multi-Family homes. Market trends only come into focus when we consider changes over the short term and long term. Somerville Condo Sale Price History…
From 2018 to 2019 in Cambridge, MA average sale prices for Condominiums decreased 1% to $935,272; increased 6% to $2,049,733 for Single Family homes; and increased 18% to $2,114,933 for Multi-Family homes. Market trends only come into focus when we consider changes over the short term and long term. Cambridge Condo Sale Price History From…
Owning a home is a keystone of wealth… both financial affluence and emotional security.