Cambridge, Massachusetts is located 2.23 miles northwest of downtown Boston, MA on 6.5 square miles of land. Settled in 1630 and incorporated as a city in 1846, Plan E Proportional Representation is the style of governance. With a population of 105,162 residents, the average household size is 2 persons and median household income is $94,100. Of 47,291 total housing units, 35% are owner-occupied, 65% rented and 5% vacant.  The Fiscal Year 2019 residential tax rate for Cambridge, MA is 5.94%.

Sources: U.S. Census Bureau 2010-2014; City of Cambridge, MA; MLS Pinergy®

Residential Sales: Cambridge, MA

Comparison of Home Sale Prices 2016, 2017, 2018 (January 1 – December 31)

# SoldAvg. Sale $Median Sale $SP:OP
Condo
YE 2016671$820,501$695,000105%
YE 2017610$864,971$750,000105%
YE 2018566$941,906$784,250103%
Single Family
YE 201696$1,750,004$1,452,500104%
YE 201789$1,805,054$1,455,000105%
YE 201884$1,935,212$1,400,000105%
Multi-Family
YE 201691$1,432,416$1,270,000100%
YE 201780$1,842,914$1,470,000104%
YE 201890$1,786,027$1,649,000102%

SP:OP = Sales Price to Original Price Ratio.  Data Source: MLS Pinergy®
©2019 Intellectual property of Tamela Roche, all rights reserved.

Residential Inventory: Cambridge, MA

Number of Homes Listed for Sale 2016, 2017, 2018 (January 1 – December 31)

YE 2016YE 2017YE 2018
Condo:794685638
Single-Family:148122148
Multi-Family116110139

Data Source: MLS Pinergy®
©2019 Intellectual property of Tamela Roche, all rights reserved.


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