Observer
Town report

Cambridge

Cambridge has 238 homes for sale. 42% of them have cut their price, against 45% statewide. Over the past 12 months, condos went under agreement in a median 14 days, and 45% sold at or above their first asking price.

42%
of homes for sale have cut their price
47
days on the market, typical listing now
47%
of homes sold in the past 12 months went at or above the first asking price

2 in 5 sellers in Cambridge have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Cambridge ranks 149 of 230, where 1 has the most cuts.

Cambridge42%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Condos are selling just under the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Condos

100.0%
Oct 2025Oct 2026

Single-family

108.6%
Oct 2025Oct 2026

Multi-family

92.7%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthCondosSingle-familyMulti-family
October 2025100.0% (42 sales)103.6% (18 sales)95.8% (9 sales)
November 202597.3% (39 sales)100.4% (9 sales)93.8% (7 sales)
December 202596.7% (45 sales)96.0% (9 sales)100.1% (9 sales)
January 202696.2% (24 sales)96.4% (5 sales)94.7% (7 sales)
February 202696.8% (26 sales)95.0% (6 sales)– (4 sales)
March 202697.8% (22 sales)– (1 sales)95.6% (5 sales)
April 2026100.3% (38 sales)100.0% (13 sales)100.0% (5 sales)
May 2026100.0% (72 sales)104.2% (11 sales)100.0% (5 sales)
June 2026100.0% (84 sales)99.4% (18 sales)97.0% (10 sales)
July 202698.7% (64 sales)103.5% (22 sales)101.4% (14 sales)
August 202699.7% (56 sales)98.1% (11 sales)– (4 sales)
September 202697.1% (22 sales)90.2% (6 sales)96.8% (7 sales)
October 2026100.0% (49 sales)108.6% (7 sales)92.7% (11 sales)

Cambridge has 20% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 20 weeks to go under agreement.

Homes for sale

250125
237
Aug 3Oct 26

Offers accepted

2513
7
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 319859
Aug 10202918
Aug 17199109
Aug 2419196
Aug 3116585
Sep 7207856
Sep 142331548
Sep 212482239
Sep 282442139
Oct 52371413
Oct 122391020
Oct 192421724
Oct 26237726

Offers come fastest in Cambridgeport: 7 days, against 31 in East Cambridge.

Median days from listing to accepted offer, condos sold in the last 12 months. Areas with 30 or more sales.

  • Cambridgeport7 days37 sales · median $1.27M · 73% at or above first ask
  • Mid Cambridge7 days39 sales · median $1.1M · 67% at or above first ask
  • Harvard Square29 days56 sales · median $925K · 39% at or above first ask
  • East Cambridge31 days40 sales · median $830K · 20% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
AreaSalesDays to offerAt or above first askMedian price
Cambridgeport37773%$1.27M
Mid Cambridge39767%$1.1M
Harvard Square562939%$925K
East Cambridge403120%$830K

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Condos$950K542 sales · 14 days to offer · 45% at or above first ask
  • Single-family$2.42M118 sales · 9 days to offer · 54% at or above first ask
  • Multi-family$2.18M89 sales · 21 days to offer · 45% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Condos542$950,0001436%45%
Single-family118$2,425,000942%54%
Multi-family89$2,180,0002128%45%

A typical two-bedroom in Cambridge leases for $3,800 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • Studio$2,450Middle half $2,200–$2,750 · 102 leases
  • 1 bed$3,000Middle half $2,650–$3,255 · 449 leases
  • 2 beds$3,800Middle half $3,300–$4,300 · 551 leases
  • 3 beds$4,650Middle half $4,000–$5,850 · 258 leases
  • 4+ beds$6,400Middle half $5,300–$8,250 · 103 leases
1,463 leases; 79% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
Studio102$2,450$2,200–$2,75032
1 bed449$3,000$2,650–$3,25537
2 beds551$3,800$3,300–$4,30034
3 beds258$4,650$4,000–$5,85043
4+ beds103$6,400$5,300–$8,25042

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.