Cambridge Condo Market Report – 1st Quarter 2014

Cambridge Condo Market April 2014Cambridge Summary: The Cambridge condo market continues to struggle in every category. However, the inventory value is only 0.5% below what it was a year ago at 42 million+/- with 15% less homes available. March pending sales were down 23%.

Cambridge Condo Sales Chart  April 20114

The sales volume year to date for the first quarter was down 23 million in value -23% from the same time last year. The first quarter  average days on market were 39 . Average unit size was 1,035 square feet with an average sale price of $663,656. The average price per square foot – $614.

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