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Cambridge Condo Values Are Up Despite More Listings

Travers Peterson

Travers Peterson combines his extensive expertise of the real estate market with a personal commitment to guiding each of his clients through their un...

Travers Peterson combines his extensive expertise of the real estate market with a personal commitment to guiding each of his clients through their un...

Jun 16

Cambridge Condo Values Are Moving Differently Than Inventory

Cambridge homeowners are looking at a market that is not moving in one simple direction. As of June 16, 2026, Cambridge condo inventory rose from 141 active listings last year to 151 this year. That is a 7.1% year-over-year increase.

At the same time, Cambridge condo average sale price rose from $519,426 to $557,003. That is a 7.2% year-over-year increase. In a market that includes Harvard Square, Central Square, Kendall Square, Porter Square, Alewife, Cambridgeport, Mid-Cambridge, and East Cambridge, that combination matters.

More inventory usually gives buyers more options. But the Cambridge condo data shows that more options have not automatically translated into lower closed-sale pricing. For a homeowner, that makes a current valuation more important, not less important.

Analysis by Travers Peterson, Coldwell Banker. Source: MLS PIN, as of June 16, 2026.

Key Takeaways
  • Cambridge condo active listings rose from 141 to 151, up 7.1% year over year.
  • Cambridge condo average sale price rose from $519,426 to $557,003, up 7.2% year over year.
  • Cambridge condo closed sales moved from 109 to 107, down 1.8% year over year.
  • Cambridge condo average days on market rose from 35 to 43, up 22.9% year over year.
  • Cambridge condo average sale price as a percentage of original list price moved from 100.47% to 98.82%, down 1.7 points.

What's Changing In The Market

The main change in Cambridge condos is the mix of more supply and higher closed-sale pricing. Active listings rose from 141 to 151, a 7.1% increase. That means a homeowner coming to market now is not entering the same inventory environment as last year.

But closed-sale pricing did not move down in the same period. Average sale price rose from $519,426 to $557,003, up 7.2%. That is the number homeowners should pay close attention to because it reflects actual closed sales, not just asking prices.

Closed condo sales were nearly flat, moving from 109 to 107, down 1.8%. Average days on market rose from 35 to 43, up 22.9%. So the market is not simply faster or slower across every measure. It is more selective. Homes can still sell at higher average prices, but timing and pricing discipline matter more when buyers have more choices.

The sale-to-list data supports that reading. Cambridge condo average sale price as a percentage of list price moved from 101.52% to 100.35%, down 1.2 points. Average sale price as a percentage of original list price moved from 100.47% to 98.82%, down 1.7 points. That means initial positioning is carrying more weight.

Market Breakdown By Segment

For Cambridge single-family homes, active listings rose from 34 to 41, up 20.6%. Closed sales were unchanged at 42. Average sale price rose from $2,862,617 to $2,887,619, up 0.9%. Average days on market fell from 49 to 39, down 20.4%, and average days to offer fell from 34 to 24, down 29.4%.

For Cambridge condos, active listings rose from 141 to 151, up 7.1%. Closed sales moved from 109 to 107, down 1.8%. Average sale price rose from $519,426 to $557,003, up 7.2%. Average days on market rose from 35 to 43, up 22.9%.

For Cambridge multi-family homes, active listings rose from 20 to 29, up 45.0%. Closed sales moved from 21 to 19, down 9.5%. Average sale price moved from $1,179,090 to $1,092,211, down 7.4%. Average days on market rose from 28 to 33, up 17.9%.

Somerville shows why homeowners should not treat the whole inner-core market as one number. Somerville condo active listings rose from 74 to 121, up 63.5%, while average condo sale price moved from $965,804 to $968,324, up 0.3%. That points to a market where inventory has expanded, but closed pricing has stayed close to last year's level.

What This Means For Homeowners

If you own a Cambridge condo, the headline is not simply that there are more listings. The more useful question is how your home compares with what buyers can choose from right now.

A 7.2% increase in average sale price is meaningful. But the 22.9% increase in average days on market and the 1.7-point drop in sale price as a percentage of original list price also matter. Together, those numbers show that pricing power still exists, but it is not automatic.

For someone who has owned for several years, this is a good moment to check current position. The value of a Cambridge condo near Central Square, Harvard Square, Kendall Square, Alewife, or the Red Line corridor depends on the competition at the time of listing, the condition of the unit, the building profile, and the pricing band. The area-wide data gives direction. A home-specific value check gives context.

What The Data Says About Timing

The timing data is mixed, which is why broad assumptions can be misleading. Cambridge condo average days on market rose from 35 to 43. That is an increase of 22.9%. Average days to offer rose from 23 to 29, up 26.1%.

That does not mean the market stopped. Cambridge condo closed sales were down only 1.8%, moving from 109 to 107. Average sale price was up 7.2%. The better read is that buyers are still transacting, but they are taking more time and comparing more options.

For Cambridge single-family homes, the timing picture is different. Average days to offer fell from 34 to 24, down 29.4%. That segment had the same number of closed sales as last year and a 0.9% increase in average sale price. That is why property type matters when interpreting Cambridge MA home values.

How To Track Your Home's Position

The most useful step is to compare your home against the current active and recently closed set. In Cambridge, that means looking beyond one citywide number and accounting for property type, location, size, condition, building style, parking, outdoor space, and proximity to the Red Line, Harvard Square, Central Square, Kendall Square, Porter Square, and Alewife.

The data shows that Cambridge condo values are not moving in a straight line with inventory. Active condo listings rose 7.1%, but average condo sale price rose 7.2%. That is exactly the kind of market where a current valuation can clarify whether your home is gaining position, holding steady, or facing more competition.

Frequently Asked Questions

Are Cambridge MA home values going up in 2026?

For Cambridge condos, average sale price rose from $519,426 to $557,003, up 7.2% year over year. For Cambridge single-family homes, average sale price rose from $2,862,617 to $2,887,619, up 0.9%.

Is Cambridge condo inventory increasing?

Yes. Cambridge condo active listings rose from 141 to 151 as of June 16, up 7.1% year over year. That gives buyers more choices across Cambridge buildings and neighborhoods.

Does more inventory mean lower Cambridge condo values?

Not in the current Cambridge condo data. Active listings rose 7.1%, but average sale price also rose 7.2%. That means the impact depends on how a specific home compares with current competition.

Are Cambridge condos taking longer to sell?

Yes. Cambridge condo average days on market rose from 35 to 43, up 22.9% year over year. Average days to offer rose from 23 to 29, up 26.1%.

How are Cambridge single-family homes performing?

Cambridge single-family closed sales were unchanged at 42, while average sale price rose 0.9%. Average days to offer fell from 34 to 24, down 29.4%.

How are Cambridge multi-family homes performing?

Cambridge multi-family active listings rose from 20 to 29, up 45.0%. Average sale price moved from $1,179,090 to $1,092,211, down 7.4%.

How does Somerville compare with Cambridge?

Somerville condo inventory rose more sharply, from 74 to 121 active listings, up 63.5%. Somerville condo average sale price moved from $965,804 to $968,324, up 0.3%.

What matters most for a Cambridge homeowner right now?

The key issue is current position. Cambridge condo inventory is up 7.1%, but average sale price is also up 7.2%, so homeowners need to compare their property against today’s active and recently closed set.

Should I use citywide Cambridge data to price my home?

Citywide data is a starting point, not a final price. A condo near Kendall Square, Harvard Square, Central Square, Porter Square, or Alewife may compete against a different set of listings than another Cambridge property type.

How can I check my Cambridge home's current value?

Start with a current home value review that compares your property with active competition and recent closed sales. In this market, that is important because inventory and pricing are moving at the same time.

See your current home value position