Cambridge One Bedroom Condo Market Update

By
Real Estate Agent

First-time buyers looking across the river from Boston to Cambridge didn't see much price relief over the past 6 years.

Looking back in the January 1, 2007 - March 1, 2007 timeframe we saw that the average sale price of one bedroom condos was $363K. Fast forward to 2013 and add 20% and that is where you find the average one bedroom condo in 2013 - priced at $436K.

Given high demand and low interest rates we are definitely going to see a very competitive market in the Spring 2013 time-frame. Make sure you are working with a buyer agent, like Buyer Agents of Boston, that is versed in competitive and multiple bid situations.

Posted by

Gary Dwyer, CRS, GRI, ABR, REALTOR

Buyer Agents of Boston, LLC - Exclusive Buyer Agents Serving Greater Boston

806 Tremont St, #2

Boston, MA  02118

garydwyer@yahoo.com

617 997-5570 - Voice

617 507-8104 - Fax

Register To Use The Powerful Property Search Program At www.BuyerAgentsOfBoston.com

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cambridge buyer agent
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cambridge condo update
cambridge real estate trends

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Rainmaker
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Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Sounds like the market for 2013 improving rapidly!

Thanks for sharing. 

Apr 09, 2013 07:52 AM #1
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Rainer
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Gary Dwyer

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