Real Estate Market Report East Cambridge, MA 02141 May 2014
East Cambridge, MA (02141) Real Estate is still in a seller's market. This will continue for remainder of 2014 due to lack of available housing and low interest rates. Like all the real estate market in Boston area suburbs. If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer.
Buyers and investors who have are serious about the Real Estate Market in East Cambridge, MA in May 2014 should now have enough facts to get them started on their real estate journey in this community.
Price Trends - Sold vs. Listed
Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you will have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records. As they become available, the data are updated.
Market Inventory Trends
The number of active listings in East Cambridge (02141) dropped by 27.4% from the previous month. The median number of days active properties have been listed is 39. This is significantly shorter than the national average. The Median Listing Price for homes and condos in East Cambridge, MA in April of 2014 was $515,710. There are 23 Active listing.
The data provided in this report is from Market Insider (MI) published by Market Leader. MI consolidates data from multiple sources and includes current listings, recent sales and more. Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Free Community and Demographic Reports for East Cambridge, MA
Gain valuable insight into the City of Cambridge, MA by looking at household incomes, crime risk, education levels attained of residence, and weather. Use the map to locate points of interest like shopping, restaurants, and health care services. To get more information on Newton Public School system on our website for School Report.
Your East Cambridge, MA Real Estate Specialist
For complete details about all the available Real Estate in East Cambridge, MA and surrounding towns in Metro Boston area follow the link to get the most current East Cambridge Real Estate information.
When you are ready to buy or sell East Cambridge real estate, let us put our experience and expertise to work for you. We stand ready to assist with all your East Cambridge, MA residential needs and look forward to earning your trust and business.
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Century 21 Adams KC
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