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Cambridge, MA Condominium Prices, Sales Rise November 2011

Cambridge, Massachusetts condominium prices and sales increased in November 2011 compared to November 2010, according to data analyzed by Buyers Brokers Only, LLC.

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Feb. 11, 2012 - The median price and sales of condominiums in Cambridge, Massachusetts increased in November 2011, according to data analyzed by Buyers Brokers Only LLC (http://www.buyersbrokersonly.com), an exclusive buyer agent real estate firm.

The data were compiled using MLS Property Information Network, Inc, a local multiple listing service.

The median price of condominiums increased 1.0 percent in November 2011 compared to the previous year, a difference of $4,000.  Condo sales in Cambridge, MA rose 8.9 percent in November 2011, a difference of four sales compared to the previous year.

Single-family homes sales in Cambridge, MA dropped 7.1 percent in November 2011, a difference of only one sale compared to November 2010. The median price of single-family homes fell 19 percent, a difference of $154,000 compared to November 2010.

Multi-family home sales in Cambridge, MA rose 40 percent in November 2011, a difference of two sales compared to November 2010. The median price of multi-family homes fell 6.7 percent, a difference of $50,000 compared to November 2010.


Cambridge, Massachusetts Market Report
   
                            Sales / Median Price

Condominiums

November 2010 – 45 / $391,000
November 2011 – 49 / $395,000


Single family

November 2010 – 14 / $809.000
November 2011 – 13 / $655,000


Multi family

November 2010 – 5 / $750,000
November 2011 – 3 / $700,000


Search For Homes For Sale In Cambridge, Massachusetts
(http://www.buyersbrokersonly.com/home-listings.htm)

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About Buyers Brokers Only, LLC: Buyers Brokers Only exclusively represents home buyers, providing real estate advice and legal counsel (through our lawyers' law offices) at no additional cost to its clients throughout Massachusetts and New Hampshire.
http://BuyersBrokersOnly.com

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Source:Richard Rosa
Phone:978.835.5906
Address:200 Merrimack Street
:Suite 301
Zip:01830
City/Town:Haverhill - Massachusetts - United States
Industry:Real Estate, Cambridge, Market report
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Shortcut:http://prlog.org/11754525
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