Apartment Size | Feb | vs Last Month |
---|---|---|
1-bed apartments | $579,000 | -11.3% |
2-bed apartments | $800,000 | -7.7% |
3-bed apartments | $1,520,680 | +10.5% |
4+ bed apartments | $2,340,666 | +2.5% |
During March 2023, the average price for an apartment in/near Central Square, Cambridge, MA increased by 14.3% to $1,851,292.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 11.3% to $579,000. Asking price for 2-bed apartment also decreased by 7.7% and a place of this size will now cost you $800,000. A 3-bed apartment goes for $1,520,680, it increased by 10.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2.5% and made it up to $2,340,666.
Listing Type | Feb | vs Last Month |
---|---|---|
Houses for sale | $2,037,294 | +12% |
Condos for sale | $1,674,341 | +15.6% |
Duplexes for sale | $1,800,000 | +0% |
Price reports demonstrate that house price increased by 12% this month making it up to $2,037,294. Condos are really in demand in this season. The median price for a condo increased by 15.6%, it’s now available for $1,674,341. An average value of duplex is $1,800,000, thus a median price for a duplex remains the same this month.