Boston, Cambridge, and Somerville share a collective population of just under 1,000,000 people across 40+ neighborhoods. In this market report, we present key market statistics and explore what these figures could mean to buyers, sellers, renters, and investors.
Sellers in the Greater Boston area and across the nation continue to sit comfortably in the current housing market. Listing prices for single-family homes in Boston and Somerville rose month-over-month from April while those in Cambridge dropped an average of $458,000. Condo asking prices rose across the board for all three cities, the most expensive appearing in Cambridge.
For more information, download our May Market Report here.
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