The real estate market in Cambridge, Massachusetts, showed a sharp increase in single-family home prices and a simultaneous decline in condominium prices in February 2026, according to the Massachusetts Association of Realtors.
Both houses and condos saw year-over-year sales increases and declines in inventory in February.
Cambridge Single Family Homes (February 2026)
Median Sales Price: Homebuyers needed more than $3 million to buy a median-priced home in Cambridge, MA. The median price reached $3,512,500 in February, up 24 percent from $2,837,500 in February 2025.
Closed Sales: Year-over-year sales rose by one to six in February.
Inventory of Homes for Sale: The supply of single-family homes slipped to 13 in February, two fewer than in February 2026.
Months Supply of Inventory: There was 1.4 months of supply, a 17.6 percent decrease from 1.7 months in February 2025.
Percent of Original List Price Received: Tight inventory led to increased competition for single-family homes. Home buyers paid 103 percent of the original listing price on average, up from 96 percent in February 2025.
Cambridge Single Family Homes (January through February)
Median Sales Price: Through February, the median price reached $2,575,000, up 22 percent from $2,107,500 during the same two-month period in 2025
Closed Sales: Home buyers purchased 11 houses through February, one fewer than the same period last year.
Percent of Original List Price Received: On average, home buyers paid 101 percent of the original listing price, up from 100 percent last year.
Cambridge Condominiums (February 2026)
Median Sales Price: The median condo price fell by $139,500 to $782,500 in February, a 15 percent decrease from $922,000 in February 2025.
Closed Sales: Home buyers purchased 26 units in February, a 30 percent rise from 20 in February 2025.
Inventory of Homes for Sale: There were 89 condominiums on the market, down 5 percent from 94 units in February 2025.
Months Supply of Inventory: The months of supply remained flat at 2.2 months in February, down from 2.4 months in February 2025.
Percent of Original List Price Received: Home buyers paid, on average, about 96 percent of the original list price, a slight decrease from 98 percent.
Cambridge Condos (January through February)
Median Sales Price: $855,000, down 2.8 percent from $880,000 during the same two-month period in 2025
Closed Sales: Sales were flat year over year in February, rising by one to 50 units.
Percent of Original List Price Received: On average, home buyers paid 95 percent of the original listing price, down from 97 percent during the first two months of 2025.
Bottom Line: The divergent paths of the single-family and condominium sectors in Cambridge highlight the need for in-depth localized market data. In a dynamic market like Cambridge, sales and prices can shift quickly. A loyal and dedicated exclusive buyer agent can help you navigate tight inventory and multiple-offer situations in Cambridge’s fast-paced real estate market.
Pro Tip: About five months of inventory is considered a balanced market between home buyers and sellers [more home-buying tips].
