Cambridge, MA Real Estate Market Update: July 2026
Summer is usually when the Cambridge market shows its true colors, and July 2026 did not disappoint. Buyers kept competing hard for well priced homes, sellers kept getting paid well above ask in the most desirable pockets, and the numbers tell a clear story about where the energy is right now. Here is what actually happened across single family homes, condos, and multi family properties in Cambridge last month.
The Big Picture
Across all three property types, one theme showed up again and again: homes that were priced right sold fast and sold over asking. The median single family home sold for $2,480,000, condos closed at a median of $1,125,500, and multi family properties changed hands for a median of $2,165,000. Days on market stayed tight across the board, and sale to list price ratios remained strong, especially for single family homes.
If you are trying to buy or sell in Cambridge, the takeaway is simple. This is still very much a seller’s market for anything move in ready, well located, and priced with the current market in mind rather than last year’s comps.
Single Family Homes: Fast, Competitive, and Often Over Ask
Cambridge single family listings continued to move quickly in July. Here is the snapshot:
- 22 single family homes sold
- Median living area: 2,408 square feet
- Median list price: $2,225,000
- Median list price per square foot: $971
- Median days on market: 11.5
- Median days to offer: 7
- Median sale price: $2,480,000
- Median sale price per square foot: $1,045
That gap between median list price and median sale price is the headline here. Homes are routinely closing well above what they were listed for, and a median of just 7 days to offer means buyers need to be ready to move the moment a good listing hits the market.
A few sales stood out. The top single family sale of the month was 175 Coolidge Hill, a 2017 built, nearly 7,000 square foot residence in the Coolidge Hill neighborhood that sold for $6,900,000 after just 13 days on market. On the other end, 32 Bellis Circle, a charming antique single near Porter Square, sold for $1,275,000 in only 9 days, a strong example of how even smaller, character filled homes are attracting quick, competitive offers.
Development potential was also a theme this month. Listings like 410 Franklin Street in Riverside and 1 Chetwynd Road near Porter Square were explicitly marketed around Cambridge’s updated development guidelines, signaling continued investor and builder interest in lots with redevelopment upside.
Condos: The Most Active Segment of the Market
Condos were by far the busiest category in July, with 64 units sold citywide. Here is how the numbers broke down:
- 64 condo listings sold
- Median living area: 1,229.5 square feet
- Median list price: $1,125,000
- Median list price per square foot: $907
- Median days on market: 22
- Median days to offer: 13
- Median sale price: $1,125,500
- Median sale price per square foot: $933
Condos took a bit longer to sell than single family homes, which makes sense given the sheer volume of inventory and the wider range of price points, from a $463,735 studio in Central Square to a $5,600,000 riverfront residence at 975 Memorial Drive. Still, the median sale price landed right around the median list price, which suggests pricing in the condo market is fairly well calibrated to buyer demand right now.
Neighborhoods like East Cambridge, Harvard Square, Porter Square, and Cambridgeport all saw meaningful condo activity. Buildings with strong amenities, private outdoor space, or river views commanded a real premium, while smaller studios and one bedrooms in older elevator buildings tended to sit a bit longer and sell closer to or slightly under list.
Multi Family: Smaller Pool, Strong Numbers for Sellers
Multi family sales were the smallest segment by volume but still told an interesting story:
- 14 multi family listings sold
- Median living area: 2,983.5 square feet
- Median list price: $2,222,500
- Median list price per square foot: $636
- Median days on market: 24.5
- Median days to offer: 16
- Median sale price: $2,165,000
- Median sale price per square foot: $663
Investors and owner occupant buyers were both active here. A two family property at 20 Chalk Street in Cambridgeport sold for $2,925,000 on a prime, redevelopment friendly lot, while a five plus unit building on Harvard Street traded for $2,220,000 with leases that are currently below market value, a detail that points to real upside for the new owner.
Multi family properties generally took a bit longer to find a buyer than single family homes, which tracks with the more specialized pool of buyers looking for income producing real estate. That said, well positioned properties near Kendall Square, Central Square, and MIT continued to draw strong interest.
Where the Demand Is Concentrated
A few neighborhoods showed up repeatedly among July’s fastest and most competitive sales:
Harvard Square and West Cambridge continued to command some of the highest price points in the city, with multiple sales well above $2,000,000 and strong per square foot pricing.
Porter Square and North Cambridge saw a healthy mix of single family homes and condos, with several properties selling in under two weeks.
Riverside and Cambridgeport remained popular with both owner occupants and investors, thanks to proximity to the Charles River, Central Square, and MIT.
East Cambridge stayed active in the condo market, particularly for units with river views, garage parking, or newer construction.
What This Means If You Are Buying or Selling in Cambridge
If you are selling, the July numbers reinforce that pricing strategy matters more than ever. Homes that were priced to reflect current demand sold quickly and often above asking. Overpricing, even slightly, tended to show up as longer days on market and a smaller gap, or even a gap in the wrong direction, between list and sale price.
If you are buying, be prepared to move fast, especially for single family homes under $2,500,000 in walkable, well established neighborhoods. With a median of just 7 days to offer for single family homes, waiting a week to think it over often means the home is already gone.
Final Thoughts
July 2026 confirmed what many Cambridge buyers and sellers have felt all year: inventory that checks the boxes on location, condition, and price does not last. Single family homes led the way in speed and premium over asking, condos remained the most active and accessible entry point into the market, and multi family properties continued to attract serious investor attention despite a smaller pool of listings.
If you are thinking about buying or selling in Cambridge, now is a good time to talk through a strategy that reflects these current market conditions rather than assumptions from a year ago. Reach out anytime if you would like a personalized breakdown of what is happening in your specific neighborhood.
Frequently Asked Questions
What was the median sale price for a single family home in Cambridge, MA in July 2026? The median sale price for single family homes in Cambridge in July 2026 was $2,480,000, with a median price per square foot of $1,045.
How long are homes staying on the market in Cambridge right now? Single family homes had a median of 11.5 days on market and just 7 median days to offer. Condos took a bit longer, with a median of 22 days on market and 13 days to offer. Multi family properties had a median of 24.5 days on market and 16 days to offer.
What is the median condo price in Cambridge, MA? The median condo sale price in Cambridge in July 2026 was $1,125,500, essentially in line with the median list price of $1,125,000.
Are homes in Cambridge selling above asking price? Yes, particularly single family homes, which saw a notable gap between median list price ($2,225,000) and median sale price ($2,480,000), reflecting strong buyer competition.
Which Cambridge neighborhoods were most active in July 2026? Harvard Square, West Cambridge, Porter Square, North Cambridge, Riverside, Cambridgeport, and East Cambridge all saw meaningful sales activity across property types.