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Median Market Rate Housing Prices: 1990 to 2005
| Year | Single Family1 | Two Family1 | Condominiums1 |
|---|---|---|---|
| 1990 | $240,000 | $250,000 | $168,300 |
| 1991 | $253,000 | $230,000 | $160,000 |
| 1992 | $261,000 | $240,000 | $160,000 |
| 1993 | $277,000 | $242,000 | $160,000 |
| 1994 | $305,000 | $235,000 | $169,000 |
| 1995 | $275,250 | $263,000 | $159,000 |
| 1996 | $321,000 | $279,000 | $170,500 |
| 1997 | $347,500 | $301,000 | $177,500 |
| 1998 | $359,500 | $391,500 | $209,000 |
| 1999 | $425,000 | $412,000 | $252,000 |
| 2000 | $525,000 | $457,500 | $302,500 |
| 2001 | $540,000 | $575,000 | $335,000 |
| 2002 | $649,500 | $619,750 | $359,750 |
| 2003 | $660,000 | $611,250 | $359,000 |
| 2004 | $647,000 | $652,250 | $375,000 |
| 2005 | $725,000 | $709,000 | $419,500 |
| 1. These numbers are not constructed using the same methods as Banker & Tradesman and cannot be used to make valid comparisons with figures reported by that publication. Note that all cost figures are unadjusted for inflation | |||
| Sources: Cambridge Revaluation Office, 2006; Cambridge Community Development Department, 2006. | |||
Click
here for an explanation of How sales and median price figures were derived.
For More Information
For more information about socioeconomic and demographic statistics about Cambridge, please contact Cliff Cook, ccook@cambridgema.gov, Planning Information Manager, at 617/349-4656. The Community Development Department TTY line is 617/349-4621.
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