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Q: Simplified: Property values in Cambridge, MA: median prices ( Answered,   0 Comments )
Question  
Subject: Simplified: Property values in Cambridge, MA: median prices
Category: Business and Money
Asked by: rhcp-ga
List Price: $60.00
Posted: 06 Sep 2006 12:06 PDT
Expires: 06 Oct 2006 12:06 PDT
Question ID: 762778
I posted the following question a little while ago, but haven't gotten
any bites. I think I may have been too specific about what I was
asking for, so I thought it would be a good idea to repost it offering
that if there are parts of the answer that you think would be too much
of a pain, just tell me, and we can negotiate them out of the
question.

I am looking for time series data for property values in the Cambridgeport 
neighborhood in Cambridge, MA. I would like national, state, and city
or metro (ideally both) median prices going back as far as possible.
Other quantiles other than the median would be helpful but aren't
necessary.

Also, the following websites might be helpful:
http://www.marealtor.com/
and
http://www.thewarrengroup.com/
Suggestions on where to find the good info on these websites would be most welcome.

Thank you!

Request for Question Clarification by silviares-ga on 08 Sep 2006 12:39 PDT
Hello rhcp-ga

I have found the median sales price for every year going back to 1988
for Cambridge. The table has median sales prices for "single family
homes", "condos" and "all sales". But this is Cambridge as a whole,
not only Cambridgeport ....

Let me know if this could be of interest
silviares

Request for Question Clarification by silviares-ga on 08 Sep 2006 12:48 PDT
Hello again 
I have also found the average selling price for the state ...

Clarification of Question by rhcp-ga on 08 Sep 2006 12:59 PDT
um, do you have data for nearby cities, like somerville, etc.? (don't
look for it; I'm just curious)
Answer  
Subject: Re: Simplified: Property values in Cambridge, MA: median prices
Answered By: silviares-ga on 08 Sep 2006 17:28 PDT
 
Hello rhcp-ga

I am going to give you all the data I have found for Cambridge and
Somerville and for Massachusetts as a whole. If this is not enought
just post a clarification request and I will look further.
If you need any other nearby city just name them and I will look.

Silviares

Town Name: CAMBRIDGE, MA 
Type of Statistic: Median Sales Price
Time Period Selected: Calendar Year 

Year Months    1-Fam    Condo  All Sales 
2006 Jan - Jul 805,000 408,000 450,450 
2005 Jan - Dec 717,500 417,500 455,250 
2004 Jan - Dec 615,000 375,000 422,000 
2003 Jan - Dec 630,000 353,875 389,000 
2002 Jan - Dec 587,500 343,750 387,436 
2001 Jan - Dec 516,250 329,000 359,900 
2000 Jan - Dec 475,000 299,000 335,950 
1999 Jan - Dec 392,500 249,000 289,250 
1998 Jan - Dec 356,750 207,500 245,000 
1997 Jan - Dec 320,000 174,000 203,000 
1996 Jan - Dec 300,000 170,000 193,000 
1995 Jan - Dec 260,000 148,000 175,000 
1994 Jan - Dec 240,000 154,950 170,000 
1993 Jan - Dec 235,000 150,000 167,000 
1992 Jan - Dec 238,333 150,000 168,400 
1991 Jan - Dec 193,750 155,000 165,000 
1990 Jan - Dec 210,000 158,000 175,000 
1989 Jan - Dec 242,500 139,000 165,000 
1988 Jan - Dec 236,000 163,000 180,000 


Town Name: SOMERVILLE, MA 
Type of Statistic: Median Sales Price
Time Period Selected: Most Recent Month Available 
Year Months 1-Family Condo All Sales 
2006 Jul 398,000 339,000 371,000 
2005 Jul 445,863 357,000 410,250 
2004 Jul 402,500 342,500 400,500 
2003 Jul 392,500 342,500 409,000 
2002 Jul 307,500 324,450 367,500 
2001 Jul 311,250 278,750 337,250 
2000 Jul 277,500 239,000 327,000 
1999 Jul 199,250 219,500 269,000 
1998 Jul 198,000 149,500 230,000 
1997 Jul 196,000 139,250 189,000 
1996 Jul 167,450 117,000 169,750 
1995 Jul 118,500 87,450 142,000 
1994 Jul 123,000 0 132,900 
1993 Jul 90,000 85,875 118,750 
1992 Jul 126,000 40,000 145,750 
1991 Jul 135,000 123,000 165,000 
1990 Jul 201,000 0 210,000 
1989 Jul 159,500 166,000 193,750 
1988 Jul 169,500 123,500 180,000 


Statistical Review of Massachusetts Single-Family Housing Market
(Detached Single-family Homes and Condominiums)
The colums are
Year 
Annual Residential Sales Volume 
Annual Statewide Average Selling Price
2005 71,948 $404,688
2004 70,342 $392,241
2003 61,979 $346,210
2002 60,661 $318,649
2001 57,665 $286,277
2000 59,602 $261,293
1999 62,662 $223,593
1998 62,549 $200,870
1997 56,107 $187,213
1996 51,857 $178,536
1995 43,509 $171,702
1994 45,238 $167,475
1993 43,588 $162,854
1992 38,847 $163,291
1991 31,379 $168,895
1990 25,691 (All property sales - 31,769) $181,225
1989 38,789* $177,001*
1988 45,714* $173,775*
1987 49,625* $165,888*
1986 44,625* $147,786*
1985 39,508* $117,674*
1984 35,978* $91,257*
1983 34,309* $80,398*
1982 21,750* $66,840*
1981 20,022* $66,679*
1980 24,418* $59,269*
1979 27,539* $53,139*
1978 27,102* $45,496*
1977 24,080* $41,550*
1976 19,273* $38,663*
1975 14,981* $38,057*
1974 14,082* $34,630*
1973 15,934* $31,862*
1972 14,703* $28,521*
1971 12,225* $26,505*
1970 8,875* $25,125*
1969 8,200* $22,729*
1968 7,219* $20,600*
* Denotes total for all MLS property sales/average selling prices
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