Cambridge Real Estate Market Report - October 2025: Benchmark Price Declines 6.1% Year-Over-Year

Cambridge (MLS® HPI) — October 2025

In October 2025, the composite benchmark price for homes in Cambridge is $687,800, reflecting a 6.1% decrease from the same month last year. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Cambridge real estate market is currently exhibiting balanced conditions, with a composite benchmark price of $687,800. This marks a decline from September's benchmark of $691,400 and a more significant drop from October 2024's price of $732,300. Although total sales and active listings data are not available, the consistent benchmark price suggests that supply and demand are relatively aligned, preventing significant fluctuations in the market. The year-over-year price decrease indicates a cooling trend, which may be attributed to broader economic factors affecting buyer sentiment and purchasing power.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $730,500, while attached/townhouse properties are priced at $601,800, and apartments at $434,600. The variation in benchmark prices reflects differing demand levels across property types, with detached homes typically commanding higher prices due to their larger size and lot availability. However, the overall decline in benchmark prices across all categories suggests that buyers are becoming more price-sensitive, leading to a potential shift in preferences towards more affordable options.

Regional Highlights

Regionally, Cambridge continues to experience a stable real estate environment, with the benchmark price reflecting a broader trend seen in many urban areas across the province. The balanced market conditions indicate that while prices are declining, there is still sufficient interest from buyers, particularly in the more affordable segments of the market. This stability may attract first-time homebuyers looking to enter the market amid a backdrop of decreasing prices.

For Buyers

For prospective buyers, this period presents an opportunity to enter the market at a lower price point compared to the previous year. Buyers are encouraged to conduct thorough market research and consider properties across different types to find the best fit for their needs. With the market currently balanced, negotiating terms may be more favorable.

For Sellers

Sellers should be mindful of the current market conditions and the year-over-year price decline. It is advisable to price homes competitively to attract potential buyers. Sellers may also benefit from enhancing their property's appeal through minor renovations or staging to differentiate their listings in a balanced market.