We are halfway through September and the inventory is as tight as ever. It seems that as soon as a property comes on the market, 1-2 are being put under agreement. This week there have been 31 new listings in Cambridge (down slightly from 34 last week).
9 Single Family homes; 5 Multi-Family homes, and 17 Condos.
This brings the total numbers in each category as follows:
Single Family homes for Sale: 23
Multi-Family homes for Sale: 17
Condos for Sale: 54
I’ll check the numbers again next week as we expect the inventory to continue to increase as we get deeper into September. As always, if you have specific inventory questions about your town, don’t hesitate to email me.