06/02/2026
JUST SOLD | 497-499 Mt. Auburn St, Cambridge
Congratulations to our sellers and thank you for trusting our team with the sale of this prime West Cambridge multi-family property.
Cambridge’s multi-family market is showing significantly stronger buyer demand in 2026 (to date May 20th), with pending sales up 109% (46 vs. 22) and closed sales up 53% (23 vs. 15), while active inventory increased 20% (30 vs. 25), giving buyers more options. Despite the increase in activity, the average sale price declined 12.5% to $2.41M, while sellers achieved an average of 98% of asking price in 2026 compared to 101% in 2025, strong increases in pending and closed sales suggest continued demand and market activity for well-positioned multi-family properties.
Thinking about selling a multi-family, investment property, or development opportunity in Cambridge? Connect with one of Cambridge’s top real estate teams to maximize your property’s value. Kendall Green Luce Team.