31 Elmwood Ave

31 Elmwood Ave is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $154,000 (20.5%) lower than the average sold price of $753,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Cambridge increased by $31,334 (4.3%) compared to the previous 30 day period (December 22 - January 20) and up $42,699 (6.0%) from the same time one year ago.There were 43 3-bedroom homes listed in Cambridge over the last 30 days (January 21 - February 19), which is up 26.5% compared with the previous 30 day period (December 22 - January 20) and up 87.0% compared with the same period last year.3-bedroom homes in Cambridge typically sold ($6,579) (0.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $9,146 decrease compared to the previous 30 day period (December 22 - January 20) and $1,020 less than the same period last year.Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Cambridge over the last 30 days (January 21 - February 19) stood at 58.1%, up from 52.9% over the previous 30 days (December 22 - January 20) and down from 282.6% one year ago.An average time on the market for a 3-bedroom 2-bathroom home in Cambridge stood at 14 days when successfully sold over the last 30 days (January 21 - February 19), compared to 51 days before being removed from the market upon being suspended or terminated.