Cambridge's real estate market is experiencing a price correction, with values down 13.0% from last year. The median home price has fallen to $125,000, a significant 13.0% decrease year-over-year. With 10 active listings, inventory is 400% higher than seasonal norms. Homes are now taking an average of 84 days to sell, significantly longer than the 24 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Cambridge market with the affordability index at 314.5. Based on current market indicators, home prices in Cambridge are projected to decrease by approximately 7.2% over the next month.