55 Fallbrook Lane

55 Fallbrook Lane is a 3-bedroom 2-bathroom home listed for sale at $1,499,000, which is $716,433 (91.5%) higher than the average sold price of $782,567 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Cambridge declined by $25,336 (3.1%) compared to the previous 30 day period (February 25 - March 25) and down $12,044 (1.5%) from the same time one year ago.There were 44 3-bedroom homes listed in Cambridge over the last 30 days (March 26 - April 24), which is up 2.3% compared with the previous 30 day period (February 25 - March 25) and up 7.3% compared with the same period last year.3-bedroom homes in Cambridge typically sold $28,950 (3.7%) above asking price over the last 30 days (March 26 - April 24), which represents a $24,969 decrease compared to the previous 30 day period (February 25 - March 25) and $45,379 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 (March 26 - April 24) stood at 131.8%, up from 72.1% over the previous 30 days (February 25 - March 25) and up from 104.9% one year ago.An average time on the market for a 3-bedroom 2-bathroom home in Cambridge stood at 10 days when successfully sold over the last 30 days (March 26 - April 24), compared to 40 days before being removed from the market upon being suspended or terminated.