Welcome to Centers and Squares

As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

Cambridge Home Sales in August 2009

Cambridge Homes Sales Report

Cambridge Homes Sales Report

Phew – the last market report for August – here’s a look at Cambridge home sales in August 2009.

On the Market in Cambridge on 8/31/09

On August 31, 2009  there were  290 homes for sale in Cambridge MA, down from 356 one month before.  Inventory tends to dip in August because sellers – and agents – think it’s better to wait to put properties on the market until vacations are over and the fall market begins.  After Labor Day new listings come on the market at a fairly brisk pace – witness our office’s tour of 25 new listings this week (believe me – I love touring houses but 25 is pushing it even for me – I could barely walk by time we were done).   

Asking prices ranged from $212,000 to $4,850,000. Homes had been on the market an average of 140 days.

Homes Sold In Cambridge In August 2009

111 home sales closed in Cambridge during August for prices between $200,000 and $2,400,000.  The average sales price was $509,963.  The median sales price was $430,000.  Average days on market was 69.

12 single family homes sold in August for sale prices ranging from $395,000 to $2,400,000.  These houses had been on the market for an average of 55 days and sold for an average of 98% of list price.

93 Cambridge condos sold in August.  Sales prices ranged from $200,000 to $1,200,000.  The median condo sales price was $410,000.  Condominiums sold for an average of 98% of the asking price.  Average days on market was 72.

6 multi-unit houses sold last month for sale prices from $550,000 to $1,095,000. The median sales price was $700,000.  Average days on market was 56. 

The total value of homes sold in Cambridge in August 2009 was $56,605,850.

Information from MLSpin.

Last month’s numbers:

July 2009 Cambridge Real Estate Market Report



Categories: Real Estate Market Info

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