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Cambridge MA Home Sales – October 2010

Welcome to the Cambridge Real Estate Report

Welcome to the Cambridge Real Estate Report

Here’s our monthly look at Cambridge MA home sales with the October 2010 home sales numbers for Cambridge. 

Cambridge MA Homes On the Market - October 31, 2010

On October 31, 2010  there were  378 homes listed for sale in Cambridge – 6% fewer than one month ago.  Asking prices ranged from $189,900 to $4,450,000.  The median asking price was $511,750.  Properties had been on the market an average  of 112 days. 

Cambridge MA Homes Sold in October 2010

45 homes sold in Cambridge during October 2010.  Sales prices ranged from $175,500 to $6,651,100 for a four-house parcel on a 30,000 sq.ft. lot near Harvard Square.     

6 single family homes sold in October 2010 for prices ranging from $460,000 to $2,035,000.  Average days on market was 49 and these houses sold on average for 94% of asking price.  The median sales price was $849,150.

36 condos sold in Cambridge MA last month for sales prices from $175,500 to $1,250,000.  The median condo sales price was $411,500.  Condos sold on average for 97% of the asking price and were on the market an average of 81 days.

In addition to the four-house-on-one-lot sale, 2 multi-family houses sold in October for $525,000 and $889,150. 

The total value of Cambridge MA homes sold in October 2010 was $32,116,550.

Information about Cambridge MA home sales in October 2010  from MLSpin.

Last month’s numbers:

Cambridge Properties Sold in September 2010

SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE MASS

SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE MA

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Belmont MA Home Sales – October 2010

Welcome to the Belmont MA Home Sales Report

Welcome to the Belmont MA Home Sales Report

Here’s a quick look at Belmont MA home sales in October 2010.   

Belmont MA Homes for Sale

94 residential properties were on the market in Belmont, MA on October 31, 2010 priced between $164,900 and $4,800,000.  These properties had been on the market an average of 101 days.

Belmont MA Home Sales in October 2010

18 Belmont residential properties sold during the month of October 2010.  Properties sold for an average of 98% of asking price and had been on the market an average of 119 days.  

8 single family houses sold in October for sale prices between $498,000 and $2,731,377.  The median price was $801,203. Average days on market was 74 and homes sold for an average of 97% of asking price.

8 condos sold in Belmont in October 2010  for prices between $265,950 and $830,000.  The median price paid was $377,750.   Condos sold for an average of 99% of the asking price.   Average days on market was 177.

2 Belmont multi-family houses sold in October for $475,000 and $510,000.  Average days on market was 74 and the houses sold for 96% of list price.

Total value of home sales in Belmont MA in October was $12,326,527

Also see:

Belmont Properties Sold In September 2010

 

belmont-real-estate-search1

 

Info about Belmont MA home sales in October 2010 is  from MLSpin.

Categories: Real Estate Market Info

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Watertown MA Home Sales – October 2010

Welcome to the Watertown Real Estate Report

Welcome to the Watertown Real Estate Report

Here’s the first of the monthly real estate reports - a recap of  Watertown properties sold in October 2010.  Sales are still off from last year’s numbers.

Watertown Homes On the Market 

163 homes in Watertown were listed for sale in the MLS  on October 31, 2010 priced between $152,900 and $1,375,000.  That’s significantly more homes – by just over a third – than were on the market one year ago in Watertown when 120 residential properties were listed for sale in the MLS.

Watertown MA Home Sales In October 2010

15 Watertown MA homes sold in October 2010.  The median sales price in October 2010 was $351,000.  Average days on market for these  properties was 135.  Sales were down by more than a third from last October when 24 properties sold in Watertown.  
 
Just 3 single family houses sold in October for prices between $351,000 and $594,000.  Average days on the market for these houses was 75.  Last month, Watertown single family homes sold for an average of 96% of asking price.
 
10 Watertown condos sold in October 2010 for prices from $152,000 to $459,000.  The median sales price was $341,500.  Condos sold on average for 97% of the asking price and were on the market an average of 156 days.
 
Two Watertown two-family houses sold last month for $290,00 and $550,000. 

Total value of Watertown MA home sales in October 2010 was $$5,709,500

 See Also:

Watertown Properties Sold in September 2010

Watertown Real Estate

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Cambridge Real Estate Sales Over One Million

Brattle Street House Sold for $3,882,000 in 2010

Brattle Street House Sold for $3,882,000 in 2010

 

Cambridge Real Estate Sales Over One Million 

Lately the buzz around the office has been that the high end of the real estate market in Cambridge has been doing well. 

Turns out that Cambridge real estate sales data backs that up.

 

2010 Cambridge High End Home Sales To date In 2010:

  • 42 single family houses have sold for prices of $1,000,000 or more
  • These houses sold for $1M to $4,250,000
  • 14 houses sold for more than two million
  • 7 of these houses sold for more than $2.5 million

There’s definitely been an uptick at the top end of the Cambridge real estate market. At this time last year:

  • 26 single family homes had sold for more than $1,000,000
  • Sales prices ranged from $1,013,000 to $3,910,000
  • 10 houses had sold for more than two million
  • 5 of these were for sale prices over $2.5 million

By comparison, in 2005 there were 56 Cambridge real estate sales of single family houses over one million at this point, 13 of them for more than $2 million.

Conventional wisdom is that the upper end of the real estate market recovers first so it’s good to see the energy in the $1M+ range.

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Somerville Properties Sold In September 2010

Welcome to the Somerville Real Estate Report

Welcome to the Somerville Real Estate Report

Last but not least here’s the final monthly real estate report – for this month! - with a quick look at Somerville properties sold in September 2010.

Somerville Real Estate on the Market 

249 residential properties were listed for sale in Somerville in the MLS on September 30, 2010 for asking prices between $149,900 and $1,600,000.  Average days on market for these properties was 113.  Unlike some of the other towns we’ve looked, at inventory is largely unchanged in Somerville. Last year at this time there were 243 properties listed for sale in the MLS.

Somerville Properties Sold - September 2010

52 residential properties sold in Somerville during September with a median sales price of $471,500. 

11 Somerville single family homes sold in September for prices between $175,000 and $1,001,000.  The median sales price was $475,000.  On average, single family houses sold for 97% of asking price and were on the market 89 days.

29 condos sold in Somerville last month for prices from $155,000 to $775,000.  These condominiums were on the market an average of 115 days. The median condo sales price was $419,000.  On average, condos sold for 98% of the list price.

12 multi-family houses sold during September for prices from $295,000 to $801,225. The median sales price was $526,450. On average, multi-families sold for 98% of the asking price and were on the market 40 days.

Total value of Somerville  properties sold in September 2010 was $24,484,525.

 

See also:

Somerville Home Sale Report - August 2010

  

somerville-ma-real-estate

 

Info about Somerville properties sold in September 2010 from MLSpin

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Medford Properties Sold in September 2010

Welcome to the Medford Real Estate Recap

Welcome to the Medford Real Estate Recap

Here’s a quick look back at Medford properties sold in September 2010

Medford Real Estate On the Market 

On September 30, 2010 223 residential properties were on the market in Medford priced between $159,900 and $1,300,000.  That’s a 38% increase in properties for sale from this time last year at this time when just 138 homes were listed for sale.

Medford Properties Sold In September 2010

43 properties sold in Medford during September 2010 – that’s the second month to month increase in sales with an  increase of more than 25% compared to August’s sales.  The median sales price in September was $340,000.  Properties that sold had been on the market an average of 77 days and sold for an average of 97% of the list price. 

27 single family houses sold in September  for sales prices between $132,000 and $555,000. The median sales price for a single family home was $340,000.  Houses were on the market 77 days on average and sold for an average of 96% of the list price.

condos sold in Medford last month priced between $199,900 and $433,000.  The median price was $255,000.  Condominiums sold for an average of 98% of the list price and were on the market an average of 102 days.

multi-family houses sold during September for prices from $325,000 to $512,500.  The median price paid was $460,000.  Multi-families sold for an average of 97% of the asking price and were on the market an average of 48 days.   

Total value of Medford properties sold in September 2010 was $14,732,097.

Also see: 

Medford Home Sale Report August 2010 

SEARCH FOR PROPERTIES FOR SALE IN MEDFORD MASS

 

Information about Medford properties sold in September 2010 from MLSpin

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Arlington Properties Sold In September 2010

Welcome to the Arlington Real Estate Report

Welcome to the Arlington Real Estate Report

Here’s a quick look back at Arlington properties sold in September 2010

Arlington Real Estate On The Market 

There were 166 Arlington properties on the market on September 30, 2010 priced from $135,900 to $1,259,900.  Average days on market for these properties was 98. 

Arlington Properties Sold In September 2010

32 Arlington properties sold in September 2010.  The median price paid in September was $462,500.  Homes sold on average for 98% of the asking price. 

13 single family houses sold in September for prices ranging from $335,000 to $655,000.  The median price paid was $484,900.  Houses were on the market an average of only 21 days and sold on average for 99% of the asking price.

16 condos sold in Arlington in September 2010 for prices from $160,000 to $600,000.   The median sales price was $378,500.  Condominiums sold for an average of 97% of the list price and were on the market an average of 74 days.

3 Arlington multi-family houses  sold in September for prices between $460,000 and $632,500.   These properties were on the market an average of 117 days and sold on average for 99% of asking price.

Total value of Arlington properties sold in September 2010 was $14,377,825.

SEARCH FOR ARLINGTON MASS REAL ESTATE

ARLINGTON Home Sale Report August 2010

 

Information about Arlington properties sold in  September 2010 from MLSpin

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Cambridge Properties Sold In September 2010

Welcome to the Cambridge Real Estate Report

Welcome to the Cambridge Real Estate Report

Here’s a quick recap of Cambridge properties sold in September 2010. 

Cambridge Real Estate On the Market - September 30, 2010

Plenty of sellers waited until September to put their properties on the market in Cambridge. On September 30, 2010  there were  403 residential properties listed for sale in Cambridge – 84 more than a month before.  Asking prices ranged from $179,000 to $4,450,000.  The median asking price was $689,559.  Properties had been on the market an average  of 108 days. 

Cambridge Properties Sold in September 2010

54 residential properties sold in Cambridge during September 2010 – that’s fewer than half as many sold in August. September sales reflect properties that went under agreement during the long hot summer. Let’s hope that cooler temperatures bring renewed activity to the Cambridge real estate market.  Sales prices ranged from $188,000 t0 $2,700,000.   These properties had been on the market an average of 82 days.  

8 single family houses sold in September 2010 for prices ranging from $438,000 to $2,700,000.  Average days on market was just 37 and these houses sold on average for 94% of asking price.  The median sales price was $627,000.

42 condos sold in Cambridge last month for sales prices from $188,000 to $805,000.  The median condo sales price was $413,750.  Condos sold on average for 97% of the asking price and were on the market an average of 86 days.

4 multi-family houses sold in September for sale prices from $605,000 to $930,000.  Average days on market was 125. These properties sold for 95% of asking price on average.

The total value of Cambridge properties sold in September 2010 was $28,497,200.

Information about Cambridge properties sold in September 2010  from MLSpin.

Last month’s numbers:

Cambridge Home Sale Report August 2010

SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE MASS

SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE MASS

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