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Cambridge Real Estate Sales in January 2010
Welcome to the Cambridge Real Estate Sales Report
Before too many days go by let’s take a look at Cambridge real estate sales last month in January 2010.
On the Market In Cambridge - January 31, 2010
On January 31, 2010 there were 211 homes in Cambridge Mass. on the market. Asking prices ranged from $189,900 to $4,900,000. The median asking price was $499,900. Average days on market for these properties was 145.
One year ago there were considerably more homes listed for sale in Cambridge – 289. That’s a drop of 37%. Thinking about selling your home in Cambridge? It’s a good time to sell – less competition and lots of real estate buyers hoping to find a place before the homebuyer credit expires at the end of April.
Cambridge Real Estate Sales in Jan. 2010
40 home sales closed in Cambridge during January for sale prices between $195,000 and $2,250,000. Homes were on the market an average of 129 days.
9 single family homes sold in January 2010 for prices ranging from $275,000 to $2,250,000. These houses had been on the market for an average of 84 days and sold on average for 97% of asking price. The median sales price was $801,000.
27 condos sold in Cambridge during January for prices from $195,000 to $2,050,000. The median condo sales price was $463,500. Condominiums sold for an average of 96% of the list price. Average days on market was 138.
4 multi-families sold last month for prices between $200,000 and $744,000. These properties sold for an average of 91% of asking price and were on the market an average of 166 days.
$200,000 for a Cambridge two-family?! That caught my eye. Turns out it was a gutted, attached two-family with no heat, no working electricity, no walls – and a short sale to boot. Not your typical multi-family sale in Cambridge and not your typical sales price for a Cambridge multi-family.
The total value of residential real estate sold in Cambridge during January 2010 was $27,759,950.
Information from MLSpin.
Last month’s numbers:
Cambridge Real Estate Sales in 2009 and 2008
SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE
SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE
Longfellow House On The New Cambridge Parking Sticker
Longfellow House on the new Cambridge parking sticker
Longfellow House On The New Cambridge Parking Sticker I love the new picture of the Longfellow House on Brattle Street that’s on the 2010 Cambridge parking sticker.
Jim Landfried took the winning photo in the 2010 Resident Parking Permit Photo Contest. There’s a slideshow with all of the entrants on the city’s website - more than 80 beautiful photos of Cambridge through the seasons.
Tomorrow is the last day to get your parking sticker – or risk a ticket on Monday.
To get a Cambridge parking permit you need:
- Your current automobile registration showing your car garaged at your Cambridge address
- $8.00 and money to pay any outstanding parking tickets
- A current utility bill sent to you at your Cambridge address - or -
- Two pieces of current mail sent to you at your Cambridge address (magazines don’t count)
The name on your proof of residence mail or bills must match the name on your vehicle registration.
The Traffic and Parking Department is at 344 Broadway, Cambridge MA 02139
Don’t forget – tomorrow’s Friday so the office is only open from 8:30 am to noon. Get there early and get in line.
Arlington Real Estate Market In 2009 And 2008
Welcome to the Arlington Real Estate Year In Review
Here’s a look back at the Arlington real estate market in 2009 and 2008 followed by the last monthly real estate report for the year. All data reflects properties listed on the MLS, the Multiple Listing System.
The Arlington real estate market was steady in 2009 with an increase of 3.5% over 2008 sales. Arlington single family sales were particularly strong with an increase in numbers of homes sold of well over 10%. That won’t come as a surprise to anyone who attended open houses in Arlington last year – they were typically mobbed and single families often received multiple offers. That phenomenon continues with one house in Arlington recieving ten offers after last weekend’s open house.
On the other hand, condo sales in Arlington were down almost 5% from 2008 sales. The median price paid for a condo in Arlington in 2009 was $340,500, down from the 2008 median price of $353,625.
Arlington Real Estate Market - Year In Review
Total properties sold in Arlington:
- In 2009: 499 (+3.53%)
- In 2008: 482
Average days on market:
- 2009: 60 (-15%)
- 2008: 69
Total value of real estate sales:
- 2009: $220,552,380 (+1.14%)
- 2008: $218,078,422
Properties sold for:
- 2009: An average of 98% of asking price and a median price of $426,500 (-.82%)
- 2008: An average of 98% of asking price and a median price of $430,000
Arlington Single Family Sales
- 2009: 247 (+13.31%)
- 2008: 218
Price range for single family homes:
- 2009: $252,000 to $1,009,597
- 2008: $210,000 to $1,350,000
Median price of single family houses sold:
- 2009: $488,000 (+2.74%)
- 2008: $475,000
On average, single families:
- In 2009: were on the market 52 days & sold for 98% of asking price
- In 2008: were on the market 49 days & sold for 98% of asking price
Arlington Condo Sales
- 2009: 215 (-4.87%)
- 2008: 226
Price range for condos:
- 2009: $102,000 to $678,000
- 2008: $95,000 to $725,000
Median price of condominiums sold:
- 2009: $340,500 (-3.72%)
- 2008: $353,625
On average, Arlington condos:
- In 2009: were on the market 70 days and sold for 97% of list price
- In 2008: were on the market 79 days and sold for 97% of list price
Arlington Multi-Family Sales
- 2009: 37 (-2.64%)
- 2008: 38
Price range for multi-family properties:
- 2009: $295,000 to $700,000
- 2008: $385,000 to $1,545,000
Median price of multi-family houses sold:
- 2009: $555,000 (-1.93%)
- 2008: $565,875
On average, Arlington multi-families:
- In 2009: were on the market 56 days and sold for 97% of list price
- In 2008: were on the market 119 days and sold for 97% of list price
Here’s the last monthly sales report for 2009 – Arlington MA home sales in December
Arlington Homes On The Market
88 homes were listed for sale in Arlington MA on December 31, 2009 for asking prices from $159,000 to $1,499,000. Homes had been on the market an average of 125 days.
Arlington MA Home Sales – December 2009
41 homes sold
- Median price – $465,000
- Homes sold on average for 98% of the asking price
23 single families sold in December
- Priced between $305,000 and $815,000
- Median sales price - $505,000
- Average days on market - 57 days
- On average single family homes sold for 98% of list price
14 condos sold in Arlington MA last month
- Price range - $160,000 to $487,500
- Median sales price - $355,500
- Condos sold for an average of 97% of the asking price
- Average days on market – 53
4 multi-family houses sold in December 2009
- Priced from $445,000 to $538,000
- Median price – $477,500
- Multi-families sold for 97% of asking price
- Average days on market – 105
Total value of Arlington MA home sales in December was $18,957,950.
SEARCH FOR ARLINGTON MASS REAL ESTATE
ARLINGTON MA HOMES SOLD IN NOVEMBER 2009
Information about Arlington MA Home Sales from MLSpin
Cambridge Home Sales in 2009 and 2008
Cambridge Real Estate Year In Review
Here’s a look back at Cambridge home sales in 2009 and 2008 followed by the monthly numbers for December. All figures come from properties listed on the MLS, the Multiple Listing System.
The number of properties sold in Cambridge was down more than 8% and the dollar volume down just over 10%. However, the median price paid for Cambridge real estate barely budged and properties were on the market fewer days on average.
While there were increases in the number of Cambridge single families and multi-families sold, there were significantly fewer condos sold in Cambridge in 2009 than in 2008.
The decline in numbers of condos sold was not a matter of condos failing to sell – it was a function of fewer condominiums being listed for sale. In 2008 300 condos failed to sell while listed on the market (though the condos may have subsequently been relisted and sold) versus just 207 condos that “expired” in 2009.
With fewer properties from which to choose there are plenty of Cambridge real estate buyers who were unable to find the perfect place in 2009. If you’re thinking of selling Spring 2010 looks like a great time to put your home on the market.
Cambridge Real Estate Year In Review
Total properties sold in Cambridge:
- In 2009: 831 (-8.38%)
- In 2008: 907
Average days on market:
- 2009: 79 (-13.19)
- 2008: 91
Total value of real estate sales:
- 2009: $464,152,012 (-10.12%)
- 2008: $516,395,918
Properties sold for:
- 2009: An average of 97% of asking price and a median price of $440,000 (-.01%)
- 2008: An average of 97% of asking price and a median price of $444,000
Cambridge Single Family Sales
- 2009: 110 (+.92%)
- 2008: 109
Price range for single family homes:
- 2009: $260,000 to $4,850,000
- 2008: $240,000 to $4,921,500
Median price of single family houses sold:
- 2009: $761,250 (+.83%)
- 2008: $755,000
On average, single families:
- In 2009: were on the market 86 days & sold for 97% of asking price
- In 2008: were on the market 85 days & sold for 97% of asking price
Cambridge Condo Sales
- 2009: 666 (-10.97%)
- 2008: 748
Price range for condos:
- 2009: $172,500 to $1,990,000
- 2008: $150,000 to $2,800,000
Median price of condominiums sold:
- 2009: $415,000 (+.25%)
- 2008: $414,000
On average, Cambridge condos:
- In 2009: were on the market 78 days and sold for 97% of list price
- In 2008: were on the market 92 days and sold for 97% of list price
Cambridge Multi-Family Sales
- 2009: 55 (+10.0%)
- 2008: 50
Price range for multi-family properties:
- 2009: $352,351 to $1,095,000
- 2008: $340,000 to $1,450,000
Median price of multi-family houses sold:
- 2009: $695,000 (-7.46%)
- 2008: $751,000
On average, Cambridge multi-families:
- In 2009: were on the market 72 days and sold for 96% of list price
- In 2008: were on the market 98 days and sold for 95% of list price
Here are the end of the month numbers for Cambridge at the close of 2009:
Residential Properties On the Market In Cambridge
On December 31, 2009 there were 179 homes in Cambridge Mass. on the market. Asking prices ranged from $189,900 to $4,250,000. The median asking price was $499,900. Average days on market was 176.
Cambridge Home Sales - December 2009
52 home sales closed in Cambridge during December priced between $241,000 and $2,525,000. Homes were on the market an average of 85 days.
11 single family homes sold last month for prices ranging from $393,500 to $2,525,000. These houses had been on the market for an average of 110 days and sold on average for 95% of asking price. The median sales price was $1,015,000.
There were 38 condos sold in Cambridge during December for prices from $241,000 to $1,990,000. The median condo sales price was $490,000. Condominiums sold for an average of 97% of the list price and were on the market an average of 80 days.
3 multi-families sold last month for $357,000, $530,000 and $1,072,500. These properties sold for an average of 90% of asking price and were on the market an average of 58 days.
The total value of residential real estate sold in Cambridge during December 2009 was $35,676,900.
Information from MLSpin.
Last month’s numbers:
Nov 2009 Residential Real Estate Sales in Cambridge
SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE
SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE
Concrete Buildings In Cambridge
William James Hall - Minoru Yamasaki
Robert Campbell, the Boston Globe’s architecture critic, had an excellent article in last Sunday’s paper about concrete buildings in Cambridge and Boston. Even if it’s not your favorite architectural style the article will give you a new appreciation for these 1950s – 1970s buildings.
Campbell writes:
“No other American city boasts as much noteworthy concrete architecture in as small an area as Boston and Cambridge”
At right is Harvard’s William James Hall, Minoru Yamasaki’s 1963 building which Robert Bell Rettig describes in Guide to Cambridge Architecture as “fourteen stories of pure white concrete”. Yamasaki also designed the 1962 Engineering Sciences Laboratory included in the slide show below.
Here’s a sampling of concrete buildings in Cambridge. I’ll try to add more the next time the sky is blue!
Click on the “Architecture” link below for more posts about Cambridge architecture.
North Cambridge Catholic High School Closing
On December 22nd, just before the holidays, the Archdiocese of Boston, announced that the North Cambridge Catholic High School on Norris Street would be closing and moving to Dorchester.
The school is relocating to 100 Savin Hill Avenue in Dorchester, the former St. William School. The school’s name will be changed to Cristo Rey Boston. North Cambridge Catholic has been part of a national association of Catholic high schools called the Cristo Rey Network since 2004.
North Cambridge Catholic High School, 40 Norris Street
It seems that the Archdiocese plans to sell the school building after the move. Will North Cambridge have a new schoolhouse condo building? Let’s hope so.
Renovated schools make super condos and 40 Norris Street is an exceptional building. The Northwest Cambridge: Survey of Architectural History in Cambridge calls it “one of the handsomest schools in the city.” It’s massive, over 35,000 sq.ft. according to City records, and has large rounded windows on the upper floors. The satellite view of the school shows twenty or so parking spaces currently sited behind the building.
The school was built in 1898 for the City of Cambridge and served as the Ellis School until the 1950s. The building was designed by Boston architect A.H. Gould.
Norris Street is a pleasant, residential street lined with multi-families. It’s a one-way street running from Cedar Street to Mass Ave. The bike path is nearby and Davis Square is not far. At one end of Norris you’ll find the path that leads into a very nice park and playground, the Reverend Williams Park.
Schoolhouse condos would be a great addition to the neighborhood. The closest renovated school in Cambridge is the former Lincoln School on Mead Street at the corner of Walden and condos turn over infrequently there.
Watch this space for updates on the North Cambridge Catholic High School closing and plans for the building’s future.
Related posts:
Schoolhouse Condos In Cambridge and Somerville
Condos in Renovated Schools in Medford
The North Cambridge Catholic High School is at 40 Norris Street, Cambridge, MA 02140.
Cambridge Snow Hotline
With snow in the forecast it’s time to remind everybody about one of my favorite Cambridge services – the Snow Hotline.
Cambridge homeowners are required to shovel the sidewalks in front of their properties. Even if you weren’t liable for a $50 per day fine it’s simply the neighborly thing to do!
Cambridge ordinances require that property owners must remove snow from all sidewalks within 12 hours after snow stops falling in the daytime or by 1 pm when snow has fallen during the night. Ice must be removed or melted within six hours of the time ice forms.
Nothing is more aggravating than navigating an icy, snowy stretch where a homeowner or business has left the sidewalk unshoveled.
So turn ‘em in!
The phone hotline and the online form are both anonymous.
The Cambridge snow hotline is 617-349-4903. Or you can report an uncleared Cambridge sidewalk online.
Photo by TheeErin
Homes In Cambridge Sold in November 2009
Welcome To The Homes Sales in Cambridge Report
Here’s a look back at homes in Cambridge sold in November 2009. The potential end of the first time homebuyer credit spurred sales and it was a busy month for Cambridge real estate sales. The homebuyer credit didn’t end after all and has been extended and expanded.
Homes In Cambridge On the Market - Nov. 30, 2009
On November 30, 2009 there were 260 homes in Cambridge Mass. on the market, significantly fewer than one month before when there were 316 homes for sale. Asking prices ranged from $175,000 to $4,250,000. The median asking price was $534,500. Average days on market was 152.
Homes In Cambridge Sold In November 2009
74 home sales closed in Cambridge during November, up from 53 in October, for sale prices between $220,000 and $4,220,000. Homes were on the market an average of 64 days.
10 single family homes sold last month for prices ranging from $289,000 to $4,220,000. These houses had been on the market for an average of 67 days and sold on average for 99% of asking price. The median sales price was $665,250.
59 condos sold in Cambridge during November, an increase of more than 60% over October’s Cambridge condo sales, for prices from $220,000 to $900,000. The median condo sales price was $420,000. Condominiums sold for an average of 97% of the list price. Average days on market was 64.
5 multi-families sold last month for prices between $485,000 and $880,000. These properties sold for an average of 95% of asking price and were on the market an average of 54 days.
The total value of residential real estate sold in Cambridge during November 2009 was $40,604,800.
Information from MLSpin.
Last month’s numbers:
October 2009 Cambridge Home Sales
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