Cambridge Real Estate Market Statistics January 2009 | Centers And Squares

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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 Real Estate Market Statistics – January 2009

Cambridge MassachusettsThe Cambridge Real Estate Numbers for January 2009:

There were 296 properties on the market in Cambridge on January 31, 2009. The lowest priced property was listed for $199,900, the most expensive for $3,275,000. Average days on market was 141.

24 properties sold (closed) in Cambridge during January with an average sales price of $487,181.  The median sales price was $414,000. Average days on market was 66.

Only two single family sales closed in January – one for $405,000, another for $418,000.

15 condominium sales closed in January. The least expensive condominium sold for $193,000.  The most expensive condo sold in January closed for $640,000.  The median condo sales price was $385,000.  Condos sold for an average of 97% of the asking price.  Average days on market was 71.

7 multi-family sales closed in January. The lowest sale price for a multi-family was $440,000.  The highest price paid was $1,050,000. The median sales price was $810,000. Multi-families sold for an average of 97% of list price.  Average days on market was 28.
 
Total Cambridge closed residential real estate sales volume in January was $11,692,350.
 
Information based on residential sales data in MLSpin.

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