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Homes Sold in Cambridge MA – Sept. 2009
Welcome To The Homes Sold in Cambridge Report
Time for another look back – here’s the scoop on homes sold in Cambridge MA during September 2009.
Homes On the Market in Cambridge on Sept. 30, 2009
On September 30, 2009 there were 331 homes for sale in Cambridge MA priced between $199,000 and $6,600,000. Average days on market was 131.
Residential Real Estate Sold In Cambridge In September 2009
79 home sales closed in Cambridge during September for prices between $245,000 and $3,910,000. The average sales price was $584,720. The median sales price was $445,000. Average days on market was 73.
There were 8 single family homes sold last month for prices ranging from $375,000 to $3,910,000. Houses had been on the market for an average of 86 days and sold for an average of 98% of asking price. The median sales price was $883,000.
69 condos sold in Cambridge in September. Sales prices ranged from $245,000 to $1,639,000. The median condo sales price was $440,000. Condominiums sold for an average of 97% of the asking price. Average days on market was 73.
There were 2 multi-family houses sold last month – one for $525,0oo and one for $780,500. Both sold for over asking price within days of coming on the market.
The total value of residential real estate sold in Cambridge during September 2009 was $46,192,850.
Information from MLSpin.
Last month’s numbers:
August 2009 Cambridge Home Sales
SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE
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Home Sales in Somerville MA – September 2009
Somerville Massachusetts Home Sales
It’s that time of the month again – time for the wrap up of the month’s real estate activity – here’s a look at home sales in Somerville MA in September 2009.
Homes for Sale in Somerville
At the end of the month, 249 Somerville residential properties were listed for sale in the MLS priced between $144,900 and $1,600,000. Properties had been on the market an average of 120 days.
Homes Sold in Somerville in September 2009
43 residential properties sold in Somerville during September 2009, significantly fewer than closed the month before when 90 sales closed. September sales reflect properties that received accepted offers during the summer, traditionally a slower time of the year when fewer properties are listed for sale.
Just 2 single family homes sold in September – one for $486,600 and another for $615,000. These homes had been on the market an average of only 18 days.
28 condos sold in Somerville condos in September for prices from $145,000 and $893,000. Condominiums were on the market an average of 87 days and sold for an average price of $382,643. The median sales price was $365,500. On average condos sold for 97% of the asking price.
13 multi-families sold during September for prices from $328,800 to $870,000. The median sales price in September was $443,000. On average, multi-unit houses sold for 97% of list price and were on the market 77 days.
Total Somerville closed residential sales volume in September was $18,024,900.
See Also:
August 2009 Somerville Real Estate Activity
Belmont MA Home Sales – Sept. 2009
Welcome to the Belmont MA Home Sale Report
Here’s a look back at Belmont MA home sales during September 2009.
Homes On The Market In Belmont:
100 homes were listed for sale in Belmont on Sept. 30, 2009 for asking prices between $179,900 and $2,300,000. Average days on market was 141 days.
Belmont MA Home Sales in September 2009:
17 homes sold in Belmont in September. September home sales reflect properties that had accepted offers during the summer, traditionally a slower time of the year for real estate. These house had been on the market an average of 71 days and sold for an average of 94% of the asking price.
9 single family houses sold in September for sale priced between $550,000 to $2,200,000. The median sales price was $655,000. Average days on market was 100 and houses sold for an average of 94% of asking price.
3 Belmont condos sold in September 2009 for $390,000, $431,100, and $646,000. Condominiums sold for an average of 97% of asking price.
5 multi-family properties sold last month for prices between $456,000 and $657,000. These properties had been on the market an average of just 15 days and sold for an average of 98% of list price.
Total residential sales volume for September was $11,593,100.
Also see:
BELMONT MA HOMES SOLD IN AUGUST 2009
Data about Belmont MA home sales from MLSpin.
Real Estate Sales in Watertown MA – September 2009
Welcome to the Watertown Real Estate Review
Another month has flown by. Here’s a look back at real estate sales in Watertown MA during September 2009.
Market Snapshot
127 residential Watertown properties were listed for sale in the MLS on September 30, 2009 for prices from $189,000 to $1,395,000. Average days on market was 111.
Real Estate Sales in Watertown – September 2009
Total Watertown residential real estate sales volume closed in September was $$11,654,455
See Also:
AUGUST 2009 WATERTOWN REAL ESTATE MARKET
Medford MA Home Sales in September 2009
Welcome to the Medford Home Sales Report
Another page ripped from the calendar… here’s a look back at Medford MA home sales in September 2009.
Medford MA Homes On the Market
On September 30, 2009 139 residential properties were on the market in Medford Massachusetts priced between $174,900 to $929,000. Properties had been on the market an average of 109 days. The median price of homes for sale in Medford was $369,900.
Medford Mass Home Sales in September 2009
38 properties sold in Medford in September with an average sales price of $341,781. The median sales price was $330,000. Average days on market was 80 days. Homes sold for an average of 98% of the list price.
16 single family homes sold in September for sale prices from $200,000 to $532,500. The median sales price for a single family home was $322,944. Homes were on the market an average of 72 days and sold for an average of 97% of asking price.
14 condos sold in Medford in September priced between $140,000 and $463,250. The median condo price was $296,250. Condominiums sold for an average of 97% of the asking price and had been on the market an average of 109 days.
8 multi-family properties sold during September in Medford MA priced between $300,000 and $632,500. The multi-family market was brisk – multi-families sold for an average of 102% of list price and on average were on the market just 47 days.
Total Medford residential real estate sales volume closed in September was $12,987,688.
Also see:
Medford MA Real Estate Sales in August 2009
SEARCH FOR PROPERTIES FOR SALE IN MEDFORD MASS
Information about homes sold in Medford MA in September 2009 was based on data from MLSpin
Cambridge Home Sales in August 2009
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
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Luxury Condo Auctions – Now The Nouvelle, Then The Esplanade
The Esplanade Condos - 75-83 Cambridge Parkway
I couldn’t help but think of the Esplanade condos in Cambridge when I read on the front page of today’s Boston Globe about the upcoming auction of condos at the Nouvelle in Natick.
The Nouvelle condominiums are the luxury condos built as part of the reworking of the Natick Mall into a luxury mall, the Natick Collection. I haven’t visited the mall yet – I just can’t wrap my head around it since the good old Natick Mall (and its next-door neighbor -now gone – the very cool Shopper’s World) was “my mall” when I was a kid.
Unfortunately for the condo project, the recession, the real estate slow down, and also perhaps the pulling back from conspicuous consumption caused sales to slump.
Owners who did buy condos at market rates should take heart however.
The last slow down in real estate, in the early 1990s, also resulted in auctions of luxury condos. In Cambridge, unsold condominiums at the newly built luxury building, the Esplanade at 75-83 Cambridge Parkway, were sold at auction in 1991.
It’s always hard for us to imagine what real estate values will be in the future. I’m sure that early buyers at the Esplanade were distressed when unsold condos were auctioned. After looking at Esplanade condo values in the years after the auction it would seem that time has healed all wounds. Recent sales in the building have ranged from $435,000 to $1,940,000. The condo that sold for almost 2 million dollars had sold in 1991, the year of the auction, for $540,000. Who would’ve thunk it?!
SEARCH FOR CONDOS AT THE ESPLANADE
SEARCH FOR CAMBRIDGE CONDOS FOR SALE
Arlington Home Sales in August 2009
Arlington MA Home Sales
The month is whizzing by – time to look back and see what Arlington Home Sales looked like in August 2009.
Arlington Massachusetts On Market Snapshot
On August 31, 2009 there were 98 homes on the market in Arlington priced between $179,000 and $1,095,000. Average days on market was 93.
Homes Sold in Arlington in August 2009
60 homes sold in Arlington last month. In August the average sales price was $435,286 and the median sales price was $418,800.
33 Arlington single family houses sold in August priced between $299,000 and $799,000. The median price for a single family house sold in August was $510,000. Average days on market was 48. Houses sold for an average of 99% of list price.
26 Arlington condos sold in August for prices from $136,200 to $577,500. The median price paid for a condo was $341,250. Condominiums sold for an average of 98% of the asking price. Average days on market was 87.
Just one rental property sold in August, a two-family for $410,000.
Home sales in Arlington in August totalled $26,117,170.
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ARLINGTON REAL ESTATE MARKET IN JULY 2009
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