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Cambridgeport Condos – Cambridge Real Estate Market Activity

Cambridge MA Real EstateCAMBRIDGEPORT is a popular neighborhood for Cambridge real estate buyers.  Cambridgeport  runs from Mass Ave in Central Square to the Charles River between River and Sidney Streets.  Tree lined streets, parks, Victorians, lofts in converted industrial buildings, and turn-of-the-century multi-unit buildings make for an appealing neighborhood.  There are a variety of transportation options in Cambridgeport including buses that run through the neighborhood, the Red Line T stop in Central Square, and the Green Line just over the B.U. Bridge at the far end of Cambridgeport.  Three major universities are minutes away – MIT, Harvard and Boston University.

Cambridgeport Condos For Sale

Cambridge real estate buyers have 29 Cambridgeport condominiums to choose from today, with condos currently on the market priced from $319,000 to $1,495,000. 

Average list price for Cambridgeport condos currently on the market: $599,566

Median asking price for Cambridgeport condos on the market: $559,000

Average price per square foot: $465.  Prices per sq. ft. ranged from $312 to $690.  That compares to an average price per square foot of $480 for all condos currently on the market in Cambridge.

Median price per square foot: $499

Average days on market: 121

Median days on market: 53

Cambridge real estate buyers will find condos in Cambridgeport for sale in vintage brick multi-unit buildings, in converted Victorian houses, in recently built townhouses, and in a converted school building.  Three one-bedroom condos, fifteen two-bedroom condos, and eleven condos with three or more bedrooms are currently on the market in Cambridgeport.

Recent Cambridgeport Condominium Sales

Seventeen condos sold in the Cambridgeport neighborhood of Cambridge, MA in the last six months.  Sale prices ranged from $320,000 to $779,000.

Average sale price: $512,676

Median sale price: $475,000

Average price per square foot: $375

Average days on market: 82

Cambridgeport condos sold included lofts, townhouses, and condos in triple deckers and in multi-unit Victorian houses.

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Somerville Real Estate Market Review – March 2009 Statistics

Somerville MassachusettsThe month of April is zipping by, but I wanted to pause and look back at residential real estate sales activity in Somerville, MA during the month of March. 

Keep in mind that in Massachusetts the real estate sales process takes on average six to eight weeks from the time an offer is accepted to the closing.  March real estate sales reflect properties that, for the most part, went under agreement in January and February.

 217 residential properties were on the market in Somerville on March 31, 2009. The lowest priced property was listed for $125,000, the most expensive for $2,875,000. Average days on market was 120.

22 properties sold (closed) in Somerville during March with an average sales price of $458,144.  The median sales price was $426,088. Average days on market was 162.

One single family sale closed in March for $465,000.

Thirteen condominium sales closed in March. The least expensive condominium sold for $315,500.  The most expensive condo sold in March closed for $880,000.  The median condo sales price was $393,000.  The average days on market was 237.  Somerville condos sold for an average of 98% of list price.

Eight multi-family property sales closed in March. The lowest sale price for a multi-family was $285,000.  The highest price paid was $650,800. The median sales price was $483,000. Multi-families sold for an average of 96% of list price.

Total Somerville closed residential sales volume in March was $10,079,175.

 See Also:

Somerville MA Real Estate Market Activity – January 2009
Somerville MA Real Estate Market Activity – February 2009

 

Real estate sales information from MLSpin

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Medford MA Real Estate Market – March 2009

Medford MAReal Estate Market in Medford MA

March sales figures reflect real estate activity in Medford in January and February because real estate transactions in Massachusetts typically take six to eight weeks from offer to closing.  Here are the real estate numbers for Medford, MA in March:

140 residential properties were on the market in Medford on March 31, 2009. The lowest priced property was listed for $125,000, the most expensive for $950,000. Average days on market was 138.

Real Estate Sales in Medford MA in March 2009

30 properties sold (closed) in Medford during March with an average sales price of $310,185.  The median sales price was $310,500. Average days on market was 111. Properties sold for an average of 96% of asking price.

11 Medford single families homes sold in March.  The least expensive sale was for $155,000. The most expensive house sold for $443,000. The median price for a single family house was $326,000.  Average days on market was 106.  Houses sold for an average of 96% of asking price.

11 condominium sales closed in March. The least expensive condominium sold for $165,000.  The most expensive Medford condo sold in March closed for $380,000.  The median condo sales price was $222,250.  Condos sold for an average of 96% of the asking price.  Average days on market was 120.

multi-family sales closed in March. The lowest sale price for a multi-family home was $295,000.  The highest price paid was $560,000. The median sales price was $355,000. Multi-families sold for an average of 97% of list price.  Average days on market was 108. 

Total Medford residential real estate sales volume closed in March was $9,305,550.

Also see:  

Information based on residential sales data in MLSpin

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Cambridge Real Estate – March 2009 Real Estate Market Statistics

Cambridge MAIt’s that time of the month again – time to look at the monthly real estate market statistics in Cambridge. The real estate market is busy and it is not uncommon for newly listed properties to sell during the first week on the market. The closed sales in March reflect the properties that went under agreement about six to eight weeks before.  Here are the March 2009 real estate sales in Cambridge:

355 residential properties were on the market in Cambridge on March 31, 2009. The lowest priced property was listed for $185,000, the most expensive for $4,850,000. Average days on market was 114.

36 property sales closed in Cambridge during March with an average sales price of $627,518.  The median sales price was $463,200.  Average days on market was 92.

7 single family sales closed in March.  Sale prices ranged from $471,500 to $2,895,000.  The median price was $975,000.  Average days on market was 93.

25 condos closed in March. The least expensive condominium sold for $262,500.  The most expensive condo sold for $1,250,000.  The median condo sales price was $419,000.  Condos sold for an average of 98% of the asking price.  Average days on market was 70.

Four multi-family sales closed in March. The lowest sale price for a multi-family was $352,351.  The highest price paid was $810,000.  Multi-families sold for an average of 92% of list price.  Average days on market was 222.

Total Cambridge closed residential real estate sales volume in March was $22,590,646.

  Also see:

Cambridge Real Estate Activity in January 2009
Cambridge Real Estate Activity in February 2009

Information from MLSpin.

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Arlington MA Real Estate Market – Real Estate Sales in March 2009

Arlington MassachusettsThe Arlington real estate market is in full swing. Many single families sell the first weekend and it is not uncommon for the seller to recieve multiple offers.

Arlington Real Estate Market Statistics for March 2009

Properties Currently on the Market in Arlington Massachusetts

98 residential properties were on the market in Arlington on March 31, 2009. The lowest priced property was listed for $136,999, the most expensive for $1,149,000. Average days on market was 102.

Real Estate Sales in March in Arlington MA

Information about closed residential real estate sales reflects transactions that went under agreement some six to eight weeks before the closing. Most March real estate sales reflect activity in January and February.

11 properties sold (closed) in Arlington during March with an average sales price of $411,409.  The median sales price was $385,000. Average days on market was 57.

Arlington single families sold in March.  The least expensive sale was for $363,500. The most expensive house sold for $700,000. The median price for a single family house was $555,750.  Average days on market was 60.  Houses sold for an average of 95% of asking price.

condominium sales closed in March. The least expensive condominium sold for $175,000.  The most expensive Arlington condo sold in March closed for $390,000.  The median condo sales price was $290,500.  Condos sold for an average of 98% of the asking price.

multi-family sold in March for $556,000.

Total Arlington residential real estate sales volume closed in March was $4,525,500.

See also:
Arlington Real Estate Market Statistics for January 2009
Arlington Real Estate Market Statistics for February 2009

Information is from MLSpin

 

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Belmont Massachusetts Real Estate Market in March 2009

Belmont MassachusettsThe residential property sales in Belmont, MA during the month of March reflect properties that went under agreement in January and February.  Real estate sales in Massachusetts typically take six to eight weeks to close after an offer is accepted.

Current Real Estate Inventory in Belmont MA:

100 residential properties were listed for sale in Belmont on March 31, 2009. The lowest priced property was listed for $219,000, the most expensive for $2,695,000. Average days on market was 143.

Closed Real Estate Sales in Belmont MA in March:

9 properties sold (closed) in Belmont during March with an average sales price of $385,988.  Average days on market was 124.  Properties sold for an average of 97% of list price.

Belmont single family homes sold in March for $375,000 and $525,000.

Belmont condos closed in March.  The lowest price paid for a condo was $242,000. The most expensive condominium sold this month for $417,000.  Average days on market was 116.

2 Belmont multi-family properties sold in March for$516,766 and $535,000.

Total residential sales volume for March was $3,473,889

 

See also:
January 2009 Real Estate Sales Activity in Belmont 
February 2009 Real Estate Sales Activity in Belmont

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Watertown By the Numbers – March 2009 Real Estate Market Statistics

Watertown MassachusettsWondering what’s happening in the Watertown, Massachusetts real estate market?  Here’s the real estate market activity for the month of March 2009.  Keep in mind that sales that closed in March reflect properties that, in most cases, went under agreement some six to eight weeks earlier. 

109 residential properties were on the market in Watertown on March 31, 2009. The lowest priced property was listed for $209,000, the most expensive for $1,395,000. Average days on market was 129. 

14 residential properties sold (closed) in Watertown during March with an average sales price of $384,393.  The median sales price was $392,000. Average days on market was 116.
 
Watertown single families sold in March, for prices of $270,000 to $510,000.  Average days on market was 64.
 
condominiums sold in March. The least expensive condominium sold for $175,000.  The most expensive Watertown condo sold in March closed for $500,000.  The median condo sales price was $382,900.  Condos sold for an average of 95% of the asking price.  Average days on market was 133.
 
multi-family sales closed in March, one for $440,000 and another for $550,000.  The multi-families sold for an average of 89% of asking price.
Total Watertown residential real estate sales volume closed in March was $5,381,500.

 

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New To The Market – Condos in Cambridge and Somerville

It’s that time of year – lots of new inventory and a loooong tour on Wednesday when we see the new listings that the Cambridge Coldwell Banker offices are bringing on the market.

I try to post this on Wednesday but since two of the 15 properties we saw on tour were my own listings I’ve been busy writing ads, designing feature sheets, taking photographs, and, happily – booking appointments.  There’s a lot of activity in the market right now – spring is here!

Harvard Square Two-Bedroom Condo

15 Trowbridge Street Cambridge

15 Trowbridge Street Cambridge

This condo is a charmer!  It’s in a handsome turn-of-the-century building just a hop, skip and a jump from Mass Ave and Harvard Square, and Central Square just down the street.  The condo is on the back side of the building and there’s a good sized backyard. Walk out the front door and you’re in the middle of everything that makes Cambridge such a fun place to live – cafes, pubs, restaurants, libraries, bookstores, and more.  While you’ve got all your public transportation needs covered – take your pick  and walk to the T stop in Harvard Square or Central Square or hop on the bus that runs down Mass Ave – you’ve also got a parking space – a coveted amenity in mid-Cambridge. 

The condo is a wonderful combination of original details like hardwood floors and high ceilings and modern updates.  The bath has undergone a stylish renovation and the stainless steel fridge and gas range in the kitchen are new. The master bedroom is generously sized and holds a king-sized bed – a real bonus in a city condo – and has a walk-in closet.  The second bedroom has two closets, there’s a coat closet in the hall, and additional storage in the basement.

I’m delighted that the weather forecast sounds promising for Sunday.  There’s an open house scheduled for 11:30 to 1 pm on the 15th and I plan to open the kitchen door to the deck and let the breezes in.  Hope to see you there.

15 Trowbridge Street Unit 7, Cambridge, MA 02138 is priced at $419,000. 

Somerville Two-Bedroom Two-Bath Condo

14 Arlington Street Somerville

14 Arlington Street Somerville

This spacious Somerville two-bedroom condo has all the amenities on your wish list – central air conditioning, two baths, two car parking, in-unit laundry and an updated kitchen.  On the top floor of a six-unit mansard on a street lined with historic homes, the building has been thoroughly upgraded and has a contemporary feel inside.  And with the T station just a five minute walk  away and easy access to major highways and to Boston, the location is ideal for commuting.

You can spread out in this condo – the entertaining spaces are open and the master bedroom is large with its own bath  and sliders to a small deck. There’s a second bedroom and a separate office.   The kitchen has new counters, updated cabinets, and stainless steel appliances, and a pantry closet.  Your guests can sit at the counter bar while you’re preparing dinner.  There’s also extra storage in the basement.

Set on a side street just one block from the bustle of Broadway, you can stroll to neighborhood restaurants and stores.  The new Stop and Shop and a variety of award winning restaurants are nearby.  The new development at Assembly Square, set to include an Ikea, is  also close by.

14 Arlington Street Unit 3, Somerville, MA is priced at $299,000 and will be open on Sunday, March 15 from 2 to 3:30.  I look forward to seeing you there!

If you would like more information please email me or call me at 617-504-1737.

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