Cambridge Real Estate Sold In May 2010

Welcome to the Cambridge Real Estate Report

Welcome to the Cambridge Real Estate Report

Here’s a quick recap of Cambridge real estate sold in May 2010:

Cambridge Real Estate On the Market – May 31, 2010

On May 31, 2010  there were  426 homes listed for sale in Cambridge Mass.  Asking prices ranged from $162,500 to $4,500,000.  The median asking price was $529,450.  Properties had been on the market an average  of 90 days. 

Cambridge Real Estate Sold in May 2010

75 homes sold in Cambridge during May2010 for prices from $230,000 t0 $2,355,000.   These properties had been on the market an average of 75 days.

7 single family houses sold in May 2010 for prices ranging from $644,500 to $2,355,000.  Average days on market was 76 and these houses sold on average for 104% of asking price.  The median sales price was $1,237,500.

Condominiums made up the bulk of sales with 65 condos sold in Cambridge in May for sales prices from $230,000 to $1,560,000.  The median condo sales price was $412,000.  Condos sold on average for 98% of the asking price and were on the market an average of 77 days.

Just 3 multi-families sold in May – one in the $500,000s and two in the $700,000s.  Average days on market was just 32.

The total value of Cambridge real estate sold in May 2010 was $42,239,155.

Information about the Cambridge real estate sold in May 2010  from MLSpin.

Last month’s numbers:

Cambridge Real Estate Market in April 2010

SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE MASS

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Cambridgeport Trolley on Brookline Street?

Cambridgeport Trolley on Brookline Street?   They’re repaving Brookline Street in Cambridgeport (where aren’t they repaving lately?) and it’s an opportunity for an interesting look at what lies beneath the blacktop.

If you happened to drive or walk by while the work was underway you got a look at the old street covering.  It seems that Brookline Street was paved with brick at one time. 

What lies beneath Brookline Street in Cambridge

What lies beneath Brookline Street in Cambridge

Even more unexpectedly it seems that perhaps there was a trolley line running down the streets. Here’s a photo of the tracks that have just been pulled out and placed at the left of the street by the sidewalk.

Pulling out trolley tracks on Brookline Street in Cambridgeport

Pulling out trolley tracks on Brookline Street in Cambridgeport

I can’t find anything about a trolley line on Brookline Street. My family lived at the end of the street for eighty or so years and I meant to ask my dad if he remembers a trolley.  Anybody know the story?

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Hawk Nest at 185 Alewife Brook Parkway in Cambridge

I’ve been meaning to write about the hawk nest at 185 Alewife Brook Parkway in Cambridge for a week or two but real estate has been keeping me too busy to blog.

I was out on a tour with buyers when we passed a group of people with binoculars looking up at the office building across from Whole Foods. The nest on the front of the building is quite large and hard to miss once you try to figure out what everybody’s looking at.

A quick search pulled up all sorts of info about the red-tailed hawk nest and its occupants – the two parents and their three baby chicks. Here’s a video that tells the story of the Cambridge hawk family.  There’s also an update on youtube that shows the chicks in the last few days – they’re really getting big!

The Boston Globe had a long article about the hawks today and it hit the news on TV this evening as well. The hawk family is famous! 

According to the Globe article, traffic’s been affected as people slow to try to figure out what’s going on. Truthfully the traffic through this stretch is so horrendous you’re typically sitting there anyways. 

Two of the baby red tailed hawks at 185 Alewife Brook Parkway

2 of the baby red tailed hawks at 185 Alewife Brook Parkway

Update on May 29th:  I finally stopped and joined the crowd watching the birds.  The babies are so big now that you can see them clearly when you’re driving by – and it sometimes seems that only one or two are still in the nest. 

But no – all three are still there though they seem to take turns standing up at the front of the nest.

I think that’s why some of the birdwatchers return day after day – they’re hoping to catch the hawks’ first flight.

 

It must be getting pretty crowded in that nest. And as my dad commented – those hawk parents are working really hard keeping those big baby birds fed.

My dad was a bit blase about hawk watching since he’d just been fishing up in New Hampshire the day before and had a close-up view of the bald headed eagle that nests at the lake.

Watching the hawks across from Whole Foods

Watching the hawks across from Whole Foods

Birdwatching traffic problems remind me of another amazing roadside birdwatching opportunity – the blue heron rookery on Route 2 near 495 – it’s in Littleton I think.  When the herons first nested here cars lined the side of the highway as people parked to watch these beautiful birds. In short order no parking signs were posted.  Nowadays you have to crane your neck as you zoom by – not the safest way to birdwatch.  Someday I’m going to find some place to park and hike back.

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Cambridge Real Estate Market – April 2010

Welcome to the Cambridge Real Estate Market Report

Welcome to the Cambridge Real Estate Market Report

The Cambridge real estate market has been cooking this spring  – spurred in part by the home buyers credit that ended in April.  Buyers trying to catch the credit have to close on their home purchases by the end of June so watch for increased sales figures in the next two months.  In the meantime let’s look at the sales that closed in the Cambridge real estate market in April 2010.

Homes For Sale In Cambridge – April 30, 2010

On April 30, 2010  there were  445 homes listed for sale in Cambridge MA.  Asking prices ranged from $199,000 to $4,500,000.  The median asking price was $539,000.  Homes had been on the market an average  of 80 days. 

Cambridge Real Estate Market in April 2010

75 home sales closed in Cambridge during April 2010 – an increase of more than 30% over last year when 57 sales closed in the month of April.  Last month, sale prices ranged between $185,000 and $1,390,000.   Average days on market was 94 days for these properties.

8 single families sold in April 2010 for prices ranging from $465,000 to $1,390,000.  Average days on market was 43 and houses sold on average for 96% of asking price.  The median sales price was $790,000.

Condos sold briskly this spring with 64 condominiums sold in Cambridge in April for sales prices from $185,000 to $829,000.  The median condo sales price was $411,250.  Condos sold on average for 98% of the asking price and had been on the market an average of 101 days.

Multi-family properties make up a much smaller part of the Cambridge real estate market since so many have been or are converted to condominiums. Just 3 multi-families sold in April for sales prices from $260,000 to $565,000.  The median price was $501,000. 

The total value of homes sold in Cambridge during April 2010 was $35,415,883.

Information about the Cambridge real estate market in April 2010  from MLSpin.

Last month’s numbers:

Cambridge Real Estate Sales in March 2010

SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE MASS

SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE MASS

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Cambridge Home Sales – March 2010

Welcome to the Cambridge Home Sales Report

Welcome to the Cambridge Home Sales Report

Time for a look back at last month’s real estate activity – here are the Cambridge homes sales in March 2010.

On the Market In Cambridge – March 31, 2010

On March 31, 2010  there were  368 homes listed for sale in Cambridge MA.  Asking prices ranged from $189,900 to $6,800,000.  The median asking price was $529,500.  Homes had been on the market an average  of 94 days. 

Cambridge Mass. Real Estate Market in March 2010

57 home sales closed in Cambridge during March for sale prices between $243,500 and $1,750,000.   Homes that sold had been on the market an average of 90 days.

Just 5 single families sold in March 2010 for prices ranging from $615,000 to $1,750,000.  Average days on market was 88 and houses sold on average for 97% of asking price.  The median sales price was $850,000.

47 condominiums sold in Cambridge in March for sales prices from $243,500 to $1,340,000.  The median condo sales price was $416,000.  Condos sold on average for 98% of the asking price and were on the market an average of 96 days.

5 multi-families sold last month for sales prices from $500,000 to $775,000.  These properties were on the market an average of 41 days and sold for an average of 101% of asking price.

The total value of homes sold in Cambridge during March 2010 was $29,179,793.

Information about Cambridge home sales in March 2010  from MLSpin.

Last month’s numbers:

Cambridge Real Estate Sales in February 2010

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Street Cleaning Starts In Cambridge

Street Cleaning In Cambridge Starts Today

Street Cleaning In Cambridge Starts Today

It’s no joke if your car got towed this morning – street cleaning in Cambridge started today, April 1, 2010.

Cambridge streets are  swept each month and if your car is still on the street you’ll be towed and get a ticket. Ouch!

There’s more information on the Cambridge street schedule on the City’s website.

Moving the car is a hassle and getting towed is a lousy way to start or end your day but I’m psyched that the streets are getting cleaned again.  Litter is one of my biggest pet peeves and Cambridge is overdue for a cleaning.

Happy April Fool’s Day!!

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First Day Of Spring In Cambridge

The first day of spring in Cambridge felt more like summer.  Wow!  What a week of great weather.  We earned it after the torrential rain the weekend before.

Well you know what they say about showers… flowers follow.

Only the crocuses are out now but there’s lots to look forward to.

Here, to celebrate the first day of spring, are some photos taken last year of spring gardens in Cambridge and Somerville.

 
You’ll get a chance to see more spring flowers when the Secret Gardens of Cambridge garden tour returns on June 13th.

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Oysters In Cambridge – Then And Now

Former Aku-Aku Tiki Is Now A Sea Captain At The Summer Shack

Former Aku-Aku Tiki Is Now A Sea Captain At The Summer Shack

Oysters in Cambridge – Then and Now.   Did you know that Cambridge was once home to extensive oyster beds?

Cambridge Oysters – Then

The oyster beds were along the banks of the Charles in what is now Cambridgeport.  In the 1600s the oyster beds produced enormous oysters in such quantities that navigating past the reef on the Charles River was difficult.

The salt marshes that bordered the river were filled in the 1800s and the oyster beds are now covered by land that includes Fort Washington and MIT.

Oysters In Cambridge – Now

A local group  – the Massachusetts Oyster Project – is working to reintroduce oysters to rivers that flow into Boston Harbor.  The group has introduced oysters to the Charles River in Charlestown.

Oysters filter water and can counteract pollution.  A renewed oyster population will lead to a cleaner Charles and a cleaner Boston Harbor.

You’re probably not going to be eating oysters out of the Charles anytime soon.  So where can you get oysters in Cambridge?

Where To Buy Oysters In Cambridge

Cantabridgians in search of raw oysters have a number of local options:

Jasper White’s Summer Shack at Alewife has a popular oyster bar.  This is the first Summer Shack, opened in 2000, in the former Aku-Aku.  The tiki at the front entrance is now a sea captain in a yellow slicker.  617-520-9500.

The raw bar at the East Coast Grill on Cambridge Street in Inman Square is another popular option for oyster lovers.  617-491-6568

Rialto in Harvard Square has Duxbury oysters for $1 on Monday nights. 617-661-5050

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