Area Four Market Report

If you weren’t on my list to receive this in the mail, but are curious about the Cambridge market as it relates to Area Four specifically, here’s some data for you…

Looking Back at 2013 Area Four Home Sales

CONDOS – 26 sold in 2013

  1. 22 of these 26 condos (85%) sold for over asking price

  2. average sale price – $481,342

  3. lowest price sale – $260,000 — 266 Windsor Street, Unit B – 1BR, 1 ba, 510 sf below-grade unit without parking

  4. highest price sale – $964,000 — 183 Clark Street, Unit 1 – 3BR, 4.5 ba, 2119 sf, townhouse-style with parking for two cars

  5. average days on market – 17

SINGLE FAMILIES – 1 sold in 2013

64 Hampshire Street – 3BR, 3.5 ba, 1678 sf attached townhome with 1-car garage parking

  1. sale price – $730,000 ($55k over asking price of $675,000)

  2. days on market – 7

MULTIFAMILIES – 2 sold in 2013

104-106 Pine Street – 3-family with 5 total BRs, 3 baths, 2601 sf and parking for three cars

  1. sale price – $903,000 (more than $100k over asking price of $799,000)

  2. days on market – 5

205 Harvard Street – 3-family with 5 total BRs, 3 baths, 2898 sf and parking for three cars

  1. sale price – $1,206,000 (more than $300k over asking price of $899,000)

  2. days on market – 7

Download a PDF of my February 2014 Area Four Market Report here.


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