Eastern Cambridge Neighborhoods Report

October 12, 2010

As a Central Square/Area Four homeowner and resident, I have a particular fondness for the eastern side of the city. From Riverside to Inman, East Cambridge to Kendall Square, each neighborhood here has its own special charm, with unique histories, great local businesses, beautiful little parks and community gardens, and fantastic residents. So for all of you who live here now, or are thinking of buying a home in the area, here’s some information you might find useful…

2010 Home Sales Snapshot

Zip Code 02141 Year-to-Date Sales

  • 8 single families sold: Average days on market: 100, average sale price: $410,000, average sale-to-list price ratio: 97%
  • 89 condos sold: Average days on market: 104, average sale price: $435,025, average sale-to-list price ratio: 97%
  • 10 multi-families sold: Average days on market: 66, average sale price: $517,780, average sale-to-list price ratio: 93%

Zip Code 02142 Year-to-Date Sales

  • 11 condos sold: Average days on market: 182, average sale price: $1,124,114, average sale-to-list price ratio: 93%
  • (No single- or multi-family homes have been sold this year in 02142.)

Zip Code 02139 Year-to-Date Sales

  • 15 single families sold: Average days on market: 52, average sale price: $669,300, average sale-to-list price ratio: 97%
  • 178 condos sold: Average days on market: 62, average sale price: $465,920, average sale-to-list price ratio: 98%
  • 14 multi-families sold: Average days on market: 79, average sale price: $668,135, average sale-to-list price ratio: 97%

On the Market Now

The following data reflects MLS “active” listings as of October 11, 2010

Zip Code 02141Listings

6 Single-families

  • 1 listed under $300,000
  • 3 listed at $300,000 – $499,999
  • 1 listed at $500,000 – $699,999
  • 1 listed at $1M+

70 Condos

  • 9 listed under $300,000
  • 35 listed at $300,000 – $499,999
  • 20 listed at $500,000 – $699,999
  • 4 listed at $700,000 – $999,999
  • 2 listed at $1M+

11 Multi-families

  • 1 listed under $300,000
  • 2 listed at $300,000 – $499,999
  • 1 listed at $500,000 – $699,999
  • 3 listed at $700,000 — $999,999
  • 4 listed at $1M+

Zip Code 02142 Listings

8 Condos

  • 3 listed at $500,000 – $699,999
  • 4 listed at $700,000 – $999,999
  • 1 listed at $1M+

(No Single- or Multi-families)

Zip Code 02139 Listings

8 Single-families

  • 2 listed at $300,000 – $499,999
  • 3 listed at $500,000 – $699,999
  • 1 listed at $700,000 – $999,999
  • 2 listed at $1M+

95 Condos

  • 13 listed under $300,000
  • 47 listed at $300,000 – $499,999
  • 15 listed at $500,000 – $699,999
  • 17 listed at $700,000 – $999,999
  • 3 listed at $1M+

6 Multi-families

  • 4 listed at $700,000 – $999,999
  • 2 listed at $1M+
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