Want a Single-Family Home in Cambridge?

February 8, 2011

If so, you’re not alone — these properties are in demand and hard to come by — especially at price points below $1 million. I recently had a listing for an attached single (townhouse style) just outside of Central Square listed at $449,000. Within a week, I had multiple offers — all very good — and we went under contract. It’s all very basic supply-and-demand: Cambridge has roughly 100,000 residents, but fewer than 4,000 single family homes!

Because I’m a huge data geek, I recently did some analysis on the market for single family homes in Cambridge and put together a report of my findings, which you can download here.

This lovely home on Appleton Street can be yours for a cool $3M (well, actually only $2,975,000).

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