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Single family sales in 2013 in Cambridge, MA for $200,000+ over asking price

WOW!!! 66 Sparks Street is a single family in Cambridge, MA that sold for $5,000,000 in 2013 - a whopping $1,300,000 over the asking price of $3,700,000.

MLS reports 102 single family properties SOLD in Cambridge, MA in 2013 through September 11, 2013. 
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For these 102 single family sales in Cambridge, MA in 2013, the average sale price is $1,280,364. On average, the sale price is 102% of the list price. Two percentage points over the asking price is not insignificant. That being said, consider these eight single family sale events in Cambridge, MA in 2013, all of which sold for $200,000+ OVER the asking price.
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EIGHT SINGLE FAMILY SALES IN CAMBRIDGE, MA in 2013 FOR $200,000+  MORE THAN ASKING PRICE:
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8. Selling for $200,000 OVER the asking price: 48 Garden. Listed for sale for $1,900,000. Sold for $2,100,000. Property in need of a whole house renovation at point of purchase. 10,000 square foot lot. Just outside Harvard Square in Neighborhood 9.
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7. Selling for $225,000 OVER the asking price: 47 Roberts Road. Listed for sale for $800,000. Sold for $1,025,000. Fixer-upper in Mid Cambridge near Cambridge Hospital.
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6. Selling for $235,000 OVER the asking price: 4 Lowell Street. Listed for sale for $3,180,000. Sold for $3,415,000. Between Brattle Street and Mount Auburn Street. Nice single family in a prime West Cambridge location.
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5. Selling for $307,000 OVER the asking price: 7 Humboldt Street. Listed for sale for $825,000. Sold for $1,132,000. Avon Hill. House not habitable at point of sale. Only 1,200 square feet.
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4. Selling for $350,000 OVER the asking price: 245 Grove Street.  Listed for sale $2,350,000. Sold for $2,700,000. Built in 2006. Overlooking Fresh Pond in Cambridge Highlands. 133 days on market. Patience pays off!
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3. Selling for $360,000 OVER the asking price: 26 Parker Street. Listed for sale for $995,000. Sold for $1,355,000. Total fixer-upper. Severe slope to floors. Parker Street is off Concord Avenue outside of Harvard Square.
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2. Selling for $371,000 OVER the asking price: 32 Ash Street.  Listed for sale for $1,879,000. Sold for $2,250,000. Attached. Harvard Square location. In need of updating.
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1. Selling for $1,300,000 OVER the asking price: 66 Sparks Street. Listed for $3,700,000. Sold for $5,000,000. Fixer upper in West Cambridge. Not a typo. This one sold for $1,300,000 OVER the asking price! CLICK HERE to read Curbed Boston blog post on this sale.
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Thinking of buying or selling in Cambridge or Somerville, MA? You can reach me at ccherney@hammondre.comor 617-733-8937.
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