Back To Blog

Cambridge and Somerville Buy Sell Report for February 12 - 25, 2017

Cambridge and Somerville Buy Sell Report
February 12 - 25, 2017
Cambridge & Somerville Buy & Sell Report Illustration

CLICK HERE to see the 20 sales in Cambridge and Somerville, MA for the period February 12 through February 25, 2017.

On February 16, 2017, 88 Pearl Street Unit 2 in Cambridge - located in the Cambridgeport neighborhood - sold for $870,000. This is a townhouse with 2 beds, 1.5 baths and 962 square feet of living area. Part of a two-unit association that was renovated in 2011, 88 Pearl Street Unit 2 last sold for $487,000 in 2011. This time around in 2017, the list price was $739,000. The sale price of $870,000 ($904 a square foot) is $131,000 over the asking price. Amazing! Hot market.

On February 17, 2017, 56 Line Street Unit 3 in Somerville sold for $870,000. This is a top floor residence with 3 bedrooms, 2 bathrooms and 1,520 square feet in a new construction three-unit building. Unit 3 sold for $572 a square foot. 56 Line Street Unit 2 sold for $840,000 in early February 2017. 56 Line Street Unit 1 - a larger duplex unit - was still for sale at press time.

Also on February 17, 2017, 2 Blanchard Road in Cambridge sold for $3,425,000. Built in 2010, this 5,700 square foot single family home overlooks Fresh Pond Golf Course and Fresh Pond. Listed for sale $3,999,000 on September 8, 2016, it was then reduced to $3,949,000 on October 27, 2016, and posted under accepted offer on January 1, 2017. The sale price of $3,425,000 is 86.7% of the last asking price. 

On February 14, 2017, I launched my new Curaytor website - CambridgeRealEstate.com. Be sure to check it out! This new website can also be reached via SomervilleRealEstate.com.  My new site will complement CharlesCherney.com. On both websites, you will have easy access to all the listings in Cambridge and Somerville.


 

On February 23rd and 24th, the temperature soared into the 70s. Absolutely incredible! Spring fever is sure to set in early this year!

CLICK HERE to see the active Cambridge listings.

CLICK HERE to see the active Somerville listings.

I help buyers buy and sellers sell in Cambridge and Somerville, MA. Here to help you. Let's talk.

Call me at 617-733-8937 or email me.

See answers to frequently asked questions at AskCharlesCherney.com

Check out all editions of the Cambridge Somerville Buy Sell Report at CharlesCherneyBuySellReport.com         

Cambridge and Somerville Real Estate Blog

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

Comments

  1. No comments. Be the first to comment.