Cambridge and Somerville Real Estate RE/MAX

The Abrams & La Brecque Team specializes in selling luxury real estate in Cambridge, Somerville, and adjacent towns. We serve sellers and buyers who want exceptional results in the process of selling or buying their homes. Our innovative marketing system consistently sells real estate quickly and for top dollar in any market conditions.

 

Blog Highlights

Cambridge, Massachusetts: 2017 Market Summary

 

Cambridge market 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

Somerville, Massachusetts: 2017 Market Summary

 

Somerville 2017 Market

The number of sales of residential properties (condominiums, single families, and multi-families) in Cambridge decreased by 9.5% in 2017 compared to 2016. There were 777 sales in 2017, compared to 859 sales in 2016.

Total market volume decreased by 1.95%. 2017 total volume was $833,539,314 compared to 2016 volume of $850,116,673.

The average sale price increased by 8.4%. The average sale price in 2017 was $1,072,766, compared to $989,659 in 2016.

The median sale price increased by 10.3%. The median sale price in 2017 was $835,000, compared to $757,000 in 2016.  

The lowest sale price was $297,000. The highest sale price was $7,400,000.

At the end of 2017, inventory was down 34.1% from 2016. On December 31, 2017, there were 29 units on the market. On December 31, 2016, there were 44 units on the market.


All statistics are from MLS Property Information Network.

 

Arlington, Massachusetts: 2017 Market Summary

 

Arl-2016-2017-Market.jpg

 

The number of sales of residential properties (condominiums, single families, and multi-families) in Arlington decreased by 8.8% in 2017 compared to 2016. There were 548 sales in 2017, compared to 601 sales in 2016.

Total market volume decreased by 1.3%. 2017 total volume was $389,819,436, compared to 2016 volume of $394,925,558.

The average sale price increased by 8.3%. The average sale price in 2017 was $711,349, compared to $657,114 in 2016.

The median sale price increased by 7.7%. The median sale price in 2017 was $685,000, compared to $636,000 in 2016.  

The lowest sale price was $159,000. The highest sale price was $1,755,000.

At the end of 2017, inventory was down 68.4% from 2016. On December 31, 2017, there were 6 units on the market. On December 31, 2016, there were 19 units on the market.


All statistics are from MLS Property Information Network.

 

 

 

Video Tour of 20 Hall Avenue, #2, Davis Square, Somerville





Ed Abrams speaks about why he joined RE/MAX Destiny

 

 

 

205 Richdale Ave...

May 18th, 2018
I just finished uploading this Condo for sale, 205 Richdale Avenue - Unit A20, Cambridge, MABright, modern top floor 2 bed...Click here to read more detail about '205 Richdale Ave...'

221 Willow Avenu...

May 18th, 2018
I just finished uploading this Condo for sale, 221 Willow Avenue, Unit 2, Somerville, MAMint renovated, sunny, prof decora...Click here to read more detail about '221 Willow Avenu...'