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Cambridge

Modern & Classic

The City of Cambridge is located north of Boston, directly across the Charles River. The entire city stretches 7.13 square miles. Cambridge has a very authentic vibe which can be attributed mostly to its two world class schools: Harvard & MIT. It is a combination of old, classic architecture and new, modern buildings. It is a mix of rich American history alongside cutting edge, innovative tech & biotech headquarters.

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More About Cambridge

There are many different neighborhoods within Cambridge, and it has been nicknamed the “City of Squares”. Just a few of these squares are Technology Square, Harvard Square, Central Square, Porter Square, and Inman Square. Cambridge is easily accessible via several different means of transportation. The MBTA Red Line runs right through the city, as well as the Lechmere stop on the Green Line. There are also numerous bus stops.

Cambridge has several luxury buildings but is predominantly known for its strong condo market and larger, historic homes that date back over 200 years.

Cambridge

Cambridge

Market Insights

  • Cambridge has not experienced the level of new residential condominium development that Boston has in the past decade, and the COVID-19 pandemic will likely cause this to continue into 2021. The only new larger developments since 2008 have been North Point (Earhart Street, 230 units built in 2009), The Rand, (1975 Massachusetts Ave, 20 units built in 2016), and Point 262 (Monsignor Blvd, 55 units built in 2018).
  • Regatta Riverview, built in 1998, had five sales in Q2 2020, ranging in price from $580,000 to $1,162,500
  • The most expensive condo sold in Cambridge in Q2 2020 was $3,003,000, a 2,736 SF 3BR/2.5BA located at 4 Bond Street near West Cambridge
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