With the recent news that Cambridge's median sales price has ascended well past $1,000,000, we thought it was as good a time as any to look at what that seven-figure threshold buys you in the lefty, leafy environs of Boston's neighbor across the Charles. Turns out not much. Most of Cambridge's million-dollar condos and single-families (and those thereabouts) are spoken for, which probably goes a long way to explaining the super-expensive housing market. In fact, we found only four Cambridge homes on the sales market as of Wednesday asking from $950,000 to $1.1M.
The first is Unit 302, a 1-BR, 1-BA at the Riverview condo at 221 Mount Auburn Street. Pictured above, it has the temerity to ask $1,100,000 for its 988 square feet. Gorgeous vus, yes, and a full-service building (plus a 120-square-foot terrace). But $1,113 a square foot? Hmm...
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Our second Curbed Comparison is a 3-BR, 2.5-BA condo at 28B Bradbury Street, which is, according to the listing, "discreetly located behind the building known as Riverview." This duplex is 2,007 square feet; and comes with a W/D. It's asking $1,075,000.
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This 2-BR, 2-BA, 1,106-square-foot spread is also in Riverview. Unit 308 comes with parking; has a 30-foot-long terrace; and is asking $1,050,000.
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This 5-BR, 3-BA condo at 288 Western Avenue is currently being leased for $5,000—the investment potential is part of the sales pitch, in fact. The 1,897-square-foot duplex has central air and private exterior space. It's asking $965,000.
· Greater Boston's Condo Desert Experiencing a Drought [Curbed Boston]
· Our Curbed Comparisons archive [Curbed Boston]