Maybe it was those sales pitches touting proximity to the game-changing Green Line extension. Or maybe the prices were just right. Whatever the reason, a cluster of sales have closed at the newly developed seven-unit Highland at 129 Highland Avenue in Somerville. They are a window into what people are willing to pay for proximity to future transit, never mind the actual stuff.
· Unit 5, a 2-BR, 2-BA spread over 967 square feet, went for $435,000, well above its last asking price of $419,900 (but off its original ask of $439,900).
· Unit 2, a 2-BR, 2-BA over 1,270 square feet, went for its original asking price of $549,900.
· The 2-BR, 2-BA, 1,179-square-foot Unit 4 went for just under its $509,900 asking: $508,000.
· And Unit 6, a 2-BR, 2-BA spread over 1,240 square feet closed for $535,000, well below its original asking of $549,900.
Now here's what you do: Check back with us in five years and see what these are going for post-Green Line through Somerville.
· Green Line Now Part of Somerville Sales Pitches [Curbed Boston]
· Somerville Is Doomed to Be a More Desirable Place to Live [Curbed Boston]