The state is moving to sell the Middlesex County Courthouse.
But there are a couple of buyer-beware caveats. First, the 22-story building is stuffed with asbestos. OK, developers have dealt with such tricky problems before. But the building also has some tenants. Not paying tenants. But non-paying tenants who all generally want to break their leases: [...]

The long-stalled North Point project in Cambridge could be saved by, of all people, Earvin “Magic” Johnson. The former NBA star’s Canyon-Johnson has joined other investors in trying to re-start the giant development project, which hopes to build another 5 million square feet of residential, commercial and retail space on the site of the old [...]

It looks like it may take a while to untangle the North Point development debacle in East Cambridge.
The big question: Will the MBTA push ahead on building a new Green Line T station near Lechmere, paving the way for the planned Green Line expansion? No new station, no expansion. The developers were supposed to [...]

Median sale prices for condominiums in Cambridge increased in January compared to a year earlier, and the number of sales rose as well.

The new report from the Warren Group, which publishes Banker & Tradesman, stated this week that nine single-family homes were sold in Cambridge in January compared to just one a year earlier.
The median [...]

Comparing Cambridge condo sales in 2008 with 2009.
2008-Cambridge Port – Avg sales price $550,305. # sales – 49
2009-Cambridge Port – Avg sales price $512,607. # sales – 61
2008-Central Sq – Avg sales price $337,016.00. # sales – 32
2009-Central Sq – Avg sales price $388,596.00. # sales – 27
2008-East Cambridge – Avg sales price $510,490. # [...]

The average Cambridge condo sales prices are up from last year.
8/1/09 – 10/31/09
Number of Cambridge condo sales – 197
Average Cambridge condo sales price – $473,418.00
Number of days on the market – 73.90
Average price per sq ft – $430.00
———————————————–
8/1/08 – 10/31/08
Number of Cambridge condo sales – 229
Average Cambridge condo sales price – $465,605.00
Number of days on [...]

The number of Cambridge condo sales this summer compared to last might be down but according to MLS the price per sq ft for Cambridge condo is up. 6/1/08 – 8/31/08 – average price per sq ft $436.00. In 2009, 6/1/09 – 8/31/09 – average price per sq ft for a Cambridge condo $439.00

Comparing the first 6 months of Cambridge condo sales of 2009 with 2008.
Cambridge Condo Sales in 2009
Number of Cambridge condos sold – 256
Avg. list price of a Cambridge condo – $437,132.00
Avg. sales price of a Cambridge condo – $424,355.00
Avg. days on the market – 87.13
Avg. price per sq ft – $422.00
Cambridge Condo Sales in 2008
Number [...]