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Luxury Homes for Sale in Boston, Cambridge & Somerville MA | Travers Peterson

Travers Peterson

Travers Peterson combines his extensive expertise of the real estate market with a personal commitment to guiding each of his clients through their un...

Travers Peterson combines his extensive expertise of the real estate market with a personal commitment to guiding each of his clients through their un...

Apr 6

Boston, Cambridge & Somerville Luxury Real Estate

Luxury Living in Boston & Cambridge: This Week’s Must-See Homes Near $1M+

Travers Peterson of Coldwell Banker presents this week’s curated luxury opportunity across Boston, Cambridge, and Somerville—highlighting boutique new construction and high-demand properties in one of Greater Boston’s most competitive markets.

Why Buyers Are Watching This Market Closely

Greater Boston continues to show impressive resilience in the luxury and upper-midrange market. Across Boston, Cambridge, and Somerville, average sale prices have remained strong, homes are still trading close to list price, and well-positioned properties continue to attract serious attention.

For buyers, that means opportunities still exist—but the best homes are the ones with strong finishes, smart layouts, and locations that support both lifestyle and long-term value. For sellers, it’s a reminder that standout presentation and strategic pricing still matter.

Featured Listing

Featured Boston Condo

80 Terrace Street #501, Boston, MA 02120

$989,000

2 Bedrooms | 2 Bathrooms | 1,087 Sq Ft

Discover one of the rare opportunities to own at Mission Hill’s newest luxury condominium, an exclusive nine-residence boutique building in the heart of Boston. These thoughtfully designed homes feature spacious two-bedroom, two-bath layouts with modern open-concept living.

The primary suite offers a generous walk-in closet and a private bath with double vanity, Marazzi tile shower, and custom glass enclosure. The kitchen is beautifully appointed with Caesarstone countertops, Bosch Benchmark appliances, and recessed LED lighting, flowing seamlessly into the main living area.

Additional highlights include wide-plank oak flooring, 10-foot ceilings, and oversized soundproof windows that bring in abundant natural light. Residents also enjoy garage parking, elevator access, and a shared rooftop deck with skyline views.

Located near the Orange and Green Lines, Northeastern University, Boston Children’s Hospital, and Brigham and Women’s, this home offers the kind of convenience and connectivity that continues to drive buyer demand in Boston.

Market Snapshot: Boston, Cambridge & Somerville

Average Sale Price

$1.27M

Median Sale Price

$817,500

Average Days on Market

62

Sale-to-List Ratio

99%

Over the last six months, total sold market volume across Boston, Cambridge, and Somerville exceeded $2.7 billion, reinforcing just how active and competitive this market remains for quality homes in desirable neighborhoods.

What Makes This Listing Stand Out

  • Boutique nine-residence building with elevator access
  • Two-bedroom, two-bath layout with clean open-concept design
  • Bosch Benchmark appliances and Caesarstone countertops
  • 10-foot ceilings and wide-plank oak floors
  • Garage parking included
  • Shared rooftop deck with skyline views
  • Strong location near transit, universities, and medical centers

Thinking About Buying or Selling in Greater Boston?

Whether you’re looking for your next home or want to understand what your property could command in today’s market, Travers Peterson can help you navigate the next step with a clear strategy.

About Travers Peterson

Travers Peterson is a Coldwell Banker agent serving buyers and sellers across Cambridge, Somerville, Boston, Milton, and Salem. With 10+ years of experience and more than $40M in 2025 team volume, Travers brings local market knowledge, strategic guidance, and a polished client experience to every transaction.

Learn more at theteam-re.com.