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2nd Quarter 2020 Condo Sales Market Report

Charles Cherney

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

Jul 6 2 minutes read

Cambridge Condo Market Stats
for April 1 to June 30, 2020 (2nd Quarter)

105

Condo Sales in 2nd Quarter 2020

19

Average Number of Days To Offer

$955,053

Average Sale Price of Condo in Cambridge

102% 

Sale Price averaged 102% of the List Price

2nd Quarter 2020
Condo Sales in Cambridge

Of the 105 condo sales in Cambridge in the 2nd quarter of 2020, 25 sales were under $599,999; 29 sales were between $600,000 & $799,999; 18 sales were between $800,000 & $999,999; and 33 sales were for $1M+ or more.

2nd Quarter 2020 Condo Sales in Cambridge

Click here to see all the condo sales in Cambridge in Q2 2020.

See below for three noteworthy condo sales in Cambridge in Q2 2020.

131 Holworthy Street Unit 3, Cambridge, MA
131 Holworthy St. Unit 3

Sold for $650,000 on June 24, 2020.
Listed by Christine Carpenter of Charles Cherney Team at Compass.

4 Cogswell Place, Cambridge, MA
4 Cogswell Place

Sold for $715,000 on June 4, 2020.
Sold by Charles Cherney as Buyer's Agent.

401 Washington Street Unit 5, Cambridge, MA
401 Washington St. #5

Sold for $860,000 on June 30, 2020.
Sold by Ana Andreev of Charles Cherney Team at Compass as Buyer's Agent.

Somerville Condo Market Stats
for April 1 to June 30, 2020 (2nd Quarter)

88

Condo Sales in 2nd Quarter 2020

27

Average Number of Days To Offer

$815,789

Average Sale Price of Condo in Somerville

100% 

Sale Price averaged 100% of the List Price

2nd Quarter 2020
Condo Sales in Somerville

Of the 88 condo sales in Somerville in the second quarter of 2020, 18 sales were under $599,999; 29 sales were between $600,000 & $799,999; 25 sales were between $800,000 & $999,999; and 16 sales were for $1M+ or more.

2nd Quarter 2020 Condo Sales in Somerville, MA

Click here to see all the condo sales in Somerville in Q2 2020.

See below for three noteworthy condo sales in Somerville in Q2 2020.

9 Medford Street 505, Somerville, MA
9 Medford Unit 505

Sold for $545,000 on June 19, 2020.
Listed by Carol Kelly Team of Compass.

38 Walker Street, Somerville, MA
38 Walker Street

Sold for $650,000 on May 4, 2020.
Listed by Liz and Ellie Real Estate of Compass.

17 Murdock Unit A, Somerville, MA
17 Murdock Unit A

Sold for $895,000 on April 1, 2020.
Listed by Charles Cherney & Matt Montgomery of Compass.

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