2nd Quarter 2020 Multi-family 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...
Cambridge Multi-family Market Stats
for April 1 to June 30, 2020 (2nd Quarter)
8
Multi-family Sales in 2nd Quarter 2020
35
Average Number of Days To Offer
$1,955,625
Average Sale Price of A Multi-family
97%
Sale Price averaged 97% of the List Price
2nd Quarter 2020
Multi-family Sales in Cambridge
Of the 8 multi-family sales in Cambridge in the second quarter of 2020, there were 3 sales under $1.5M; 2 sales between 1.5M and $2M; and 3 sales over $2M.
Click here to see all the multi-family sales in Cambridge in Q2 2020.
See below for 3 noteworthy multi-family sales in Cambridge in Q2 2020.
25 Jackson Street
Sold for $1,040,000 on June 23, 2020. Listed by The Goodrich Team at Compass.
344 Walden Street
Sold for $1,450,000 on June 23, 2020. Listed by Patrick Murphy of CBRB.
3 Fayette Street
Sold for $1,575,000 on April 30, 2020. Listed by Kathy Devine of ERA Key Realty.
Somerville Multi-family Market Stats
for April 1 to June 30, 2020 (2nd Quarter)
38
Multi-family Sales in 2nd Quarter 2020
12
Average Number of Days To Offer
$1,391,602
Average Sale Price of A Multi-family
98%
Sale Price averaged 98% of the List Price
2nd Quarter 2020
Multi-family Sales in Somerville
Of the 38 multi-family sales in Somerville in the 2nd quarter of 2020, there were 8 sales under $1M; 19 sales between $1M and $1.5M; and 11 sales for more than $1.5M.
Click here to see all the multi-family sales in Somerville in Q2 2020.
See below for 3 noteworthy multi-family sales in Somerville in Q2 2020.
97 Hudson Street
Sold for $`839,000 on May 1, 2020. Listed by Kelly Bruno of Compass.
71-73 Woods Ave
Sold for $1,000,000 on June 1, 2020. Listed by Timothy Tremonte of Compass.
29 Preston Road
Sold for $1,051,000 on June 2, 2020. Listed by Susan Callahan of Berkshire Hathaway.
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