Do you want content like this delivered to your inbox?
Share
Share

4th Quarter 2019 Multi-family Sales Market Report

Charles Cherney

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

Jan 13 2 minutes read

Cambridge Multi-family Market Stats
for Oct. 1 to Dec. 30, 2019 (4th Quarter)

21

Multi-family Sales in 4th Quarter 2019

30

Average Number of Days To Offer

$1,870,867

Average Sale Price of A Multi-family

98% 

Sale Price averaged 98% of the List Price

4th Quarter 2019
Multi-family Sales in Cambridge

Of the 21 multi-family sales in Cambridge in the fourth quarter of 2019, there were 11 sales under $1.5M; 3 sales between 1.5M and $2M; and 7 sales over $2M.

Cambridge 4th Quarter 2019 Multi-Family Sales

Click here to see all the multi-family sales in Cambridge in Q4 2019.

See below for 3 noteworthy multi-family sales in Cambridge in Q4 2019.

346-348 Allston Street, Cambridge
346-348 Allston Street

Sold for $1,100,000 on Dec. 13, 2019.
Listed by True Home Partners at Compass.

4 Hollis Park, Cambridge
4 Hollis Park

Sold for $1,400,000 on Dec. 13, 2019.
Listed by Issam Dib of Skyline Realty.

22-24 Traymore Street, Cambridge
22-24 Traymore Street

Sold for $1,875,000 on Oct. 30, 2019.
Listed by Bonny Lamb of Compass.

Somerville Multi-family Market Stats
for Oct. 1 to December 31, 2019 (4th Quarter)

36

Multi-family Sales in 4th Quarter 2019

28

Average Number of Days To Offer

$1,131,4477

Average Sale Price of A Multi-family

95% 

Sale Price averaged 95% of the List Price

4th Quarter 2019
Multi-family Sales in Somerville

Of the 36 multi-family sales in Somerville in the 4th quarter of 2019, there were 16 sales under $1M; 14 sales between $1M and $1.5M; and 6 sales for more than $1.5M.

4th Quarter 2019 Multi-Family Sales in Somerville

Click here to see all the multi-family sales in Somerville in Q4 2019.

See below for 3 noteworthy multi-family sales in Somerville in Q4 2019.

34 Line Street, Somerville
34 Line Street

Sold for $`1,150,000 on Dec. 12, 2019. Listed by Aranson Lombardi and Ashley Kinney of Compass.

36 Fountain Street, Somerville
36 Fountain Street

Sold for $1,325,000 on Oct. 18, 2019. Listed by Elvera Fanfa of CBRB.

11 Ware Street, Somerville
11 Ware Street

Sold for $1,600,000 on Oct. 18, 2019. Listed by Rodrigo Serrano of Leading Edge Real Estate.

Are you buying soon?

Your successful home search starts with your successful team.

Selling your home?

See how we can help you sell your home faster and for more money.

Learn More
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info