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February 2021 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...

Mar 3 3 minutes read

Inman Crossing, Cambridge

Visit Inman Crossing.com to see the residences now for sale at 305 Webster Ave in Cambridge. New construction, 36-unit elevator building with garage parking, located outside Inman Square and close to Union Square. Listed for sale by Charles Cherney and Christine Carpenter. Units now closing and residents moving in!

305 Webster Avenue, Cambridge,  MA

Cambridge Market Stats for February 2021

101

Homes for sale on `2/28

32

Homes sold in February

67

New listings in February

 

55

Average days to offer

$1,147,666

Average sale price

98%

Avg. sale to list price

Click here to see all the sales in Cambridge in February

See below for three noteworthy sales in Cambridge in February.

2 Clinton Street Unit 1, Cambridge, MA
2 Clinton St. Unit 1

Sold for $810,000 on Feb. 12, 2021. Listed by Denman Properties of Compass.

305 Webster Avenue Unit 203, Cambridge, MA
305 Webster Ave 203

Sold for $1,118,000 on Feb.  19, 2021. Listed by Charles Cherney & Christine Carpenter.

37 Blanchard Road, Cambridge, MA
37 Blanchard Road

Sold for $1,275,000 on Feb. 12, 2021. Listed by True Home Partners of Compass.

Somerville Market Stats for February 2021

74

Homes for sale on 2/28

33

Homes sold in February

67

New listings in February

 

33

Average days to offer

$922,759

Average sale price

98%

Avg. sale to list price

Click here to see all the sales in Somerville in February

See below for three noteworthy sales in Somerville in February.

82 Victoria Street, Somerville
82 Victoria Street

Sold for $``799,000 on Feb. 12, 2021. Listed by Steve Bremis Realty Group.

50 College Ave Unit 1, Somerville, MA
50 College Ave Unit 1

Sold for $1,300,000 on Feb. 1, 2021. Listed by Ted Billings of Compass.

88 Dover Street Unit 2, Somerville, MA
88 Dover St. Unit 2

Sold for $1,590,000 on Feb. 26 2021. Listed by Mike Cohen of Compass.

Top 5 West Cambridge

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Checking in with Charles

See the residences still for sale at Inman Crossing in Cambridge at InmanCrossing.com. Units now closing and residents moving in!

The real estate market in Cambridge and Somerville, MA remains steady and solid. My single family listing at 72 Fresh Pond Parkway in the Larchwood neighborhood of Cambridge listed for sale in February. It generated multiple offers at the bid deadline. Now pending.

I have started posting again on CharlesCherneyBlog.com - visit with me there for my musings on various topics of interest.

The Charles Cherney Team at Compass is here to help you. Our mission is to help you buy the right home and sell for the best price – and to answer your questions about the market, your home, and the community. Our work is our calling. Reach out at any time!


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