June 2018 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...
120 Chilton Street, Cambridge
Three-bedroom West Cambridge single family listed for sale by Charles Cherney on June 20, 2018. Now pending. Very inviting back yard.
71 Fulkerson St. Unit 206, Cambridge
Two-bedroom loft-style condo in East Cambridge listed for sale by Charles Cherney on June 20, 2018. Now pending.
Cambridge Market Stats for June 2018
84
Homes for sale as of June 30
94
Homes sold in month of June
105
New listings in month of June
16
Average days to offer
$1,245,159
Average sale price
104%
Average sale to list price ratio
Click here to see all the sales in Cambridge in June.
See below for three noteworthy sales in Cambridge in June.
17 Healey Street Unit 302
Sold for $630,000 on June 1, 2018. Charles Cherney the listing agent and Maggie Dee Spencer the buyer's agent for this sale.
72 Holworthy Street
Sold for $2,510,00 on June 22, 2018.
5 Lamson Place Unit 3
Sold for $790,000 on June 29, 2018.
Somerville Market Stats for June 2018
99
Homes for sale as of June 30
89
Homes sold in month of June
69
New listings in month of June
19
Average days to offer
$953,112
Average sale price
102%
Average sale to list price ratio
Click here to see all the sales in Somerville in June.
See below for three noteworthy sales in Somerville in June.
19 Adams Street Unit B
Sold for $1,400,000 on June 18, 2018.
87 Bristol Road Unit 2
Sold for $780,000 on June 18, 2018. Charles Cherney the listing agent for this sale.
40 Newbury Street Unit A
Sold for $1,200,000 on June 29, 2018.
The Charles Cherney Team on Instagram
All members of the Charles Cherney team are posting daily on Instagram.
Dining out in Cambridge & Somerville
Recently, our team decided to make our weekly meeting a luncheon, so that we could explore Cambridge and Somerville restaurants and spend a little more quality time together.
Pictured here: Maggie Dee Spencer and Christine Carpenter of the Charles Cherney Team on the patio at Atwood's in East Cambridge.
Checking in with Charles
I found myself on a hot summer night in June waiting for a text message from a buyer's agent regarding whether or not his buyer would proceed with signing the purchase and sale on one of my listings. If the answer was NO, that meant letting my seller client know the news late at night and thereafter preparing the escrow deposit release and putting the property back on the market and scheduling an open house for the weekend. If the answer was YES, that meant sending the agreement signed by the buyer to my seller clients to Docusign - which they could do from their phones in two different places. Real estate is an interesting business. A long hour later, the text came. The answer was YES. Purchase and sale Docusigned by midnight.
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