November 2018 Market Report

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

21 Dudley Street Unit 2, Cambridge

Second floor two-bedroom residence with front porch and back deck in North Cambridge. Listed for sale with Charles Cherney and Maggie Dee Spencer.

Cambridge Market Stats for November 2018

76

Homes for sale as of Nov. 30

53

Homes sold in November

50

New listings in November

29

Average days to offer

$991,851

Average sale price

101%

Avg. sale to list price

Click here to see all the sales in Cambridge in November.

See below for three noteworthy sales in Cambridge in November.

75 Cushing Street

Sold for $640,000 on Nov. 2, 2018.
Listed by Bigelow/Irving of Compass.

14 Jackson Street

Sold for $900,000 on Nov. 19, 2018.
Sold by Charles Cherney.

39 Hammond Street Unit 1

Sold for $2,726,000 on Nov. 19, 2018.
Listed by Britany Caruso of Senne Residential.

Somerville Market Stats for November 2018

144

Homes for sale as of Nov. 30

58

Homes sold in November

75

New listings in November

24

Average days to offer

$893,247

Average sale price

100%

Avg. sale to list price

Click here to see all the sales in Somerville in November.

See below for three noteworthy sales in Somerville in November.

50 Line Street Unit 3

Sold for $675,000 on Nov. 8, 2018.
Charles Cherney as the buyer's agent.

132 Perkins Street Unit 3

Sold for $845,000 on Nov. 2, 2018.
Christine Carpenter of the Charles Cherney Team as the buyer's agent.

27 Dickinson Street

Sold for $1,710,000 on Nov. 13, 2018.
Listed by Holden Lewis of Compass.

New Compass Office at 1100 Mass. Ave.

In mid-November, Compass opened a new 10,000+ square foot office in Harvard Square at 1100 Massachusetts Avenue. Compass has the entire fifth floor. Pictured here is the office suite for the Charles Cherney Team.

Checking in with Charles

A few more homes for sale in Cambridge and Somerville - coupled with the typical market slowdown at this time of year - has some wondering if the seller's market has shifted. Perhaps. Jury is out until 2019.

SO EXCITED to move in mid-November into the new Compass office in Harvard Square on the top floor of 1100 Massachusetts Avenue. That's me at my new desk in the office suite for the Charles Cherney Team. It's a fantastic space with great light and nice views. Come visit!

Working on making this website even better in the month of November. Check out the links below to our Buyer and Seller Success Stories.

Giving thanks at Thanksgiving for family and friends and colleagues and clients. So much to be grateful for. Thanks, everyone!