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

April 2019 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...

May 3 3 minutes read

62 Wendell Street, Cambridge

 2-bedroom end-unit townhouse with garage parking and garden in Agassiz neighborhood. Listed for sale by Charles Cherney on April 3, 2019 for $1,250,000. Now under accepted offer. Multiple offers received.

62 Wendell Street, Cambridge, MA

31 Tremont Street, Cambridge

A six-family building and a two-family building on the same lot outside Inman Square. Listed for sale by Charles Cherney on April 13, 2019 for $5,000,000. Now under accepted offer. Multiple offers received.

31 Tremont, Cambridge, MA

439 Huron Avenue, Cambridge

3-bedroom, 2-bath duplex condo on the top two floors. Listed for sale on April 24, 2019 by Charles Cherney and Ana Andreev.

439 Huron Avenue, Cambridge

261 Willow Avenue, Somerville

4-bedroom, 2.5-bath duplex condo on the top two floors near Ball Square. Listed for sale by Charles Cherney on April 24, 2019 for $1,178,000. Now under accepted offer.

261 Willow Avenue, Somerville

1 Ellery Place, Cambridge

Attached single family townhouse set back from the street in Mid-Cambridge. Listed and sold by Charles Cherney on April 17, 2019 for $1,277,500.

1 Ellery Place, Cambridge, MA

Cambridge Market Stats for April 2019

100

Homes for sale on 4/30

50

Homes sold in April

108

New listings in April

 

20

Average days to offer

$1,254,333

Average sale price

101%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in April.

8 Avon Street, Unit 2 Cambridge
8 Avon Street Unit 2

Sold for $750,000 on April 18 2019. Listed by True Home Partners of Compass.

242 Lexington Avenue Unit 2, Cambridge
242 Lexington Ave. Unit 2

Sold for $850,000 on April 30, 2019. Listed by Rambaud & Guardia of Compass.

61Kinnaird Street, Cambridge
61 Kinnaird Street

Sold for $1,725,000 on April 16, 2019. Listed by Tsung-Megason + Sanzone Group of Compass.

Somerville Market Stats for April 2019

103

Homes for sale on 4/30

65

Homes sold in April

43

New listings in April

 

33

Average days to offer

$1,069,606

Average sale price

100%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in April.

50 Alpine Street Unit 2, Somerville
50 Alpine Street Unit 2

Sold for $675,000 on April 23, 2019. Listed by Todd Denman of Compass.

37 Harrison Street Unit 2, Somerville
37 Harrison Street

Sold for $975,000 on April 26, 2019. Listed by Hua Wang of PadMatch Realty.

11R Sanborn Avenue, Somerville
11R Sanborn Avenue

Sold for $1,105,000 on April 22, 2019. Listed by Minka Vanbeuzekom of Coldwell Banker.

Checking in with Charles

The spring market is here. I have been working hard, seven days a week, pretty much around the clock. Whew!

It remains a seller's market. That being said, not everything is moving with multiple offers on a bid deadline. I had a buyer client bid alone with standard contingencies and successfully negotiate below the list price for a property on the market for more than 30 days. Now and again, an opportunity like that exists.

I picked up my Vespa in mid-April. However, with the rain and colder weather, I have not been able to enjoy it more than a few times.

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. Our work is our calling. Reach out at any time!

Virginia Johnson of gather here

Meet Virginia Johnson, the owner of gather here in Inman Square.


Watch Video

Are you buying soon?

We can help you buy the right home.

Selling your home?

We can help you sell for the best price.

Learn More

Return to Monthly Market Reports

Return

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