April 2022 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...
Cambridge Market Stats for April 2022
109
Homes for sale on 4/30
71
Homes sold in April
120
New listings in April
15
Average days to offer
$1,490,279
Average sale price
106%
Avg. sale to list price
Click here to see Cambridge sales in April
See below for three noteworthy sales in Cambridge in April
44 Roberts Road Unit 2
Sold for $938,000 on April 29, 2022. Listed by Charles Cherney.
950 Mass Ave Unit 306
Sold for $1,010,00 April 22, 2022. Listed by Charles Cherney.
80 Lexington Ave Unit 2
Sold for $1,200,000 on April 27, 2022. Listed by Charles Cherney.
Somerville Market Stats for April 2022
99
Homes for sale on 4/30
46
Homes sold in April
98
New listings in April
22
Average days to offer
$1,024,685
Average sale price
104%
Avg. sale to list price
Click here to see Somerville sales in April
See below for three noteworthy sales in Somerville in April
110 Pearl Street Unit 3
Sold for $540,000 on April 1, 2022. Listed by Liz & Ellie Real Estate of Compass.
82 Pearson Ave Unit 3
Sold for $927,000 on April 29, 2022. Listed by Denman Drapkin Group of Compass.
26 Clark Street
Sold for $1,350,000 on April 20, 2022. Listed by Murray/Gresenz Group of Compass.
Luxury real estate in Cambridge
How much for a multi-family in Somerville?
Strawberry Hill neighborhood of Cambridge
Checking in with Charles
The Cambridge and Somerville real estate market remains very hot. Multiple offers continues to be the order of the day for most new listings. Very challenging for offers featuring a mortgage contingency and/or a home inspection contingency to win out.
Wonderful to behold the trees in bloom and the flowers coming out. On the home front, we put down new sod in our back yard. For the moment, it's perfect!
I have started working in my Compass office in Harvard Square again rather than strictly from home. It's nice to be back! Visitors are always welcome.
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!
Are you buying soon?
We can help you buy the right home.
Selling your home?
We can help you sell for the best price.
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