August 2023 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 August 2023
104
Homes for sale on 8/31
58
Homes sold in August
60
New listings in August
26
Average Days to Offer
$1,260,726
Average Sale Price
99%
Avg. Sale to List Price
Click here to see all the sales in Cambridge in August
See below for three noteworthy sales in Cambridge in August
79 Martin Street Unit 41
Sold for $775,000 on Aug. 30, 2023.
Listed by Currier, Lane & Young of Compass
31 Chilton Street Unit 1
Sold for $975,000 on Aug. 16, 2023.
Listed by Charles Cherney
118 Holworthy Street
Sold for $2,250,000 on Aug. 30, 2023.
Listed by Bigelow-Irving of Compass
Somerville Market Stats for August 2023
125
Homes for sale on 8/31
56
Homes sold in August
64
New listings in August
39
Average Days to Offer
$1,042,814
Average Sale Price
99%
Avg. Sale to List Price
Click here to see all the sales in Somerville in August
See below for three noteworthy sales in Somerville in August
197 Washington Street Unit 205
Sold for $865,000 Aug. 28, 2023.
Listed by Melissa Baldwin of Compaass
35 Sargent Ave Unit 2
Sold for $870,000 on Aug. 1, 2023.
Listed by Jeff Stephens of Compass
358 Washington Street Unit 2
Sold for $912,000 on Aug. 11, 2023. Sold by Charles Cherney as the Buyer's Agent
Single Family Sales in Cambridge in 2023
5 Places in West Cambridge
To Stage or not to Stage?
Checking in with Charles
The market in the month of August is always a pace or two slower. Still some activity for sure but not as frenetic as the spring market in the rear view mirror. I had a couple of buyer clients and seller clients close in August. Summer is still here.
At the end of the month I went away for the first time all summer, spending a few days on Martha's Vineyard. That's me on
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.
Return to Market Reports