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December 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...

Jan 3 2 minutes read

Cambridge Market Stats for December 2023

88

Homes for sale on 12/31

29

Homes sold in December

29

New listings in December

 

32

Average Days to Offer

$1,211,922

Average Sale Price

97%

Avg. Sale to List Price

Click here to see all the sales in Cambridge in December

See below for three noteworthy sales in Cambridge in December

34 Ash Street Unit 8, Cambridge, MA
34 Ash Street Unit 8

Sold for $651,000 on Dec. 27, 2023
Listed by Petrowsky Jones Group of Compass

8 Poplar Road Unit C, Cambridge, MA
8 Poplar Road Unit C

Sold for $1,300,000 on Dec. 15, 2023
Listed by Denman Drapkin Group of Compass

29-31 Edward T. Sullivan Road, Cambridge, MA
29-31 Edward T. Sullivan Road

Sold for $1,160,000 on Dec. 15, 2023
Listed by Carol Kelly Team of Compass 

Somerville Market Stats for December 2023

65

Homes for sale on 12/31

30

Homes sold in December

12

New listings in December

 

52

Average Days to Offer

$1,101,525

Average Sale Price

95%

Avg. Sale to List Price

Click here to see all the sales in Somerville in December

See below for three noteworthy sales in Somerville in December

21 Howe Street, Somerville
21 Howe Street

Sold for $1,220,000 on Dec. 14, 2023.
Listed by Denman Drapkin Group of Compass.

142-144 Jaques Street, Somerville, MA
142-144 Jaques Street

Sold for $1,250,000 on Dec. 7, 2023
Listed by Charles Cherney.

42 Curtis Ave, Somerville, MA
42 Curtis Ave

Sold for $1,007,500 on Dec. 11, 2023
Listed by Reilly and Foley Team of Re/Max Destiny.

Real Deal – How Long to Look?

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Real Deal – Condo Due Diligence: What to Review?

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Noteworthy Cambridge Sales in 2023

WATCH VIDEO

Checking in with Charles

The market quiets down every December with the arrival of the holidays. There is still some life in the market. For example, we listed for sale 15 Vassal Lane in Cambridge in December and it is now under accepted offer.

I found my way to Delray Beach, Florida for the holidays. Cloudy and cool for the most part. Still nice to be outside every day and walking along the beach.

Our team has been reformulated as Maggie Dee + Charles Cherney Team. 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!


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