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

February 2020 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...

Mar 2 3 minutes read

14 Jackson Street, Cambridge

New Construction 3-bedroom, 3.5-bath residence in North Cambridge. Listed for sale with Charles Cherney. One of two new homes here - see also 16 Jackson Street.

14 Jackson Street, Cambridge, MA

Off-Market + On Target

Magic can and does happen in a home search.

READ BUYER SUCCESS STORY

Off-market and On Target

Cambridge Market Stats for February 2020

68

Homes for sale on 2/29

23

Homes sold in February

64

New listings in February

 

37

Average days to offer

$1,646,709

Average sale price

103%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in February.

66 Hurley Street, Cambridge, MA
66 Hurley Street

Sold for $1,226,000 on Feb. 10, 2020. Listed by Charles Cherney.

54 Pemberton Street, Cambridge, MA
54 Pemberton Street

Sold for 1,950,000 on Feb. 13, 2020. Listed by True Home Partners of Compass.

11 Channing Street, Cambridge
11 Channing Street

Sold for $5,500,000 on Feb. 28, 2020. Listed by Kendall Green Luce Team of Compass.

Somerville Market Stats for February 2020

66

Homes for sale on 2/29

28

Homes sold in February

68

New listings in February

 

73

Average days to offer

$830,350

Average sale price

96%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in February.

12 Pitman Street, Somerville, MA
12 Pitman Street

Sold for $700,000 on Feb. 14, 2020. Listed by Charles Cherney & Maggie Dee of Compass.

80 Webster Ave Unit 4D, Somerville
80 Webster St. 4D

Sold for $860,500 on Feb. 18, 2020. Listed by Gundersheim Group at KW.

75 Rush Street Unit 1, Somerville, MA
75 Rush Street Unit 1

Sold for $860,500 on Feb. 18, 2020. Listed by Branch Out Res. Team at Compass.

Video: Reflecting on my time in Cambridge

CLICK HERE TO WATCH VIDEO

Checking in with Charles

It's hard to believe that we had no snow in the month of February! Mild winter for sure. I have not missed shoveling!

On February 10, 2020, my three-family listing at 66 Hurley Street in Cambridge closed. A top developer is now working with an experienced architect at this address to remake these residences for the 21st century. Exciting!

I am listing two wonderful new construction homes at 14 Jackson Street and 16 Jackson Street in Cambridge. New construction is rare here. These are lovely light-filled homes in a classic Cambridge neighborhood, offering easy access to the Red Line and Whole Foods, as well as Porter and Davis squares.  


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!


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