January 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 January 2022
85
Homes for sale on `1/31
45
Homes sold in January
55
New listings in January
29
Average days to offer
$1,514,640
Average sale price
99%
Avg. sale to list price
Click here to see Cambridge sales in January
See below for three noteworthy sales in Cambridge in January
6 Newport Road Unit 3
Sold for $850,000 on Jan. 21, 2022. Listed by Kristen Barsanti of Redfin.
305 Webster Ave Unit 302
Sold for $919,800 on Jan. 7, 2022. Listed by Charles Cherney and Christine Carpenter
66 Sacramento Street
Sold for $1,820,000 on Jan. 25 2022. Listed by Robert Collins of CBRB.
Somerville Market Stats for January 2022
48
Homes for sale on 1/31
46
Homes sold in January
42
New listings in January
38
Average days to offer
$1,044,022
Average sale price
97%
Avg. sale to list price
Click here to see Somerville sales in January
See below for three noteworthy sales in Somerville in January
7 College Hill Road
Sold for $``900,000 on Jan 31, 202`2. Listed by Liz and Ellie Real Estate of Compass.
20 Kent Court
Sold for $1,093,000 on Jan. 12, 2022. Listed by Dana Schaefer of Compass.
156R Hudson Street
Sold for $1,300,000 on Jan. 3, 2022. Sold by Charles Cherney as the buyer's agent.
What does $1M get you in Cambridge?
What does $1M get you in Somerville?
My Harvard Square
Checking in with Charles
The month of January featured cold temperatures and snow – no surprise! As for the real estate market, it's off to a hot start. Multiple offers are the norm once more. It looks like the spring market this year will be just as fast and furious as last year's.
Two days of shoveling after the big storm last week was a real workout! Otherwise, I have been enjoying walking each day and riding our new Schwinn AC Performance exercise bike. The Fulgaz app allows me to cycle all over the world from our own home.
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