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July 2019 Market Report

Charles Cherney

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

Aug 4 3 minutes read

85 Clifton Street Unit 1, Cambridge

First floor 2-bed, 1-bath residence with two-car parking in North Cambridge. Listed for sale by Charles Cherney on July 31, 2019 for $658,000.

85 Clifton Street Unit 1, Cambridge,  MA

86 Buckingham Street Unit 3, Cambridge

First floor 1-bed, 1-bath residence in West Cambridge outside Harvard Square. Listed and sold by Charles Cherney on July 1, 2019 for $525,000.

86 Buckingham Street Unit 3, Cambridge,  MA

975 Memorial Drive Unit 408, Cambridge

Luxury 1-bedroom, 1.5 bath residence at the Residences at Charles Square. Listed for sale for $2,100,000 with Charles Cherney on July 10, 2019. Now under accepted offer.

975 Memorial Drive Unit 408, Cambridge, MA

40 School Street Unit 3, Somerville

Top floor 2 bedroom plus study outside Union Square with views of Boston skyline and private driveway. Listed for sale with Charles Cherney on July 10, 2019 for $728,000. Now under accepted offer.

40 School Street Unit 3, Cambridge, MA

183 Prospect Street Unit 3, Cambridge

A top floor two-bedroom in Mid Cambridge outside Central Square. Listed and sold for $486,525 on July 22, 2019 by Charles Cherney.

183 Prospect Street Unit 3, Cambridge

Cambridge Market Stats for July 2019

107

Homes for sale on 7/31

103

Homes sold in July

92

New listings in July

 

21

Average days to offer

$1,284,045

Average sale price

102%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in July.

9 Chauncy Street Unit 52, Cambridge, MA
9 Chauncy St. Unit 52

Sold for $825,000 on July 16, 2019 by Charles Cherney as the buyer's agent.

1975 Massachusetts Avenue Unit 405, Cambridge
1975 Mass. Ave Unit 405

Listed and sold for $1,270,000 on July 15, 2019 by Charles Cherney.

253 Norfolk Street Unit 1-4, Cambridge
253 Norfolk St. Unit 1-4

Sold for $713,000 on July 17, 2019 by Ana Andreev of the Charles Cherney Team.

Somerville Market Stats for July 2019

124

Homes for sale on 7/31

79

Homes sold in July

73

New listings in July

 

18

Average days to offer

$933,878

Average sale price

101%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in July.

375 Canal Street Unit 804, Somerville, MA
375 Canal St. Unit 804

Sold for $1,005,000 on July 221, 2019. Listed by Jing Team at Compass.

46 Craigie Street Unit A, Somerville
46 Craigie St. Unit A

Listed and sold on July 31, 2019 by Charles Cherney for $880,000.

100 Bartlett Street Unit 2, Somerville
100 Bartlett Street Unit 2

Sold for $755,00on July 23, 2019 by Maggie Dee Spencer of the Charles Cherney Team.

Checking in with Charles

Lucky me to visit Martha's Vineyard a couple of times in July. Great to catch up with my wife and our daughter, who together have spent the balance of the summer on the island. That's me on the ferry for Vineyard Haven from Woods Hole.

Only 12 residential condos remain available at Inman Crossing in Cambridge. This new construction four-story elevator building has been a hit. Check it out.

I have rediscovered Fresh Pond in Cambridge this month, walking the 2.25 mile path around the pond five or more times a week. Doing so unplugged. Good way to charge my battery!

Really enjoying the Criterion Channel for world cinema. Check it out!

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!

Daily CC

You'll find me frequently posting on FB LIVE about recent sales, current listings and what's up in my life. Enjoy!

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