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July 2021 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...

Aug 2 3 minutes read

4 Willard Street

Single family off Brattle Street near Harvard Square

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4 Willard Street, Cambridge

20-D Bond Street

Single family near Radcliffe Quad

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20-D Bond Street, Cambridge

43 Linnaean St. Unit 46A

1+ BR in classic brick building between Harvard Square & Porter Square.

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43 Linneaen Street Unit 46A, Cambridge

277 Rindge Ave

Two-family in North Cambridge near Alewife T Station

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277. Rindge Ave, Cambridge

950 Mass Ave Unit 306

2-BR, 2-Bath with garage parking at Bay Square Building

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950 Mass Ave Unit 306, Cambridge

67 Walker Street Unit 1

Studio outside Harvard Square

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67 Walker Street Unit 1, Cambridge

Cambridge Market Stats for July 2021

122

Homes for sale on `7/31

107

Homes sold in July

106

New listings in July

 

19

Average days to offer

$1,353,199

Average sale price

103%

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

10 Dana St. Unit 412, Cambridge, MA
``10 Dana St. 412

Sold for $453,000 on July 29, 2021. Listed by Charles Cherney.

189 Brookline Street Unit 3, Cambridge, MA
189 Brookline St. Unit 3

Sold for $727,500 on July 16, 2021. Listed by Charles Cherney.

46 Trowbridge Street Unit B, Cambridge, MA
46 Trowbridge St. Unit B

Sold for $1,674,000 on July 22, 2021. Listed by Charles Cherney

Somerville Market Stats for July 2021

123

Homes for sale on 7/31

94

Homes sold in July

96

New listings in July

 

19

Average days to offer

$1,021,622

Average sale price

103%

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

56 Church Street Unit 2, Somerville
56 Church St. Unit 2

Sold for $``765,000 on July 19, 2021 by Maggie Dee of the Charles Cherney Team as Buyer's Agent.

12 Sunnyside Ave, Somerville, MA
12 Sunnyside Ave 

Sold for $1,060,000 on July 28, 2021 by Charles Cherney as Buyer's Agent.

31 Porter Street, Somerville, MA
31 Porter Street

Sold for $1,850,000 on July 14, 2021. Listed by Charles Cherney.

The Esplanade in East Cambridge

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5 Favorite Streets in Mid Cambridge

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Cost of Living in Cambridge in 2021

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Checking in with Charles

Summer's here! Well, that's what the calendar tells us. Record rainfall in July. It's almost not a surprise. We've all come to expect the unexpected these last 18+ months!

I made my way to Martha's Vineyard over the 4th of July. My first trip anywhere since 2019. Wouldn't you know it was mostly overcast and rainy. We huddled around a space heater. You can't make this stuff up!

The pace of the market is not as frenetic in the summertime as it was in the spring. Imagine having more than a few days to decide on your home purchase!

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!


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