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June 2019 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...

Jul 6 4 minutes read

1975 Mass. Ave Unit 405, Cambridge

Top-floor 2-bed 2-bath penthouse residence in Porter Square. Listed for sale with Charles Cherney on June 5, 2019. Now under accepted offer.

1975 Mass. Ave Unit 405, Cambridge,  MA

8 Corporal Burns Road, Cambridge

West Cambridge single family with great potential and large rear yard. Listed and sold by Charles Cherney on June 3, 2019 for $960,000.

8 Corporal Burns Road, Cambridge, MA

439 Huron Ave Unit 2, Cambridge

Three-bed, two-bath duplex on top two floors in Huron Village. Located at corner of Lexington Ave. Garage parking. Listed and sold for $960,000 on June 7, 2019 by Charles Cherney and Ana Andreev.

439 Huron Avenue Unit 2, Cambridge, MA

261 Willow Avenue, Somerville

A 4-bedroom, 2.5 bath renovated duplex on the top two floors of a two-unit building just outside Ball Square. Listed and sold for $1,200,021 on June 14, 2019 by Charles Cherney.

261 Willow Avenue, Somerville

46 Craigie Street Unit A, Somerville

End unit townhouse set back from the street on Spring Hill. Two bedrooms, 1.5 baths and two-car garage. Private patio garden. Listed for sale on June 26, 2019 by Charles Cherney. Now under accepted offer.

46 Craigie Street Unit A, Somerville

31 Tremont Street, Cambridge

A six-family (31 Tremont Street) and a two-family (4 Gardner Road) on same lot and sold together. Located outside Inman Square. Listed and sold by Charles Cherney on June 26, 2019 for $5,150,000. 

31 Tremont, Cambridge, MA

Cambridge Market Stats for June 2019

121

Homes for sale on 6/30

87

Homes sold in June

114

New listings in June

 

25

Average days to offer

$1,275,081

Average sale price

101%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in June.

129 Thorndike Street Unit 1, Cambridge, MA
129 Thorndike St. Unit 1

Sold for $545,000 on June 27, 2019. Sold by Christine Carpenter of the Charles Cherney Team.

76 Bolton Street, Cambridge
76 Bolton Street

Listed and sold for $850,000 on June 27, 2019 by Charles Cherney and Christine Carpenter.

106 Hamilton Street, Cambridge
106 Hamilton Street

Listed and sold for $922,500 on June 27, 2019 by Charles Cherney.

Somerville Market Stats for June 2019

133

Homes for sale on 6/30

88

Homes sold in June

108

New listings in June

 

30

Average days to offer

$857,191

Average sale price

100%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in June.

82 Munroe Street Unit 11, Somerville, MA
82 Munroe Street Unit 11

Sold for $452,000 on June 12, 2019 by Charles Cherney.

15 Robinson Street, Somerville
15 Robinson Street

Sold for $658,050 on June 20, 2019 by Maggie Dee Spencer of the Charles Cherney Team as the buyer's agent.

400 Washington Street Unit 204, Somerville
400 Washington Street Unit 204

Sold for $840,000 on June 3, 2019. Listed by Currier, Lane & Young of Compass.

Checking in with Charles

On June 28, I listed for sale 31 residential condos at Inman Crossing in Cambridge. In short order over half of the units in the building were under accepted offer! This new construction four-story elevator building is hot!

The pace of work for me this summer has been intense. That said, I did get away in June with my family to the Lake Michigan shore. Remarkable to still see light in the sky there at 10 pm. Ah, summer!

Glad to get around via Vespa this time of year - weather permitting. We have had some intense rainstorms of late. Our back yard is like a jungle right now.

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!

Etsuko Yashiro

Meet Etsuko Yashiro, the founder of GrayMist Studio & Shop and Nantucket basket maker.


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