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June 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...

Jul 3 3 minutes read

24 Second Street

Located in East Cambridge close to Kendall Square

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24 Second Street, Cambridge

277 Rindge Ave

Two-family in North Cambridge near Alewife T Station

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277 Rindge Avenue, Cambridge

43 Linnaean St. Unit 46A

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

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43 Linnaean Street Street Unit 46A, Cambridge

Cambridge Market Stats for June 2021

106

Homes for sale on `6/30

111

Homes sold in June

144

New listings in June

 

19

Average days to offer

$1,326,250

Average sale price

102%

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.

253 Norfolk Street Unit 3-7, Cambridge, MA
253 Norfolk St. 3-7

Sold for $6988,000 on June 28, 2021. Listed by Charles Cherney.

950 Mass Ave Unit 415, Cambridge, MA
950 Mass Ave Unit 415

Sold for $1,025,000 on June 15, 2021. Listed by Charles Cherney.

51 Montgomery Street Unit 3, Cambridge, MA
51 Montgomery St. Unit 3

Sold for $1,055,000 on June 11, 2021. Listed by Charles Cherney

Somerville Market Stats for June 2021

107

Homes for sale on 6/30

114

Homes sold in June

142

New listings in June

 

16

Average days to offer

$1,015,024

Average sale price

104%

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.

114 Ten Hills Road Unit 1, Somerville
114 Ten Hills Rd Unit 1

Sold for $``675,000 on June 30, 2021. Listed by Shorey Realty Group of Compass.

42 Banks Street Unit 3, Somerville, MA
42 Banks Street Unit 3

Sold for $835,000 on June 24, 2021. Sold by Maggie Dee of the Charles Cherney Team as Buyer's Agent.

39 Partridge Avenue, Somerville, MA
39 Partridge Avenue

Sold for $1,031,000 on June 7, 2021. Listed by Team Patti Brainard of Compass.

Buildings on the Charles River near Harvard Sq.

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5 Favorite Streets in East Cambridge

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Cost of Living in Somerville in 2021

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Checking in with Charles

The real estate market remains steady and strong. Like the weather, there have been some pockets of real heat, with certain listings still generating multiple offers and selling for over asking. On the other hand, I had a buyer client get an offer accepted for less than list price in Davis Square. How refreshing!

I drove over a small pot hole on my Vespa, causing my iPhone to pop up in the top case, shattering the glass. Next stop - UbreakIfix for a new a screen. Ah, life!

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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