March 2020 Market Report

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

14 + 16 Jackson, Cambridge

14 Jackson and 16 Jackson

New construction residences

Listed by Charles Cherney

Cedar Place, Somerville

New Construction residences out Davis Square

Listed by Charles Cherney and Matt Montgomery

More Information

Coming Soon
74 Putnam Avenue, Cambridge

3-bedroom residence on doorstep of Harvard Square

with Private in-home Elevator and Garage Parking

Listed by Charles Cherney

Cambridge Market Stats for March 2020

68

Homes for sale on 3/3`1

58

Homes sold in March

68

New listings in March

38

Average days to offer

$1,814,963

Average sale price

102%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in March.

1600 Mass. Ave Unit 501

Sold for $1,230,000 on Mar. 13, 2020. Listed by Team Patti Brainard of Compass.

156 Fayerweather St.

Sold for $1,850,000 on Mar. 10, 2020. Listed by Kendall Green Luce Team of Compass.

9 Lancaster St. Unit 1

Sold for $1,930,000 on Mar. 2, 2020. Listed by Carol Kelly Team of Compass.

Somerville Market Stats for March 2020

80

Homes for sale on 3/31

47

Homes sold in March

87

New listings in March

37

Average days to offer

$1,049,270

Average sale price

102%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in March.

23 Appleton Street Unit 1, Somerville, MA

23 Appleton St. Unit 1

Sold for $790,000 on Mar. 27, 2020. Listed by Merrill Berkery of Compass.

10 Cutter St. Unit 1

Sold for $900,000 on Mar. 27, 2020. Listed by True Home Partners at Compass.

1 Williams Court

Sold for $940,000 on Mar. 9, 2020. Listed by Scott Miller at Autograph Properties.

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Checking in with Charles

Mid-March is when most all of us began spending time at home. I have aimed to get out for a walk when I can. I am still working every day, mainly online and via the phone. The market is still in motion. Everyone is seeking to adapt to the new world.

Our daughter is a senior in high school. She is now back in class by way of Zoom at her computer. Some good news – she has been accepted at Pomona College outside of LA. Pomona is a top liberal arts school.

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!