March 2022 Market Report

Cambridge Market Stats for March 2022
102
Homes for sale on 3/31
59
Homes sold in March
122
New listings in March
26
Average days to offer
$1,472,415
Average sale price
105%
Avg. sale to list price
Click here to see Cambridge sales in March
See below for three noteworthy sales in Cambridge in March

304 Washington Street Unit 5
Sold for $990,000 on March 15, 2022. Listed by Currier, Lane & Young of Compass.

18-1 Bay Street
Sold for $1,475,000 on March 21, 2022. Listed by Denman Drapkin Group of Compass.

40 Mount Vernon Street Unit 1
Sold for $2,250,000 on March 24, 2022. Sold by Charles Cherney as the Buyer's Agent.
Somerville Market Stats for March 2022
89
Homes for sale on 3/31
50
Homes sold in March
119
New listings in March
26
Average days to offer
$1,415,874
Average sale price
104%
Avg. sale to list price
Click here to see Somerville sales in March
See below for three noteworthy sales in Somerville in March

70 Glen Street Unit 1
Sold for $870,000 on March 23, 2022. Listed by Charles Cherney.

59 Berkeley Street Unit 2
Sold for $950,000 on March 29, 2022. Sold by Charles Cherney as the Buyer's Agent.

22 Endicott Avenue
Sold for $1,370,000 on March 30, 2022. Sold by Charles Cherney as the Buyer's Agent.
How much is a Multi-family in Cambridge?
What does $1,000,000 Get you in Somerville?
Baldwin neighborhood of Cambridge
Checking in with Charles
The Cambridge and Somerville real estate market is very hot right now. Multiple offers is the order of the day at many new listings. Hard to get an offer accepted with any kind of contingency. Fasten your seatbelt!
March featured sunny days in the 70s and a few below freezing. Welcome to New England!
I have been listening to Peter, Paul and Mary of late. Timeless! Good company on a walk.
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!


Are you buying soon?
We can help you buy the right home.

Selling your home?
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