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March 2024 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...

Apr 24 2 minutes read

Cambridge Market Stats for March 2024

154

Homes for sale on 3/31/24

44

Homes sold in March

78

New listings in March

 

36

Average Days to Offer

$987,500

Median Sale Price

99%

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

16 Ware Street Unit 22, Cambridge, MA
16 Ware Street Unit 22

Sold for $725,000 on March 21, 2024
Sold by Maggie Dee as the Buyer's Agent.

22 Centre Unit 6, Cambridge, MA
22 Centre Street Unit 6

Sold for $1,225,000 on March 15, 2024.
Listed by Robin Repucci of Compass.

96 Otis Street Unit 2, Cambridge, MA
96 Otis Street Unit 2

Sold for $1,450,000 on March 1, 2024.
Listed by Maggie Dee + Charles Cherney.

Somerville Market Stats for March 2024

90

Homes for sale on 3/31/24

41

Homes sold in March

79

New listings in March

 

27

Average Days to Offer

$1,185,000

Median Sale Price

100%

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

56 Gorham Street Unit 3, Somerville
56 Gorham Street Unit 3

Sold for $1,050,000 on March 8, 2024.
Listed by The Roach and Sherman Team at Compass.

20 Hall Ave Unit 2, Somerville, MA
20 Hall Ave Unit 2

Sold for $1,540,000 on March 28, 2024.
Listed by Liz & Ellie Local of Compass

14-16 Malvern Ave, Somerville, MA
14-16 Malvern Avenue

Sold for $1,700,000 on March 13, 2024.
Listed by Katherine Malin of Compass.

What We Offer as a Buyer's Agent

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Sales in First Quarter 2024

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Dropping the Mortgage Contingency?

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Checking in with Charles and Maggie


The spring market in motion in March, with the market gaining momentum each week. An increasing number of listings are generating multiple offers.

The mission of Maggie Dee + Charles Cherney Team 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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Selling your home?

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