May 2023 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...
Cambridge Market Stats for May 2023
138
Homes for sale on 5/31
70
Homes sold in May
134
New listings in May
26
Average Days to Offer
$1,455,826
Average Sale Price
100%
Avg. Sale to List Price
Click here to see all the sales in Cambridge in May
See below for three noteworthy sales in Cambridge in May
43 Linnaean Street Unit 46A
Sold for $698,000 on May 25, 2023.
Listed by Charles Cherney.
931 Mass Ave Unit 901
Sold for $766,000 on May 5, 2023.
Listed by Charles Cherney.
2 Hubbard Ave Unit 1
Sold for $940,000 on May 11, 2023.
Listed by Carol Kelly Team, Compass
Somerville Market Stats for May 2023
138
Homes for sale on 5/31
62
Homes sold in May
104
New listings in May
27
Average Days to Offer
$1,022,837
Average Sale Price
100%
Avg. Sale to List Price
Click here to see all the sales in Somerville in May
See below for three noteworthy sales in Somerville in May
9 Medford Street Unit 313
Sold for $710,000 on May 19, 2023.
Listed by Charles Cherney
11 Preston Road Unit 2
Sold for $920,000 on May 12, 2023.
Listed by Charles Cherney
111 Cedar Street Unit A
Sold for $1,100,000 on May 23, 2023. Listed by Maggie Dee of Charles Cherney Team.
The Real Deal - Answers to Essential Questions
Relocating to Cambridge, MA?
Three Neighborhoods of Somerville
Checking in with Charles
May is the height of the spring market and very busy. A number of properties getting multiple offers. Cambridge and Somerville remain resilient real estate markets.
Walking more with the better weather. And I have been out on my Vespa a few times as well. Great way to get around in season.
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?
We can help you sell for the best price.
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