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November 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...

Dec 15 2 minutes read

Cambridge Market Stats for November 2023

132

Homes for sale on 11/30

58

Homes sold in November

45

New listings in November

 

37

Average Days to Offer

$1,568,964

Average Sale Price

96%

Avg. Sale to List Price

Click here to see all the sales in Cambridge in November

See below for three noteworthy sales in Cambridge in November

118 Magazine Street, Cambridge, MA
118 Magazine Street

Sold for $2,000,000 on Nov. 30, 2023
Listed by Bigelow Irving of Compass

124 Holworthy Street, Cambridge, MA
124 Holworthy Street

Sold for $2,500,000 on Nov. 6, 2023
Listed by Kendall Green Luce Team of Compass

12 Berkeley Street, Cambridge, MA
12 Berkeley Street

Sold for $5,950,000 on Nov. 1, 2023
Listed by Petrowsky Jones Group of Compass 

Somerville Market Stats for November 2023

116

Homes for sale on 11/30

51

Homes sold in November

28

New listings in November

 

35

Average Days to Offer

$1,023,267

Average Sale Price

98%

Avg. Sale to List Price

Click here to see all the sales in Somerville in November

See below for three noteworthy sales in Somerville in November

354A Broadway Unit 2A, Somerville
354A Broadway Unit 2A

Sold for $647,000 on Nov. 21, 2023.
Listed by Charles Cherney

46 Spring Street Unit 2, Somerville, MA
46 Spring Street Unit 2

Sold for $1,535,000 on Nov. 2, 2023
Listed by Petrowsky Jones Group of Compass.

36 Burnside Ave, Somerville, MA
36 Burnside Ave

Sold for $1,600,000 on Nov. 17, 2023
Listed by Charles Cherney

Noteworthy Cambridge Sales in 2023

WATCH VIDEO

Should You Take Your Home Off the Market in Winter?

WATCH VIDEO

Noteworthy Somerville Sales in 2023

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Checking in with Charles

Generally speaking, every year by mid-November, the market begins to slow down in Cambridge and Somerville speaking. True again this year. For sure, there are still sales happening. Just not as many.

My wife and I visited our daughter in Edinburgh, Scotland, where she is studying this semester at the University of Edinburgh. Great to be abroad. We also visited London.

Our team has been reformulated as Maggie Dee + Charles Cherney Team. 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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