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October 2019 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...

Nov 2 4 minutes read

88 Park Ave Unit 402, Arlington

Duplex 2-bedroom 2-bath loft-style residence in Arlington Heights at the Locke School. Listed with Charles Cherney.

88 Park Avenue Unit 402, Arlington, MA

84 Holworthy, Cambridge

Three-bedroom, 2.5-bath residence in Strawberry Hill. Listed and sold by Charles Cherney on October 18, 2019 for $1,250,000.

84 Holworthy Street, Cambridge,  MA

30 Monmouth Street, Somerville

Spring Hill duplex with three bedrooms and 2.5 bathrooms. Listed and sold by Charles Cherney on October 29, 2019 for $`1,155,000.

30 Monmouth Street,, Somerville,  MA

Cambridge Market Stats for October 2019

94

Homes for sale on 10/31

50

Homes sold in October

71

New listings in October

 

24

Average days to offer

$1,233,627

Average sale price

100%

Avg. sale to list price

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

See below for three noteworthy sales in Cambridge in October.

217 Harvard Street Unit 1R, Cambridge, MA
217 Harvard St. Unit 1R

Sold for $857,500 on Oct. 25, 2019. Listed by Laura Wheeler of Compass.

20 Peters Street Unit 1, Cambridge
20 Peters St. Unit 1

Sold for $1,325,000 on Oct. 10, 2019. Listed by Currier, Lane & Young of Compass.

131 Upland Road, Cambridge
131 Upland Road

Sold for $2,197,000 on Oct. 31, 2019. Listed by True Home Partners of Compass.

Somerville Market Stats for October 2019

148

Homes for sale on 10/31

39

Homes sold in October

82

New listings in October

 

36

Average days to offer

$1,008,138

Average sale price

98%

Avg. sale to list price

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

See below for three noteworthy sales in Somerville in October.

33 Prichard Ave Unit 2, Somerville, MA
33 Prichard Ave. Unit 2

Sold for $602,500 on Oct. 23, 2019. Listed by Lara Shuqom & Kevin Gehl of Compass.

45 Endicott Avenue Unit 8, Somerville
45 Endicott Ave Unit 8

Sold for $877,000 on Oct. 29, 2019. Listed by Dara Singleton of Better Homes & Garden RE.

755 Somerville Avenue, Somerville
755 Somerville Avenue

Sold for $1,800,000 on Oct. 9, 2019. Listed by J. Schwagerl & S. Twadell of RCG Properties.

In October I worked with a company called 1000watt on clarifying our message. Here's what we landed on:

Every Moment Matters

Buying and selling a home is a big step. It ought to feel a bit magical. But it doesn't happen without ups and downs. Hurdles, and an occasional bout of chaos. Home is your safe space. When it's in flux, it's stressful. Our job is to make the stressful moments invisible. To help you find a plumber to fix the leak. To shovel the walk before the open house. To keep things rolling forward when on a deadline.

We see our role as more than a guide through the real estate process. We're present for all of it — physically, mentally and emotionally — to help you over every hurdle, and to bring to fruition every hope. We create magical moments for our clients by getting into your shoes, adopting your goals as our own and absorbing the stresses and anxieties that a real estate transaction can impose. By giving you our unwavering enthusiasm  — treating every moment throughout the transaction with the same excitement and verve as your first day on market or house-hunting.

And by sharing with you our love affair with the Cambridge-Somerville lifestyle. The intellectual, European way of life. A culture steeped in history that has formed a community of some of the greatest minds of our time. We know each tree, brick and park bench of this place we call home. We love, live and breath this community and the excellence that runs through its veins. And it's that same spirit of excellence that we serve you. Through every up and down, hope and hurdle, to help you get where you want to go. Because every moment matters. — The Charles Cherney Team

Checking in with Charles

I am grateful to have connected in person with Cantabrigian John Haydon (pictured here with me) for coffee at Sarah's Market on a Sunday morning this month. We talked about Zen and the meaning of life and agreed that every moment matters!

Celebrated Halloween for the twentieth year in a row at my mom Patsy's house on Antrim Street. It's hard to believe twenty years have gone by! I appreciate being with my mom on this night. We had fun!

Towards the end of October, I stored my Vespa for the winter months at Greater Boston Motor Sports. Ready or not, here comes the cold weather!

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. 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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