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October 2020 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 12 3 minutes read

Inman Crossing, Cambridge

Visit Inman Crossing.com to see the residences now for sale at 305 Webster Ave in Cambridge. New construction, 36-unit elevator building with garage parking. Listed for sale by Charles Cherney and Christine Carpenter.

305 Webster Avenue, Cambridge,  MA

2 Village Street, Somerville

Inviting renovated residence outside Union Square. 

Listed by Charles Cherney

More Information

2 Village Street, Somerville, MA

Cambridge Market Stats for October 2020

212

Homes for sale on `10/31

77

Homes sold in October

134

New listings in October

 

16

Average days to offer

$1,293,519

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.

61 Montgomery Street, Cambridge, MA
61 Montgomery Street

Sold for $1,100,000 on Oct. 14, 2020. Sold by Charles Cherney as Buyer's Agent.

74 Putnam Ave, Cambridge, MA
74 Putnam Ave

Sold for $1,900,000 on Oct. 1, 2020. Listed by Charles Cherney

113 Columbia Street, Cambridge, MA
113 Columbia Street

Sold for $1,680,000 on Oct. 15, 2020. Listed by Charles Cherney

Somerville Market Stats for October 2020

228

Homes for sale on 10/31

69

Homes sold in October

138

New listings in October

 

22

Average days to offer

$899,676

Average sale price

100%

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.

190 Tremont Street Unit 2, Somerville
190 Tremont St. Unit 2

Sold for $640,000 on Oct. 27, 2020 by Maggie Dee of Charles Cherney Team as Buyer's Agent.

3 Benton Road Unit 2, Somerville, MA
3 Benton Road Unit 2

Sold for $1,249,000 on Oct. 19, 2020. Listed by Bonny Lamb of Compass.

88 Winslow Avenue, Somerville, MA
88 Winslow Avenue

Sold for $2,450,000 on Oct. 30, 2020. Listed by Janovitz-Tse Team of Compass.

How to Find Properties Online 

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Checking in with Charles

A number of residences at Inman Crossing have gone under accepted offer and the first closings will take place soon. See the units still for sale at InmanCrossing.com

An early snowstorm in late October followed by sunny and mild weather with temperatures soaring into the 70s. Welcome to New England! I enjoyed a walk around Fresh Pond with my family recently. Nice to get out in nature.

I last owned a gaming console (original Atari) back in the late 1970s. Now I have a new X Box Series X on order. Excited to do so some Sim Racing on it when it arrives. Could be the pandemic that brought this on for me:) 

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!


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