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October 2021 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 4 2 minutes read

70 Glen Street Unit 1

Renovated 3-BR 3-Bath residence with parking in East Somerville

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70 Glen Street Unit 1 Somerville

Cambridge Market Stats for October 2021

132

Homes for sale on `10/31

69

Homes sold in October

111

New listings in October

 

19

Average days to offer

$1,398,566

Average sale price

102%

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

277 Rindge Avenue, Cambridge, MA
``277 Rindge Avenue

Sold for $1,005,000 on Oct. 4, 2021. Listed by Charles Cherney

20-D Bond Street, Cambridge, MA
20-D Bond Street

Sold for $1,800,000 on Oct. 7, 2021. Listed by Charles Cherney

4 Willard Street, Cambridge, MA
4 Willard Street

Sold for $4,100,000 on Oct. 6, 2021. Listed by Charles Cherney

Somerville Market Stats for October 2021

132

Homes for sale on 10/31

59

Homes sold in October

79

New listings in October

 

17

Average days to offer

$1,050,486

Average sale price

101%

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

60 Fellsway West, Somerville
60 Fellsway West

Sold for $``805,000 on Oct. 29, 202`1. Listed by Charles Cherney.

42 Skehan Street Unit 3, Somerville, MA
42 Skehan Street Unit 3

Sold for $780,000 on Oct. 1, 2021. Listed by Christine Carpenter of the Charles Cherney Team.

57 Pitman Street Unit 4, Somerville, MA
57 Pitman Street Unit 4

Sold for $1,050,000 on Oct. 8, 2021. Listed by Charles Cherney.

Inman Crossing

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Baldwin in Cambridge

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Brattle Street

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Checking in with Charles

Overall, the market cooled down in October. Yes, for sure, there are still some pockets of heat. That being said, more properties are taking longer to sell, and not all listings are generating multiple offers.

My iPhone 8+ gave up the ghost and now I am sporting an iPhone 12. And I am eagerly awaiting the arrival of my new 16-inch MacBook Pro. My old Pro dates from 2012!

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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