October 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...
354A Broadway Unit 3A, Somerville
Renovated Top Floor 2-Bed in Winter Hill
Cambridge Market Stats for October 2023
148
Homes for sale on 10/31
49
Homes sold in October
74
New listings in October
17
Average Days to Offer
$1,619,867
Average Sale Price
101%
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
149 Bishop Allen Drive Unit 2
Sold for $905,000 on Oct. 31, 2023
Listed by Savenor Berkery Group of Compass
6 Rockwell Street
Sold for $1,600,000 on Oct. 27, 2023
by Charles Cherney as the Buyer's Agent
2 William Street
Sold for $2,275,000 on Oct. 18, 2023
Listed by Loring + Siegel Team of Compass
Somerville Market Stats for October 2023
151
Homes for sale on 10/31
50
Homes sold in October
69
New listings in October
31
Average Days to Offer
$1,139,002
Average Sale Price
99%
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
429 Norfolk Street Unit 4
Sold for $551,000 on Oct. 27, 2023.
Listed by g2Team at Compass.
50 Beacon Street Unit 3
Sold for $1,012,000 on Oct. 27, 2023
Listed by Liz and Ellie Local of Compass.
15 Grand View Ave Unit 2
Sold for $1,375,000 on Oct. 16, 2023
Listed by Michael Cohen of Compass.
Meet Me in Wellington-Harrington in Cambridge
Cambridge Condo Sales
Somerville Condo Sales
Checking in with Charles
October finds the fall market in prime time. This year the market has been quieter overall. Buyers have more time to decide and often can often make an offer without other offers on the table.
I got away to Martha's Vineyard for a fall weekend in October. What a treat! Nice to be on the island off 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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