3rd Quarter 2019 Multi-family Sales 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...
Cambridge Multi-family Market Stats
for July 1 to September 30, 2019 (3rd Quarter)
19
Multi-family Sales in 3rd Quarter 2019
26
Average Number of Days To Offer
$2,647,599
Average Sale Price of A Multi-family
99%
Sale Price averaged 99% of the List Price
3rd Quarter 2019
Multi-family Sales in Cambridge
Of the nineteen multi-family sales in Cambridge in the third quarter of 2019, there were three sales under $1.5M; seven sales between 1.5M and $2M; and nine sales over $2M.
Click here to see all the multi-family sales in Cambridge in Q3 2019.
See below for 3 noteworthy multi-family sales in Cambridge in Q3 2019.
1612 Cambridge Street
Sold for $1,320,000 on July 3, 2019. Listed by Petrowsky Jones Group at Compass.
324 Huron Avenue
Sold for $1,700,000 on July 26, 2019. Listed by Shorey Realty Group at Compass.
107 Columbia Street
Sold for $2,200,000 on July 15, 2019. Listed by Team Patti Brainard of Compass.
Somerville Multi-family Market Stats
for July 1 to September 30, 2019 (3rd Quarter)
44
Multi-family Sales in 3rd Quarter 2019
32
Average Number of Days To Offer
$1,198,773
Average Sale Price of A Multi-family
97%
Sale Price averaged 97% of the List Price
3rd Quarter 2019
Multi-family Sales in Somerville
Of the 44 multi-family sales in Somerville in the 3rd quarter of 2019, there were fifteen sales under $1M; twenty-one sales between $1M and $1.5M; and eight sales for more than $1.5M.
Click here to see all the multi-family sales in Somerville in Q3 2019.
See below for 3 noteworthy multi-family sales in Somerville in Q3 2019.
20 Richdale Avenue
Sold for $935,000 on July 26, 2019. Listed by Joshua Drawas of Compass.
67 Thurston Street
Sold for $1,042,000 on July 2, 2019. Listed by Sara Rosenfeld of CBRB.
8 West Street
Sold for $1,280,000 on July 1, 2019. Listed by Shorey Realty Group of Compass.
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