July 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...
Cambridge Market Stats for July 2023
121
Homes for sale on 7/31
67
Homes sold in July
68
New listings in July
20
Average Days to Offer
$1,372,796
Average Sale Price
103%
Avg. Sale to List Price
Click here to see all the sales in Cambridge in July
See below for three noteworthy sales in Cambridge in July
28 Hurlbut Unit 2
Sold for $1,150,000 on July 10, 2023.
Listed by Bigelow/Irving of Compass
16 Remington Street
Sold for $1,688,000 on July 27, 2023.
Listed by Jonathan Mitchell of Compass.
54 Antrim Street
Sold for $2,315,000 on July 10, 2023.
Listed by Petrowsky Jones Group of Compass
Somerville Market Stats for July 2023
128
Homes for sale on 7/31
71
Homes sold in July
62
New listings in July
20
Average Days to Offer
$1,052,272
Average Sale Price
100%
Avg. Sale to List Price
Click here to see all the sales in Somerville in July
See below for three noteworthy sales in Somerville in July
254 Summer Street Unit 2
Sold for $625,000 July 31, 2023.
Listed by Charles Cherney
77 Knowlton Street
Sold for $805,000 on July 27, 2023.
Listed by Charles Cherney
58 Simpson Ave Unit 2
Sold for $1,430,000 on July 26, 2023. Listed by Mike Cohen of Compass.
Meet Me in Harvard Square
How Much Should You Offer?
Meet Me in Inman Square
Checking in with Charles
July finds the summer market in full swing. For sure, the pace of sales and the number of new listings is a few steps behind the spring market. That being said, buyers are still out looking to buy and sellers are still selling. The market is steady.
This summer, I did a staycation instead of going away. Walking along the Charles River each day and sitting in the back garden worked out just fine!
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.
Return to Market Reports