May 2024 Market Report

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

Renovated 4-BR near Tufts on Teele Ave

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Cambridge Market Stats for May 2024

151

Homes for sale on 5/31/24

77

Homes sold in May

105

New listings in May

27

Average Days to Offer

$1,399,999

Median Sale Price

101%

Avg. Sale to List Price

Click here to see all the sales in Cambridge in May

See below for three noteworthy sales in Cambridge in May

35 Lee Street Unit 16

Sold for $488,000 on May 9, 2024
Listed by Christine Carpenter of Compass.

114 Prospect Street

Sold for $2,225,000 on May 28, 2024.
Listed by Maggie Dee + Charles Cherney.

25-27 Grozier Road

Sold for $2,900,000 on May 23, 2024.
Sold by Maggie Dee + Charles Cherney as Buyer's Agents.

Somerville Market Stats for May 2024

125

Homes for sale on 5/31/24

58

Homes sold in May

104

New listings in May

32

Average Days to Offer

$1,193,500

Median Sale Price

101%

Avg. Sale to List Price

Click here to see all the sales in Somerville in May

See below for three noteworthy sales in Somerville in May

12 Newbury Street Unit 2

Sold for $1,525,000 on May 24, 2024.
Listed by Maggie Dee + Charles Cherney Team

19 Hanson Street Unit 2

Sold for $1,605,000 on May 13, 2024.
Sold by Charles Cherney as Buyer's Agent

30 Forest Street, Somerville

Sold for $2,375,000 on May 20, 2024.
Listed by Maggie Dee + Charles Cherney Team

Listed and SOLD in Spring Market 2024

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Meet Me in Inman Square

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Multiple Offers - Now What?

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Checking in with Charles and Maggie

Every year the spring market is at its peak in the month of May. We have been very busy serving our buyer and seller clients.

The mission of Maggie Dee + Charles Cherney Team 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!