October 2024 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 October 2024
165
Homes for sale on 10/31/24
50
Homes sold in October
75
New listings in October
32
Average Days to Offer
$922,500
Median Sale Price
100%
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
20 Clinton Street Unit 7
Sold for $1,310,000 on Oct. 18, 2024
Listed by Bonny Lamb of Compass
48 Hayes Street
Sold for $1,501,000 on Oct. 30, 2024.
Listed Maggie Dee + Charles Cherney
226 Lexington Ave. Unit 1
Sold for $1,650,000 on Oct. 21, 2024.
Listed by Currier, Lane & Young of Compass
Somerville Market Stats for October 2024
130
Homes for sale on 10/31/24
50
Homes sold in October
78
New listings in October
32
Average Days to Offer
$1,056,803
Median Sale Price
97%
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
42 Craigie Street Unit A
Sold for $810,000 on Oct. 24, 2024.
Listed by Matt Slowik of Compass
25 Atherton Street Unit 24
Sold for $850,000 on Oct. 21, 2024.
Listed by Liz & Ellie Local of Compass
1 Tannery Brook Row 1C
Sold for $1,445,000 on Oct. 3, 2024.
Listed by Ashley Rose of Compass
3-BR Condo Sales in Cambridge in 2024
3-BR Condo Sales in Somerville in 2024
Remove the Mortgage Contingency?
Checking in with Charles and Maggie
The market mellowed towards the end of the month of October, as the typical end of year slow down in sales began a bit early, with many buyers pausing until after Election Day on Nov. 5 – or until 2025.
An usual number of mild weather days of late, including multiple days in the mid 70s. It has felt more like summer than fall.
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!
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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