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September 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...

Oct 23 3 minutes read

Cambridge Market Stats for September 2024

174

Homes for sale on 9/30/24

57

Homes sold in September

120

New listings in September

 

31

Average Days to Offer

$1,180,000

Median Sale Price

100%

Avg. Sale to List Price

Click here to see all the sales in Cambridge in September

See below for three noteworthy sales in Cambridge in September

1 Aberdeen Way Unit 115, Cambridge, MA
1 Aberdeen Way Unit 115

Sold for $718,000 on Sept. 13, 2024
Listed by Maggie Dee + Charles Cherney

9 Vincent Street, Cambridge, MA
9 Vincent Street

Sold for $2,400,000 on Sept. 27, 2024.
Listed Donahue + Greene of Compass

490 Putnam Ave, Cambridge, MA
490 Putnam Avenue

Sold for $2,525,000 on Sept. 20, 2024.
Listed by Denman Drapkin Group of Compass

Somerville Market Stats for September 2024

126

Homes for sale on 9/30/24

49

Homes sold in September

107

New listings in September

 

36

Average Days to Offer

$1,090,000

Median Sale Price

97%

Avg. Sale to List Price

Click here to see all the sales in Somerville in September

See below for three noteworthy sales in Somerville in September

197 Washington Street Unit 307, Somerville
197 Washington Street Unit 307

Sold for $650,000 on Sept. 12, 2024.
Listed by Team Patti Brainard of Compass

60 Tufts Street Unit 3, Somerville, MA
60 Tufts Street Unit 3

Sold for $712,000 on Sept. 12, 2024.
Listed by Maggie Dee + Charles Cherney

24 Clarendon Ave Somerville, MA
24 Clarendon Ave

Sold for $896,580 on Sept. 23, 2024.
Listed by Maggie Dee + Charles Cherney

2-BR Condo Sales in Cambridge in 2024

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2-BR Condo Sales in Somerville in 2024  

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Negotiate after Home Inspection?

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Checking in with Charles and Maggie


Each year in September after Labor Day, market activity increases, as many more people are back from summer holidays and back for the school year. Memories of the heated market during the pandemic have not entirely faded away in the minds of many, so a steady market such as we are experiencing this year can still seem mellow by comparison.

The street I live on in Cambridge has been under construction for over three months, with water main work and road repaving and sidewalk replacement. Having a front row seat on all this work has made me appreciate how much goes into maintenance of city infrastructure. 

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!


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