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1st Quarter 2019 Condo Sales Market Report

Charles Cherney

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

I am living my life and doing my work with joy. I have successfully served hundreds of buyers and sellers in Cambridge and Somerville, MA...

Apr 4 2 minutes read

Cambridge Condo Market Stats
for Jan. 1 to Mar. 31, 2018 (1st Quarter)

88

Condo Sales in 1st Quarter 2019

27

Average Number of Days To Offer

$958,730

Average Sale Price of a Condo

102% 

Sale Price averaged 102% of the List Price

1st Quarter 2019
Condo Sales in Cambridge

Of the 88 condo sales in Cambridge in the first quarter of 2019, 20 sales were under $599,999; 27 sales were between $600,000 & $799,999; 14 sales were between $800,000 & $999,999; and 26 sales for $1M+ or more.

Click here to see all the condo sales in Cambridge in Q1 2019.

See below for three noteworthy condo sales in Cambridge in Q1 2019.

66 Putnam Street Unit 3

Sold for $975,000 on Jan. 4, 2019.
Listed by Bonny Lamb of Compass.

14 Cottage Unit 3

Sold for $1,225,000 on Feb. 8, 2019.
Listed by Currier, Lane & Young of Compass.

27 Kinnaird Street Unit 3

Sold for $1,300,000 on Jan. 4, 2019. Listed by True Home Partners of Compass.

Somerville Condo Market Stats
for Jan. 1 to Mar 31, 2019 (1st Quarter)

108

Condo Sales in 4th Quarter 2018

45

Average Number of Days To Offer

$825,045

Average Sale Price of a Condo

98% 

Sale Price averaged 102% of the List Price

1st Quarter 2019
Condo Sales in Somerville

Of the 108 condo sales in Somerville in the first quarter of 2019, 20 sales were under $599,999; 39 sales were between $600,000 & $799,999; 23 sales were between $800,000 & $999,999; and 26 sales for $1M+ or more.

Click here to see all the condo sales in Somerville in Q1 2019.

See below for three noteworthy condo sales in Somerville in Q1 2019.

29 Woodbine Street Unit 107

Sold for $694,250 on Feb. 20, 2019.
Listed by True Home Partners of Compass.

54 Myrtle Street Unit 2

Sold for $830,000 on Jan. 18, 2019. Listed by Spencer Lane and Mary Lane of Compass.

17 Gorham Street Unit 1

Sold for $1,045,000 on Mar. 15, 2019. Listed by David Bottari of Berkshire Hathaway.

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