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4th Quarter 2018 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...

Jan 7 2 minutes read

Cambridge Condo Market Stats
for Oct. 1 to Dec. 31, 2018 (4th Quarter)

125

Condo Sales in 4th Quarter 2018

23

Average Number of Days To Offer

$931,243

Average Sale Price of a Condo

102% 

Sale Price averaged 102% of the List Price

4th Quarter 2018
Condo Sales in Cambridge

Of the 125 condo sales in Cambridge in the fourth quarter of 2018, 20 sales were under $599,999; 45 sales were between $600,000 & $799,999; 27 sales were between $800,000 & $999,999; and 33 sales for $1M+ or more.

4th Quarter 2018 Condo Sales in Cambridge

Click here to see all the condo sales in Cambridge in Q4 2018.

See below for three noteworthy condo sales in Cambridge in Q4 2018.

7 Florence Street Unit 6, Cambridge
7 Florence Street Unit 6

Sold for $618,321 on Dec. 13, 2018.
Listed by Charles Cherney and
sold by Maggie Dee Spencer.

320 Rindge Avenue, Unit 205, Cambridge
320 Rindge Avenue Unit 205

Sold for $739,000 on Oct. 3, 2018.
Listed by Charles Cherney.

55 Regent Street, Unit 1, Cambridge
55 Regent Street Unit 1

Sold for $2,800,000 on Oct. 2 2018. Listed by Robin Repucci of Compass.

Somerville Condo Market Stats
for Oct. 1 to Dec. 31, 2018 (4th Quarter)

122

Condo Sales in 4th Quarter 2018

27

Average Number of Days To Offer

$775,787

Average Sale Price of a Condo

102% 

Sale Price averaged 102% of the List Price

4th Quarter 2018
Condo Sales in Somerville

Of the 122 condo sales in Somerville in the fourth quarter of 2018, 35 sales were under $599,999; 38 sales were between $600,000 & $799,999; 26 sales were between $800,000 & $999,999; and 23 sales for $1M+ or more.

Click here to see all the condo sales in Somerville in Q4 2018.

See below for three noteworthy condo sales in Somerville in Q4 2018.

40 Central Street Unit 2, Somerville
40 Central Street Unit 2

Sold for $500,000 on Dec. 10, 2018.
Listed by Jonathan Mitchell of Compass.

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

Sold for $640,000 on Oct. 31, 2018
by Maggie Dee Spencer as the buyer's agent.

50 Line Street Unit 3 Somerville
50 Line Street Unit 3

Sold for $675,000 on Nov. 8, 2018
by Charles Cherney as the buyer's agent.

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