Cambridge & Somerville Real Estate Blog

When do properties sell? March and April and May constitute the heart of the spring market and the busiest time of the year in the Cambridge and Somerville real estate market. The pace of sales slows in the summer months of June and July and August. That said, there is still activity in the market in these months. Indeed, a pool of new buyers who will be at MIT or Harvard often enter the market… more

Multi-family properties – which includes two-families, three-families, four-families and buildings with 5+ units – are rare offerings in the Cambridge, MA real estate market. A review of MLS sales data shows that in the five year period 2002 through 2006, 494 multi-family properties SOLD in Cambridge – an average of 99 a year. In the last five years – 2007 through 2011 – 333 multi-families SOLD in Cambridge – an average of 66 a year. The total… more

Year-to-date, MLS reports that 27 three-bedroom condos in Cambridge have SOLD in 2011 in the price range $675,000 to $825,000. A few observations about these 27 3-bedroom condo sale events in Cambridge in 2011: - 16 of the 27 are townhouse style units. - 12 of the 27 are newly renovated or new construction. - 23 of the 27… more

If you are considering buying or selling a home near Harvard University, I would be delighted to be of assistance. I am a Harvard graduate, Cambridge resident and a top broker in Cambridge since 1999. I can be reached at ccherney@hammondre.com or at 617-733-8937. Over the last ten years I have greatly enjoyed assisting Harvard professors, Harvard students and fellow Harvard alums with buying and selling in Cambridge. I have enjoyed working with Harvardians… more

What do you do if you find the perfect place in Cambridge your first day looking? Great question! Every buyer is different. Some need to have seen many places, often more than once, to know their mind and feel comfortable about proceeding with an offer. Others are ready to go if lightning strikes and they find the perfect place manifests itself on the first day of their search. There is no “right way” or “wrong way”… more