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Somerville Real Estate Overview

Today, November 25, 2009

Market View for Somerville

Info
Avg. Listing Price $385,992 Wk ending Nov 18
-$1,774
-0.5%
w-o-w
Median Sales Price $387,500 Aug '09 - Oct '09
+$8,125
+2.1%
y-o-y
257Homes For Sale 0Open Homes
332Recently Sold 80Foreclosures

Market Trends for Somerville

Embed Info
Listing price – Somerville
Average Listing Price
$385,992
-0.5%
w-o-w
Median Sales Price
$387,500
+2.1%
y-o-y
Average price/sqft
$235
-4.1%
y-o-y
Number of Sales
130
-8.5%
y-o-y
More Somerville Market Trends
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Home Prices for Somerville

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 18
 
w-o-w

Ten Hills
$299,100
-2.5%
Powder House
$438,250
-0.9%
East Somerville
$252,868
+2.1%
Spring Hill
$425,316
-1.7%
Ward Two
$401,774
-0.4%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

Winter Hill
$431,282
+7.9%
Ten Hills
$299,100
-2.5%
Magoun Square
$242,770
-2.3%
East Somerville
$252,868
+2.1%
Spring Hill
$425,316
-1.7%
 
View Somerville Home Prices Map
 

Somerville Summary

Average price per square foot for Somerville MA was $235, a decrease of 4.1% compared to the same period last year. The median sales price for homes in Somerville MA for Aug 09 to Oct 09 was $387,500 based on 130 home sales. Compared to the same period one year ago, the median home sales price increased 2.1%, or $8,125, and the number of home sales decreased 8.5%.

There are currently 257 resale and new homes in Somerville on Trulia, including 80 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Somerville MA was $385,992 for the week ending Nov 18, which represents a decrease of 0.5%, or $1,774, compared to the prior week. Popular neighborhoods in Somerville include Ten Hills and Powder House, with average listing prices of $299,100 and $438,250.

 

Community Info for Somerville

Info
More Somerville Community Info

Homes for Sale in Somerville

124 Highland Road, Somerville MA
124 Highla…
$399,000
2 br  1 ba
210 Summer Street, Somerville MA
210 Summer…
$349,000
2 br  2 ba
42 Marshall Street, Somerville MA
42 Marshall…
$549,900
9 br  3 full 2 partial ba
334 Beacon Street #B, Somerville MA
334 Beacon…
$659,000
3 br  2 ½ ba
155 Sycamore Street, Somerville MA
155 Sycamo…
$1,644,876
8 br  8 ba
39 Jay Street, Somerville MA
39 Jay St,…
$849,900
6 br  3 ba
View all Somerville Homes for Sale
 
Stats & Trends
Somerville

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Ten Hills

Powder House

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  • Davis Square
  • East Somerville
  • Industrial Park
  • Magoun Square
  • Mystic River
  • Powder House
  • Prospect Hill
  • Spring Hill
  • Teele Square
  • Ten Hills
  • Tufts
  • Ward Two
  • West Somerville
  • Winter Hill
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  • 02144
  • 02145
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Nearby Cities

Cities
Median
sales price
Average
listing price
Cambridge
$404,750
$699,368
Allston
$252,125
$286,880
Brighton
$275,500
$317,622
Boston
$527,500
$745,052
Medford
$324,944
$358,516
Charlestown
$390,500
$544,460
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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