| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | $192,500 | -39.5% | $227,500 | $318,150 | $587,000 |
| 2 bedrooms | $363,000 | +2.6% | $350,000 | $353,750 | $342,450 |
| 3 bedrooms | $390,000 | +15.0% | $392,500 | $339,000 | $430,000 |
| 4 bedrooms | $440,500 | -6.0% | $415,000 | $468,398 | $529,500 | All properties | $405,000 | +8.0% | $364,000 | $375,000 | $527,875 |
The median sales price for homes in Somerville MA for Sep 09 to Nov 09 was $405,000. This represents an increase of 11.3%, or $41,000, compared to the prior quarter and an increase of 8% compared to the prior year. Sales prices have depreciated 23.3% over the last 5 years in Somerville.
The average listing price for Somerville homes for sale on Trulia was $372,704 for the week ending Dec 08, which represents a decline of 0.6%, or $2,352, compared to the prior week and a decline of 3.6%, or $13,896, compared to the week ending Nov 17. Average price per square foot for Somerville MA was $226, an increase of 0.4% compared to the same period last year. Popular neighborhoods in Somerville include Winter Hill, Ten Hills, Ward Two, East Somerville, Spring Hill, and Powder House.
| No. Bedrooms | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 1 bedroom | $287,980 | +0.6% | $286,284 | $284,061 | $281,358 |
| 2 bedrooms | $360,292 | +0.8% | $357,293 | $363,446 | $364,082 |
| 3 bedrooms | $391,032 | -4.5% | $409,294 | $404,114 | $398,056 |
| 4 bedrooms | $501,912 | -1.7% | $510,344 | $497,392 | $562,625 | All properties | $372,704 | -0.6% | $375,056 | $383,531 | $386,600 |
| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | $372 | 0.0% | $353 | $372 | $563 |
| 2 bedrooms | $308 | -9.7% | $338 | $341 | $223 |
| 3 bedrooms | $280 | +18.6% | $243 | $236 | $249 |
| 4 bedrooms | $198 | -3.4% | $201 | $205 | $212 | All properties | $226 | +0.4% | $256 | $225 | $212 |
| Neighborhoods | Week ending Dec 9 |
w-o-w | Week ending Dec 2 |
Week ending Nov 25 |
|---|---|---|---|---|
| Winter Hill | 1 | +5 | 6 | 6 |
| Ten Hills | 2 | — | 2 | 1 |
| Ward Two | 3 | — | 3 | 4 |
| East Somerville | 4 | +1 | 5 | 3 |
| Spring Hill | 5 | -4 | 1 | 2 |
| Powder House | 6 | -2 | 4 | 5 |
Market Trends
Fair Housing and Equal Opportunity|
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.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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