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As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

Somerville Real Estate Sales – January 2010

Welcome to the Somerville Real Estate Sales Report

Welcome to the Somerville Real Estate Sales Report

Here’s a look at Somerville real estate sales during January 2010.

Homes for Sale in Somerville

186 residential properties were listed for sale in Somerville in the MLS on January 31, 2010 priced between $176,900 and $1,684,133.  Properties had been on the market an average of 146 days. 

Somerville Real Estate Sales in Jan. 2010

30 residential properties sold in Somerville in January 2010. This is an increase of 88% over January 2009 sales when 16 properties sold in Somerville. The median sales price in January 2010 was $357,500.

4 Somerville single family houses sold in January priced between $217,000 and $380,000.  The median sales price was $335,000.  Houses had been on the market an average of 40 days and sold for an average of 96% of asking price. 

17 condos sold in Somerville in January for prices from $173,000 to $480,000.  Condos were on the market an average of 102 days. The median sales price was $345,000.  Condominiums sold for 99% of the asking price on average.

9 multi-family homes sold during January for prices from $260,100 to $528,000. The median sales price was $385,000. On average, multi-unit houses sold for 103% of list price and were on the market 83 days.

Total value of Somerville real estate sold in January 2010 was $10,560,100.

 SEE ALSO:

 Somerville Real Estate Market in 2009 and 2008

 

somerville-ma-real-estate

 

Somerville real estate sales info from MLSpin

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