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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 Sold In May 2010

Welcome to the Somerville Real Estate Report

Welcome to the Somerville Real Estate Report

Here’s the last of the monthly real estate reports with a quick look at the Somerville real estate sold in May 2010.

Somerville Real Estate on the Market 

271 residential properties were listed for sale in Somerville in the MLS on May 31, 2010 for asking prices between $159,000 and $1,600,000.  Average days on market for these properties was 98. 

Somerville Real Estate Sold in May 2010

65 residential properties sold in Somerville in May.  The median sales price last month was $370,000.

4 Somerville single family houses sold last month for prices between $235,000 and $756,000.  The median sales price was $457,450.  Three of the four sold for over the asking price. 

38 condos sold in Somerville during May for prices from $150,000 to $660,000.  These condominiums were on the market an average of 77 days. The median condo sales price was $312,250.  On average, condos sold for 98% of the asking price.

It was a big month for multi-family sales – 23 multi-families sold during May for prices from $252,000 to $765,000. The median sales price was $485,000. On average, multi-families sold for 96% of the list price and were on the market 96 days.

Total value of Somerville real estate sold in May 2010 was $25,858,632.


See also:

Somerville Real Estate Market  April 2010




Info about Somerville real estate sold in May 2010 from MLSpin

Categories: Real Estate Market Info

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