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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 Market – July 2009

Welcome to the Somerville Real Estate Report

Welcome to the Somerville Real Estate Report

Here’s the last market report for July – The Somerville Real Estate Market – July 2009. 

Somerville Real Estate Market – Homes for Sale

257 residential properties were on the market in Somerville on July 31, 2009, 25 fewer than a month ago.  Properties were priced between $105,000 and $1,600,000.  The average days on market was 124. 

Somerville Real Estate Sales in July 2009

79 residential properties sold in Somerville during the month of July.  The average sales price was $404,843.  The median sales price was $366,800.  The average days on market was 60.

6 single family homes sold in July for prices between $267,500 and $1,100,000.  The median sales price was $404,000. Somerville single family homes sold in July for an average of 92% of list price.  Average days on market was 92. 

56 Somerville condos sold in July for sales prices between $88,200 and $667,000.  The median condo sales price was $364,500.  The average days on market was 57.  Condos sold in July for an average of 98% of list price.

17 multi-family properties sold in July for prices ranging from $224,900 to $673,500. The median sales price in July was $476,000. Multi-unit houses sold for an average of 98% of asking price.  Average days on market was 57.

Total Somerville closed residential sales volume in July was $31,982,625.

 See Also:

 June 2009 Somerville Real Estate Activity

 

somerville-ma-real-estate

 

Information about Somerville real estate market activity from MLSPIN

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