Somerville Real Estate Market Activity in August 2009 | Centers And Squares

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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 Activity in August 2009

Welcome to the Somerville Real Estate Report

Welcome to the Somerville Real Estate Report

Once a month we look back at the real estate market activity in Somerville.  Here’s how it shaped up in August 2009.

Somerville Real Estate Market – Properties for Sale

217 residential properties were on the market in Somerville on August 31, 2009, 40 fewer than were for sale just one month ago.  Properties were priced between $144,900 and $1,600,000.  The average days on market was 122. 

Somerville Real Estate Sales in August 2009

90 residential properties sold in Somerville during August 2009.  The average sales price was $372,189.  The median sales price was $349,450.  Properties were on the market an average of 80 days.

9 single family homes sold in August for prices that ranged from $162,000 to $426,500.  The median sales price was $335,000. Somerville single family homes sold in August for an average of 98% of list price.  Average days on market was 56. 

60 Somerville condos sold in August for sale prices between $145,000 and $700,000.  The median condo sales price was $327,450.  The average days on market was 75.  In August condos sold for an average of 98% of the asking price.

21 multi-family properties sold in August for prices ranging from $220,000 to $685,000. The median sales price in August was $425,000. Multi-unit houses sold for an average of 98% of asking price.  Average days on market was 102.

Total Somerville closed residential sales volume in August was $33,497,051.

 See Also:

 July 2009 Somerville Real Estate Activity

 

somerville-ma-real-estate

 

Information about Somerville real estate market activity from MLSPIN

If you’d like help with your Somerville real estate search please give me a call at 617-504-1737 or contact me by email.

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