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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.

Home Sales in Somerville MA – September 2009

Somerville Massachusetts Home Sales

Somerville Massachusetts Home Sales

It’s that time of the month again – time for the wrap up of the month’s real estate activity – here’s a look at home sales in Somerville MA in September 2009.

Homes for Sale in Somerville

At the end of the month, 249 Somerville residential properties were listed for sale in the MLS priced between $144,900 and $1,600,000.  Properties had been on the market an average of 120 days. 

Homes Sold in Somerville in September 2009

43 residential properties sold in Somerville during September 2009, significantly fewer than closed the month before when 90 sales closed.  September sales reflect properties that received accepted offers during the summer, traditionally a slower time of the year when fewer properties are listed for sale. 

Just 2 single family homes sold in September – one for $486,600 and another for $615,000.  These homes had been on the market an average of only 18 days. 

28 condos sold in Somerville condos in September for prices from $145,000 and $893,000.  Condominiums were on the market an average of 87 days and sold for an average price of $382,643. The median sales price was $365,500.  On average condos sold for 97% of the asking price.

13 multi-families sold during September for prices from $328,800 to $870,000. The median sales price in September was $443,000. On average, multi-unit houses sold for 97% of list price and were on the market 77 days.

Total Somerville closed residential sales volume in September was $18,024,900.

 See Also:

 August 2009 Somerville Real Estate Activity




Categories: Real Estate Market Info

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