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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 Homes Sold – November 2009

Somerville Real Estate Report

Somerville Real Estate Report

Somerville homes sold in November 2009 were boosted by real estate buyers hoping to qualify for the first time homebuyer’s credit which had been scheduled to end at the end of the month.  Here’s a look at the numbers.

Homes for Sale in Somerville

226 Somerville homes were listed for sale in the MLS on Nov. 30, 2009 priced between $148,900 and $1,684,133.  Properties had been on the market an average of 139 days. 

Somerville Homes Sold in November 2009

56 residential properties sold in Somerville in November 2009, an increase of more than 20% over last month’s sales   The median sales price was $367,000.

9 Somerville single family houses sold in November priced between $262,000 and $758,000.  The median sales price was $385,000.  Houses had been on the market an average of 84 days and sold for an average of 97% of asking price. 

31 condos sold in Somerville in November for prices from $173,500 and $650,000.  Condos were on the market an average of 106 days. The median sales price was $315,000.  Condominiums sold for 98% of the asking price on average.

16 multi-family homes sold during November for prices from $292,500 to $775,000. The median sales price in November was $483,000. On average, multi-unit houses sold for 100% of list price and were on the market 61 days.

Total value of Somerville homes sold in November was $21,903,800.

 See Also:

 October 2009 Somerville Real Estate Activity

 

somerville-ma-real-estate

 Somerville homes sold info from MLSpin

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