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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 Home Sale Report – August 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 Somerville home sale activity in August 2010.

Somerville Real Estate on the Market 

230 residential properties were listed for sale in Somerville in the MLS on August 31, 2010 for asking prices between $74,900 and $1,600,000.  Average days on market for these properties was 124. 

Somerville Home Sale Activity- August 2010

62 residential properties sold in Somerville in August with a median sales price of $403,250. 

6 Somerville single family houses sold in August for prices between $287,100 and $815,000.  The median sales price was $464,500.  On average, houses sold for 98% of asking price. 

43 condos sold in Somerville last month for prices from $163,500 to $750,000.  These condominiums were on the market an average of 70 days. The median condo sales price was $380,000.  On average, condos sold for 98% of the asking price.

13 multi-family houses sold during August for prices from $330,000 to $705,000. The median sales price was $525,000. On average, multi-families sold for 97% of the list price and were on the market 86 days.

Total value of Somerville  home sales in August 2010 was $25,710,808.


See also:

Somerville Real Estate Sales – July 2010




Info about Somerville home sale activity in August 2010 from MLSpin

Categories: Real Estate Market Info

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