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Somerville Real Estate Sold In May 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 the Somerville real estate sold in May 2010.

Somerville Real Estate on the Market 

271 residential properties were listed for sale in Somerville in the MLS on May 31, 2010 for asking prices between $159,000 and $1,600,000.  Average days on market for these properties was 98. 

Somerville Real Estate Sold in May 2010

65 residential properties sold in Somerville in May.  The median sales price last month was $370,000.

4 Somerville single family houses sold last month for prices between $235,000 and $756,000.  The median sales price was $457,450.  Three of the four sold for over the asking price. 

38 condos sold in Somerville during May for prices from $150,000 to $660,000.  These condominiums were on the market an average of 77 days. The median condo sales price was $312,250.  On average, condos sold for 98% of the asking price.

It was a big month for multi-family sales – 23 multi-families sold during May for prices from $252,000 to $765,000. The median sales price was $485,000. On average, multi-families sold for 96% of the list price and were on the market 96 days.

Total value of Somerville real estate sold in May 2010 was $25,858,632.

 

See also:

Somerville Real Estate Market  April 2010

  

somerville-ma-real-estate

 

Info about Somerville real estate sold in May 2010 from MLSpin

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Medford Real Estate Sold In May 2010

Welcome to the Medford Real Estate Sold Report

Welcome to the Medford Real Estate Sold Report

Here’s a quick look back at the Medford real estate sold in May 2010.  Keep in mind that sales that closed in May were properties that went under agreement on average 6 – 8 weeks before while it was possible to qualify for the homebuyer credit. May and June sales are likely to reflect a sizable bump from the credit.

Real Estate On the Market in Medford

On May 31, 2010 160 Medford properties were on the market priced between $180,000 and $859,000. These properties had been on the market an average of 106 days.

Medford Real Estate Sold In May 2010

40 homes sold in Medford during May 2010.  The median sales price was $340,063.  Properties had been on the market an average of 83 days and sold for an average of 97% of the asking price.

17 single family houses sold in May  for sales prices between $245,000 and $515,000. The median sales price for a single family home was $338,000.  Houses were on the market 78 days on average and sold for an average of 98% of the asking price.

20 condos sold in Medford last month priced between $168,000 and $459,000.  The median condo sales price was $317,000.  Condominiums sold for an average of 97% of the list price and were on the market an average of 89 days.

Just 3 multi-family houses sold during May in Medford for $399,000, $440,000 and $455,000.   The properties sold for an average of 97% of asking price.  Average days on market was 74. 

Total value of Medford real estate sold in May was $13,767,325.

Also see: 

Medford MA Real Estate Market – April 2010 

SEARCH FOR PROPERTIES FOR SALE IN MEDFORD MASS

 

Information about the Medford real estate sold in May 2010 from MLSpin

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Arlington Real Estate Sold In May 2010

Welcome to the Arlington Real Estate Market Report

Welcome to the Arlington Real Estate Market Report

The real estate market is still hopping so it’s a challenge to get time to pull together these reports.  But with some late night blogging here’s the scoop on Arlington real estate sold in May 2010.

Arlington Real Estate On The Market 

124 homes were listed for sale in Arlington MA on May 31, 2010 priced from $129,000 to $1,060,000.  Average days on market for these properties was 88.

Arlington Real Estate Sold In May 2010

63 Arlington homes sold in May.  The median price paid was $415,000.  Homes sold on average for 98% of the list price. 

33 single families sold in May for $260,000 to $862,500.  The median price paid was $488,000.  Houses were on the market an average of 61 days and sold on average for 97% of the asking price.

26 condos sold in Arlington MA in May 2010 for prices from $162,500 to $556,100.   The median sales price was $369,500.  Condominiums sold for an average of 98% of the asking price and were on the market an average of 38 days.

4 Arlington multi-family houses  sold in May for prices between $409,000 and $550,000.  These properties had been on the market an average of 137 days and sold for an average of 100% of asking.

Total value of Arlington real estate sold in May  was $27,802,850.

SEARCH FOR ARLINGTON MASS REAL ESTATE

ARLINGTON Real Estate Market April 2010

 

Information about Arlington real estate sold in  May 2010 from MLSpin

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Cambridge Real Estate Sold In May 2010

Welcome to the Cambridge Real Estate Report

Welcome to the Cambridge Real Estate Report

Here’s a quick recap of Cambridge real estate sold in May 2010:

Cambridge Real Estate On the Market – May 31, 2010

On May 31, 2010  there were  426 homes listed for sale in Cambridge Mass.  Asking prices ranged from $162,500 to $4,500,000.  The median asking price was $529,450.  Properties had been on the market an average  of 90 days. 

Cambridge Real Estate Sold in May 2010

75 homes sold in Cambridge during May2010 for prices from $230,000 t0 $2,355,000.   These properties had been on the market an average of 75 days.

7 single family houses sold in May 2010 for prices ranging from $644,500 to $2,355,000.  Average days on market was 76 and these houses sold on average for 104% of asking price.  The median sales price was $1,237,500.

Condominiums made up the bulk of sales with 65 condos sold in Cambridge in May for sales prices from $230,000 to $1,560,000.  The median condo sales price was $412,000.  Condos sold on average for 98% of the asking price and were on the market an average of 77 days.

Just 3 multi-families sold in May – one in the $500,000s and two in the $700,000s.  Average days on market was just 32.

The total value of Cambridge real estate sold in May 2010 was $42,239,155.

Information about the Cambridge real estate sold in May 2010  from MLSpin.

Last month’s numbers:

Cambridge Real Estate Market in April 2010

SEARCH FOR CONDOS FOR SALE IN CAMBRIDGE MASS

SEARCH FOR SINGLE FAMILY HOMES FOR SALE IN CAMBRIDGE MASS

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Belmont Real Estate Sold In May 2010

Belmont MA Real Estate Report

Belmont MA Real Estate Report

Here’s a quick look back at Belmont real estate sold in May 2010.   

Homes On The Market In Belmont MA

113 homes were listed for sale in Belmont on May 31, 2010 for prices ranging from $164,900 to $2,795,000.  Average days on market was 82.

Belmont Real Estate Sold in May 2010

21 homes sold  in Belmont during the month of May.  Homes had been on the market an average of 81 days and sold for an average of 98% of asking price.  

11 single family houses sold in May for sales prices between $540,000 and $1,204,000.  The median price was $718,000. Average days on market was 79 and houses sold for an average of 97% of list price.

9 condominiums sold in Belmont in May 2010  for prices between $166,000 and $601,500.  The median price was $320,000.   Condos sold for an average of 99% of the asking price.

It wasn’t a big month for multi-family sales.  Just one multi-family house sold last month for $585,000.

Total value of Belmont real estate sold in May was $12,038,000.

Also see:

BELMONT REAL ESTATE MARKET – April 2010

 

belmont-real-estate-search1

 

Info about Belmont real estate sold in May 2010 is  from MLSpin.

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Watertown Real Estate Sold In May 2010

Welcome to the Watertown Real Estate Market Report

Welcome to the Watertown Real Estate Market Report

As the month comes to an end lets take a quick look back at Watertown real estate sold in May 2010. 

On the Market in Watertown

156 Watertown residential properties were listed for sale in the MLS  on May 31, 2010 priced between $180,000 and $1,785,000.  These homes had been on the market an average of 101 days.  That’s a 17% increase in inventory from this time last year when 129 homes were on the market. 

It does appear that some of the spring market sales were pushed into the earlier months of the year as buyers tried to take advantage of the credit. If inventory continues to grow there may be pressure on prices in some segments of the market.

Watertown Real Estate Sold In May 2010

33 Watertown properties sold in May 2010.  The median sales price in May 2010 was $363,000. Homes were on the market an average of 76 days. 
 
7 single family homes sold in May for prices between $135,000 and $879,000.  The median price paid was $569,000.  Average days on market was 77.
 
23 Watertown condominiums sold in May 2010 for prices from $195,000 to $550,000.  The median sales price was $320,000.  Condos sold on average for 97% of the asking price and were on the market an average of 84 days.
 
3 multi-family homes sold in May for  sales prices between $392,500 and $472,000.   These properties had been on the market an average of just 11 days and sold for 100 to 105% of list price.  Not bad!

Total value of Watertown real estate sold in May 2010 was $$12,726,994

See Also:

Watertown Real Estate Market – April 2010

Watertown Real Estate

 

Info about Watertown real estate sold in May 2010 from MLSpin

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Somerville Real Estate Market – April 2010

Welcome to the Somerville Real Estate Market Report

Welcome to the Somerville Real Estate Market Report

Here’s the last of this month’s real estate roundups – a look at the Somerville real estate market in April 2010.

Real Estate on the Market in Somerville

300 residential properties were listed for sale in Somerville in the MLS on April 30, 2010 priced between $169,000 and $1,500,000.  Properties had been on the market an average of 91 days. 

Somerville Real Estate Sales in April 2010

49 residential properties sold in Somerville in April.  The median sales price was $365,000.

7 Somerville single family houses sold last month for prices between $365,000 and $933,000.  The median sales price was $540,000.  Houses had been on the market an average of 124 days and sold for an average of 98% of asking price. 

36 condominiums sold in Somerville during April for prices from $210,000 to $590,000.  Condos were on the market an average of 73 days. The median condo sales price was $330,000.  On average, condominiums sold for 98% of the list price.

6 multi-families sold during April for prices from $248,000 to $599,000. The median sales price was $427,750. On average, multi-families sold for 99% of the asking price and were on the market 83 days.

Total value of Somerville real estate sold in April 2010 was $19,205,400.

 

See also:

Somerville Home Sales in March 2010

  

somerville-ma-real-estate

 

Somerville real estate market info from MLSpin

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Medford Real Estate Market – April 2010

Welcome to the Medford Real Estate Market Report

Welcome to the Medford Real Estate Market Report

Here’sa quick look back at the Medford real estate market in April 2010

On the Market in Medford

On April 30, 2010 170 Medford properties were on the market priced between $174,900 and $859,000. These properties have been on the market an average of 101 days.

Medford Real Estate Market – April 2010

45 properties sold in Medford during April 2010.  The median sales price was $366,000.  Homes had been on the market an average of 54 days and sold for an average of 98% of the list price.

19 single family homes sold in April  for sales prices between $270,000 and $585,000. The median sales price for a single family home was $366,000.  Houses were on the market 67 days on average and sold for an average of 97% of the list price.

15 condos sold in Medford last month priced between $157,500 and $416,000.  The median condo sales price was $297,500.  Condominiums sold for an average of 98% of the asking price and were on the market an average of only 44 days.

11 multi-family houses sold during April in Medford MA priced between $335,000 and $525,000.  The median price was $430,000. Multi-families sold on average for 100% of asking price.  Average days on market was 44. 

Total value of Medford MA homes sold in April was $16,343,405.

Also see: 

Medford MA Real Estate Sales – March 2010 

SEARCH FOR PROPERTIES FOR SALE IN MEDFORD MASS

 

Information about the Medford real estate market in April 2010 from MLSpin

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