Centers And Squares
Somerville Real Estate Market Statistics – January 2009
The Somerville Real Estate Numbers for January 2009
178 properties were on the market in Somerville on January 31, 2009. The lowest priced property was listed for $149,900, the most expensive for $2,875,000. Average days on market was 161.
Real estate transactions in Massachusetts typically close about six to eight weeks after a seller accepts an offer. Most of the January sales reflect real estate activity in November and December. 24 properties sold (closed) in Somerville during January with an average sales price of $487,181. The median sales price was $414,000. Average days on market was 66. Read the rest of this entry »
Cambridge Real Estate – Weekly New Listings Tour – Cambridge – Arlington – Somerville
Our office tours new listings every Wednesday morning. This morning it was hard to be enthusiastic – 18 degrees, more snow, fewer parking spaces, and the prospect of putting boots on and off at every property was enough to make me want to stay at home where it was warm.
But I love touring new listings and I was happy to see we had 15 properties on the tour. The actual breakdown was 11 condos, 3 single families, and 1 multi-family. Since we’ve been in a period of low inventory and it’s been difficult for buyers to find what they want I was delighted to see plenty of new listings on this tour. Read the rest of this entry »
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