Somerville, MA November 1, 2009 - Somerville's home resale inventories decreased, with a 7 percent decreased since October 2009. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in November. The median listing price in Somerville went down from October to November. There were a total of 2 price increases and 62 price decreases.
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 171 | 183 7% | 202 18% | 121 -29% | - |
| Median List Price | $330,000 | $349,750 6% | $375,000 14% | $369,000 12% | - |
% Distressed | 2% | 2% | - | - | - |
Median Days
on Market | 80 | 76 -5% | 58 -28% | 57 -29% | - |
| Median House Size | 1038 | 1050 1% | 1143 10% | 1200 16% | - |
Median Price
Per Sq. Ft. | $323 | $340 5% | $341 6% | $309 -4% | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 25 | 24 -4% | 31 24% | 19 -24% | - |
| Median List Price | $379,000 | $410,000 8% | - | - | - |
% Distressed | - | 4% | - | - | - |
Median Days
on Market | 77 | 121 57% | - | - | - |
| Median House Size | 1719 | 1719 | - | - | - |
Median Price
Per Sq. Ft. | $221 | $247 12% | - | - | - |
| | Today | 1 Month Ago | 6 Months Ago | 1 Year Ago | 2 Years Ago |
| Total Inventory | 146 | 159 9% | 171 17% | 102 -30% | - |
| Median List Price | $329,000 | $348,000 6% | - | - | - |
% Distressed | 2% | 2% | - | - | - |
Median Days
on Market | 82 | 64 -22% | - | - | - |
| Median House Size | 942 | 993 5% | - | - | - |
Median Price
Per Sq. Ft. | $345 | $349 1% | - | - | - |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 62 | - | 43 | 54 | 53 | 60 | 41 | 38 | 20 | 15 | 14 |
Number of
New Listings | - | 63 | 76 | 35 | 65 | 79 | 20 | 8 | 14 | 5 | 2 | 2 |
Listings
Sold/Expired | - | 68 | - | 59 | 90 | 58 | 72 | 54 | 41 | 40 | 23 | 26 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 8 | - | 10 | 9 | 9 | 5 | 8 | 5 | 5 | 2 | 1 |
Number of
New Listings | - | 11 | 11 | 5 | 12 | 13 | 3 | 2 | 1 | 2 | - | 1 |
Listings
Sold/Expired | - | 14 | - | 7 | 17 | 6 | 6 | 11 | 7 | 5 | 3 | 4 |
| | 11/09 | 10/09 | 9/09 | 8/09 | 7/09 | 6/09 | 5/09 | 4/09 | 3/09 | 2/09 | 1/09 | 12/08 |
| Price Reductions | - | 54 | - | 33 | 45 | 44 | 55 | 33 | 33 | 15 | 13 | 13 |
Number of
New Listings | - | 52 | 65 | 30 | 53 | 66 | 17 | 6 | 13 | 3 | 2 | 1 |
Listings
Sold/Expired | - | 54 | - | 52 | 73 | 52 | 66 | 43 | 34 | 35 | 20 | 22 |
* Historical data may be incomplete in some areas.
Somerville, MA Market Data Graphs
Median List Price
Inventory
Price Changes
Statistics Dashboard - Compare Market Trends with Another City
Somerville, Massachusetts real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Somerville, MA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Somerville, MA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Somerville. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about
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