Somerville Real Estate Market
The median sale price for homes in Somerville over the last 12 months is $372,000.
The median mortgage debt is $213,623.
The price per square foot for listings in this area is $328.
The number of active listings in Somerville increased by 26.3% from the previous month.
The median number of days active properties have been listed is 18. This is significantly shorter than the national average.
The percent of unoccupied properties is very low in Somerville. It is -8.9% below the national average.
The percent of owner occupied properties in Somerville is 28.5% below the national average.
The percent of rental properties in Somerville is 40.2% above the national average which is typical for urban areas.
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KELLER WILLIAMS REALTY
Buying or selling? Call me, your real estate professional, at 617-448-1542