Somerville Real Estate Market
The median sale price for homes in Somerville over the last 12 months is $282,500.
The median mortgage debt is $206,163.
The price per square foot for listings in this area is $167.
The median sale price in December for single family homes is $329,500. The sale prices increased by 24.33% from the previous month.
The number of active listings in Somerville increased by 7.5% from the previous month.
The median number of days active properties have been listed is 62. This is significantly shorter than the national average.
The percent of owner occupied properties in Somerville is 12.77% below the national average.
The percent of rental properties in Somerville is 23.54% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
