2006 Q3 Area Market Survey - Somerville Condominiums
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	5	78
$200,000 - $249,999	5	57		Third Quarter 2006:  July-September
$250,000 - $299,999	28	107		Data Source: MLSPIN
$300,000 - $349,999	22	83		Multiple Listing Service Property Information Netowrk
$350,000 - $399,999	38	120
$400,000 - $449,999	19	111
$450,000 - $499,999	13	76
$500,000 - $599,999	7	148
$600,000 - $699,999	5	142
$900,000 - $999,999	3	68
$1,000,000 - $1,499,999	1	69
Total Properties	146	Avg. 103
Lowest Price: $154,900	Median Price: $370,000
Highest Price: $1,180,000	Average Price: $392,799
Total Market Volume: $57,348,790
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	1	211
$250,000 - $299,999	1	54
$300,000 - $349,999	1	124
$350,000 - $399,999	1	29
$400,000 - $449,999	2	42
$450,000 - $499,999	2	43
Total Properties	8	Avg. 73
Lowest Price: $159,000	Median Price: $426,000
Highest Price: $460,000	Average Price: $360,975
Total Market Volume: $2,887,800
SOLD LISTINGS
Price Range	Number of	Avg. Days	Average	Average	SP:LP	Average	SP:OP
	Listings	on Market	Sale Price	List Price	Ratio	Orig Price	Ratio
$150,000 - $199,999	5	37	$184,180	$186,900	99	$190,900	96
$200,000 - $249,999	19	66	$226,521	$231,716	98	$239,121	95
$250,000 - $299,999	18	158	$271,417	$275,054	99	$285,683	95
$300,000 - $349,999	25	114	$319,480	$327,741	97	$343,977	93
$350,000 - $399,999	36	116	$370,458	$378,506	98	$390,459	95
$400,000 - $449,999	17	130	$424,347	$438,212	97	$454,800	93
$450,000 - $499,999	9	74	$470,594	$479,411	98	$494,967	95
$500,000 - $599,999	10	74	$543,650	$555,370	98	$576,360	94
$600,000 - $699,999	4	74	$636,875	$666,725	96	$681,725	93
$800,000 - $899,999	1	320	$817,500	$875,000	93	$995,000	82
$900,000 - $999,999	1	34	$960,000	$979,900	98	$979,900	98
Total Properties	145	Avg. 107	$363,066	$372,053	98	$385,847	94
Lowest Price: $154,000	Median Price: $354,000
Highest Price: $960,000	Average Price: $363,065
Total Market Volume: $52,644,550
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$100,000 - $149,999	2	300
$150,000 - $199,999	1	126
$200,000 - $249,999	5	147
$250,000 - $299,999	24	155
$300,000 - $349,999	16	115
$350,000 - $399,999	28	120
$400,000 - $449,999	19	193
$450,000 - $499,999	7	125
$500,000 - $599,999	6	90
$600,000 - $699,999	6	178
$900,000 - $999,999	1	93
Total Properties	115	Avg. 144
Lowest Price: $144,900	Median Price: $369,000
Highest Price: $979,900	Average Price: $386,165
Total Market Volume: $44,408,984
2006 Q3 Area Market Survey - Somerville Single Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	2	110
$400,000 - $449,999	2	150		Third Quarter 2006:  July-September
$450,000 - $499,999	3	157		Data Source: MLSPIN
$500,000 - $599,999	7	190		Multiple Listing Service Property Information Netowrk
$600,000 - $699,999	2	102
$700,000 - $799,999	2	50
Total Properties	18	Avg. 145
Lowest Price: $355,000	Median Price: $525,000
Highest Price: $775,000	Average Price: $544,077
Total Market Volume: $9,793,399
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	1	34
$350,000 - $399,999	-	-
$400,000 - $449,999	1	220
Total Properties	2	Avg. 127
Lowest Price: $325,000	Median Price: $449,900
Highest Price: $449,900	Average Price: $387,450
Total Market Volume: $774,900
SOLD LISTINGS
Price Range	Number of	Avg. Days	Average	Average	SP:LP	Average	SP:OP
	Listings	on Market	Sale Price	List Price	Ratio	Orig Price	Ratio
$250,000 - $299,999	1	116	$255,000	$255,900	100	$288,900	88
$300,000 - $349,999	5	60	$329,400	$344,156	96	$282,230	117
$350,000 - $399,999	-	-	-	-	-	-	-
$400,000 - $449,999	2	89	$415,000	$449,500	92	$474,500	87
$450,000 - $499,999	2	128	$459,500	$484,450	95	$494,450	93
$500,000 - $599,999	2	77	$568,500	$574,000	99	$624,000	91
$600,000 - $699,999	4	59	$634,250	$646,475	98	$646,475	98
$700,000 - $799,999	1	5	$719,000	$719,000	100	$719,000	100
$800,000 - $899,999	2	185	$879,750	$897,000	98	$1,015,000	87
$900,000 - $999,999	1	67	$900,000	$925,000	97	$975,000	92
Total Properties	20	Avg. 84	$535,175	$550,824	97	$559,792	96
Lowest Price: $255,000	Median Price: $548,000
Highest Price: $900,000	Average Price: $535,175
Total Market Volume: $10,703,500
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	1	93
$300,000 - $349,999	3	173
$350,000 - $399,999	-	-
$400,000 - $449,999	2	76
$450,000 - $499,999	2	103
$500,000 - $599,999	3	149
$600,000 - $699,999	3	100
$700,000 - $799,999	-	-
$800,000 - $899,999	2	75
$900,000 - $999,999	1	6
Total Properties	17	Avg. 110
Lowest Price: $270,000	Median Price: $500,000
Highest Price: $995,999	Average Price: $554,429
Total Market Volume: $9,425,299
2006 Q3 Area Market Survey - Somerville Multi-Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$400,000 - $449,999	2	144
$450,000 - $499,999	10	93		Third Quarter 2006:  July-September
$500,000 - $599,999	14	84		Data Source: MLSPIN
$600,000 - $699,999	23	87		Multiple Listing Service Property Information Netowrk
$700,000 - $799,999	4	55
$800,000 - $899,999	1	58
$900,000 - $999,999	-	-
$1,000,000 - $1,499,999	1	111
$1,500,000 - $1,999,999	-	-
$2,000,000 - $2,499,999	1	49
Total Properties	56	Avg. 86
Lowest Price: $420,000	Median Price: $624,900
Highest Price: $2,350,000	Average Price: $645,087
Total Market Volume: $36,124,889
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	1	150
$350,000 - $399,999	-	-
$400,000 - $449,999	-	-
$450,000 - $499,999	-	-
$500,000 - $599,999	5	104
$600,000 - $699,999	2	66
$3,000,000 - $3,999,999	1	113
Total Properties	9	Avg. 101
Lowest Price: $339,900	Median Price: $589,900
Highest Price: $3,300,000	Average Price: $866,719
Total Market Volume: $7,800,476
SOLD LISTINGS
Price Range	Number of	Avg. Days	Average	Average	SP:LP	Average	SP:OP
	Listings	on Market	Sale Price	List Price	Ratio	Orig Price	Ratio
$350,000 - $399,999	2	88	$362,500	$424,000	85	$469,500	77
$400,000 - $449,999	2	211	$441,000	$464,889	95	$534,500	83
$450,000 - $499,999	8	103	$469,938	$497,687	94	$544,060	86
$500,000 - $599,999	18	86	$538,989	$565,504	95	$608,054	89
$600,000 - $699,999	10	82	$640,830	$674,740	95	$698,316	92
$700,000 - $799,999	4	107	$737,500	$783,425	94	$834,675	88
$800,000 - $899,999	1	36	$866,000	$793,000	109	$793,000	109
Total Properties	46	Avg. 93	$549,870	$593,423	93	$632,724	87
Lowest Price: $1,400	Median Price: $540,000
Highest Price: $866,000	Average Price: $549,869
Total Market Volume: $25,294,000
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	1	152
$400,000 - $449,999	-	-
$450,000 - $499,999	3	199
$500,000 - $599,999	19	127
$600,000 - $699,999	21	134
$700,000 - $799,999	10	166
$800,000 - $899,999	5	73
$900,000 - $999,999	4	220
$1,000,000 - $1,499,999	4	27
Total Properties	67	Avg. 134
Lowest Price: $389,900	Median Price: $650,000