Area Market Survey - Somerville Condominiums
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	6	73
$200,000 - $249,999	11	62		Fourth Quarter 2006:  October-December
$250,000 - $299,999	16	91		Data Source: MLSPIN
$300,000 - $349,999	12	73		Multiple Listing Service Property Information Netowrk
$350,000 - $399,999	14	78
$400,000 - $449,999	8	73
$450,000 - $499,999	4	51
$500,000 - $599,999	5	67
$600,000 - $699,999	1	73
$700,000 - $799,999	1	77
$800,000 - $899,999	1	50
$900,000 - $999,999	-	-
$1,000,000 - $1,499,999	2	142
Total Properties	81	Avg. 75
Lowest Price: $179,000	Median Price: $334,900
Highest Price: $1,200,000	Average Price: $369,405
Total Market Volume: $29,921,875
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	198
$300,000 - $349,999	5	163
$350,000 - $399,999	9	134
$400,000 - $449,999	6	93
$450,000 - $499,999	1	217
$500,000 - $599,999	3	374
$600,000 - $699,999	1	89
Total Properties	27	Avg. 163
Lowest Price: $289,000	Median Price: $389,000
Highest Price: $625,000	Average Price: $406,977
Total Market Volume: $10,988,400
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
$100,000 - $149,999	3	93	$142,000	$147,433	96	$151,567	94
$150,000 - $199,999	6	52	$177,917	$183,083	97	$183,083	97
$200,000 - $249,999	9	143	$236,800	$242,844	98	$257,800	92
$250,000 - $299,999	14	79	$276,279	$290,264	95	$296,529	93
$300,000 - $349,999	9	89	$328,267	$336,967	97	$355,622	92
$350,000 - $399,999	21	73	$374,583	$383,336	98	$398,336	94
$400,000 - $449,999	11	96	$421,900	$436,345	97	$460,436	92
$450,000 - $499,999	7	86	$463,714	$482,429	96	$498,229	93
$500,000 - $599,999	3	111	$584,167	$596,267	98	$711,259	82
$600,000 - $699,999	2	188	$617,500	$639,450	97	$800,000	77
$700,000 - $799,999	1	27	$735,000	$768,000	96	$768,000	96
Total Properties	86	Avg. 89	$347,938	$359,132	97	$379,589	92
Lowest Price: $140,000	Median Price: $351,250
Highest Price: $735,000	Average Price: $347,937
Total Market Volume: $29,922,650
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	4	78
$200,000 - $249,999	6	142
$250,000 - $299,999	25	147
$300,000 - $349,999	18	148
$350,000 - $399,999	20	165
$400,000 - $449,999	9	126
$450,000 - $499,999	10	166
$500,000 - $599,999	9	155
$600,000 - $699,999	2	115
$700,000 - $799,999	1	84
$800,000 - $899,999	-	-
$900,000 - $999,999	2	206
$1,000,000 - $1,499,999	2	78
Total Properties	108	Avg. 146
Lowest Price: $179,000	Median Price: $355,000
Highest Price: $1,299,000	Average Price: $396,294
Total Market Volume: $42,799,781
Area Market Survey - Somerville Single Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	185
$300,000 - $349,999	1	66		Fourth Quarter 2006:  October-December
$350,000 - $399,999	3	114		Data Source: MLSPIN
$400,000 - $449,999	2	310		Multiple Listing Service Property Information Netowrk
$450,000 - $499,999	5	197
$500,000 - $599,999	1	80
$600,000 - $699,999	1	83
$700,000 - $799,999	2	142
Total Properties	17	Avg. 166
Lowest Price: $259,900	Median Price: $465,000
Highest Price: $775,000	Average Price: $474,820
Total Market Volume: $8,071,950
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$450,000 - $499,999	2	130
$500,000 - $599,999	-	-
$600,000 - $699,999	1	209
$700,000 - $799,999	-	-
$800,000 - $899,999	1	362
Total Properties	4	Avg. 208
Lowest Price: $499,000	Median Price: $650,000
Highest Price: $829,900	Average Price: $619,700
Total Market Volume: $2,478,800
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
$250,000 - $299,999	2	41	$282,200	$294,900	96	$297,200	95
$300,000 - $349,999	1	112	$315,000	$324,000	97	$339,000	93
$350,000 - $399,999	3	143	$375,000	$411,300	91	$457,967	82
$400,000 - $449,999	3	103	$426,667	$446,267	96	$479,300	89
$450,000 - $499,999	2	283	$458,750	$499,900	92	$614,900	75
$500,000 - $599,999	3	139	$526,667	$552,467	95	$561,167	94
$600,000 - $699,999	1	15	$635,000	$639,000	99	$639,000	99
$700,000 - $799,999	3	87	$755,300	$766,333	99	$808,333	93
Total Properties	18	Avg. 121	$482,378	$504,539	96	$540,139	89
Lowest Price: $278,400	Median Price: $457,500
Highest Price: $795,900	Average Price: $482,377
Total Market Volume: $8,682,800
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	3	140
$350,000 - $399,999	5	145
$400,000 - $449,999	3	305
$450,000 - $499,999	1	62
$500,000 - $599,999	5	228
$600,000 - $699,999	3	72
$700,000 - $799,999	2	68
$800,000 - $899,999	2	116
Total Properties	24	Avg. 160
Lowest Price: $309,900	Median Price: $519,900
Highest Price: $848,876	Average Price: $523,630
Total Market Volume: $12,567,140
Area Market Survey - Somerville Multi-Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$400,000 - $449,999	1	38
$450,000 - $499,999	6	92		Fourth Quarter 2006:  October-December
$500,000 - $599,999	18	78		Data Source: MLSPIN
$600,000 - $699,999	11	104		Multiple Listing Service Property Information Netowrk
$700,000 - $799,999	7	43
$800,000 - $899,999	2	80
$900,000 - $999,999	2	224
$1,000,000 - $1,499,999	2	89
$2,500,000 - $2,999,999	1	66
Total Properties	50	Avg. 85
Lowest Price: $449,000	Median Price: $609,000
Highest Price: $2,975,000	Average Price: $696,654
Total Market Volume: $34,832,749
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	1	249
$400,000 - $449,999	-	-
$450,000 - $499,999	4	125
$500,000 - $599,999	4	48
$600,000 - $699,999	3	70
$700,000 - $799,999	1	2
Total Properties	13	Avg. 88
Lowest Price: $399,000	Median Price: $550,000
Highest Price: $750,000	Average Price: $564,021
Total Market Volume: $7,332,276
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
$300,000 - $349,999	1	170	$340,000	$369,000	92	$469,000	72
$350,000 - $399,999	3	195	$382,967	$401,300	95	$417,667	92
$400,000 - $449,999	5	70	$425,580	$419,740	101	$447,720	95
$450,000 - $499,999	12	109	$479,667	$505,175	95	$541,908	89
$500,000 - $599,999	13	92	$531,800	$557,415	95	$580,869	92
$600,000 - $699,999	9	46	$645,278	$669,553	96	$695,664	93
$700,000 - $799,999	2	88	$722,500	$731,500	99	$748,950	96
$800,000 - $899,999	1	41	$840,000	$925,000	91	$925,000	91
$2,500,000 - $2,999,999	1	113	$2,950,000	$3,300,000	89	$3,600,000	82
Total Properties	47	Avg. 92	$581,462	$610,512	95	$644,653	90
Lowest Price: $340,000	Median Price: $515,000
Highest Price: $2,950,000	Average Price: $581,461
Total Market Volume: $27,328,700
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$400,000 - $449,999	2	218
$450,000 - $499,999	1	105
$500,000 - $599,999	20	164
$600,000 - $699,999	19	115
$700,000 - $799,999	8	166
$800,000 - $899,999	4	118
$900,000 - $999,999