Area Market Survey - Somerville Condominiums
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$100,000 - $149,999	2	85
$150,000 - $199,999	-	-		Second Quarter 2007:  April -  June
$200,000 - $249,999	3	160		Data Source: MLSPIN
$250,000 - $299,999	15	116		Multiple Listing Service Property Information Netowrk
$300,000 - $349,999	15	51
$350,000 - $399,999	22	73
$400,000 - $449,999	14	64
$450,000 - $499,999	7	97
$500,000 - $599,999	11	73
$600,000 - $699,999	1	41
$700,000 - $799,999	1	89
$800,000 - $899,999	1	41
$900,000 - $999,999	1	89
Total Properties	93	Avg. 79
Lowest Price: $139,900	Median Price: $379,000
Highest Price: $995,000	Average Price: $402,018
Total Market Volume: $37,387,700
ACTIVE LISTINGS w/ PRICE CHANGES
Price Range	# Listings w/	# of Price	Average Price	Average Price
	Price Change	Changes	Change %	Change $
$100,000 - $149,999	1	2	-6.67%	($10,000.00)
$150,000 - $199,999	2	2	-5.49%	($10,000.00)
$200,000 - $249,999	13	17	-4.78%	($10,861.54)
$250,000 - $299,999	21	41	-3.88%	($11,102.33)
$300,000 - $349,999	14	18	-2.91%	($9,480.64)
$350,000 - $399,999	29	33	-3.53%	($13,458.62)
$400,000 - $449,999	21	29	-3.68%	($15,738.10)
$450,000 - $499,999	16	28	-4.53%	($21,679.88)
$500,000 - $599,999	12	21	-4.25%	($24,416.67)
$600,000 - $699,999	7	8	-2.90%	($18,914.29)
$700,000 - $799,999	2	3	-4.01%	($30,000.00)
$800,000 - $899,999	1	1	-1.24%	($10,000.00)
$900,000 - $999,999	-	-	-	-
$1,000,000 - $1,499,999	1	1	-9.55%	($105,000.00)
$1,500,000 - $1,999,999	-	-	-	-
$2,000,000 - $2,499,999	1	2	-32.73%	($720,000.00)
Totals	141	206	-4.98%	($20,745.79)
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	2	58
$200,000 - $249,999	6	74
$250,000 - $299,999	6	47
$300,000 - $349,999	6	31
$350,000 - $399,999	9	62
$400,000 - $449,999	7	37
$450,000 - $499,999	2	30
$500,000 - $599,999	1	613
$600,000 - $699,999	-	-
$700,000 - $799,999	-	-
$800,000 - $899,999	1	311
Total Properties	40	Avg. 70
Lowest Price: $169,900	Median Price: $358,950
Highest Price: $899,900	Average Price: $356,246
Total Market Volume: $14,249,852
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	2	84	$127,450	$129,900	98	$129,900	98
$150,000 - $199,999	6	102	$171,917	$178,950	96	$184,783	93
$200,000 - $249,999	15	72	$227,771	$234,160	97	$229,567	99
$250,000 - $299,999	17	66	$277,035	$283,435	98	$289,688	96
$300,000 - $349,999	26	116	$323,365	$331,959	97	$341,631	95
$350,000 - $399,999	30	82	$375,913	$385,232	98	$394,068	95
$400,000 - $449,999	17	125	$423,216	$429,247	99	$448,741	94
$450,000 - $499,999	3	217	$468,000	$478,000	98	$486,300	96
$500,000 - $599,999	7	165	$537,229	$545,043	99	$565,671	95
$600,000 - $699,999	6	54	$656,317	$662,983	99	$670,633	98
$700,000 - $799,999	1	127	$749,000	$779,000	96	$779,000	96
$800,000 - $899,999	2	130	$872,500	$899,000	97	$899,000	97
$900,000 - $999,999	1	194	$925,000	$929,000	100	$929,000	100
$1,000,000 - $1,499,999	1	85	$1,125,000	$1,250,000	90	$1,250,000	90
Total Properties	134	Avg. 99	$372,676	$381,586	98	$390,061	96
Lowest Price: $116,900	Median Price: $350,000
Highest Price: $1,125,000	Average Price: $372,676
Total Market Volume: $49,938,640
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	1	248
$200,000 - $249,999	4	92
$250,000 - $299,999	6	194
$300,000 - $349,999	9	128
$350,000 - $399,999	7	186
$400,000 - $449,999	3	90
$450,000 - $499,999	2	264
$500,000 - $599,999	4	100
$600,000 - $699,999	2	57
$700,000 - $799,999	2	110
$800,000 - $899,999	-	-
$900,000 - $999,999	1	260
Total Properties	41	Avg. 146
Lowest Price: $189,525	Median Price: $354,500
Highest Price: $995,000	Average Price: $406,268
Total Market Volume: $16,657,025
Area Market Survey - Somerville Single Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	2	61
$350,000 - $399,999	4	182		Second Quarter 2007:  April -  June
$400,000 - $449,999	5	94		Data Source: MLSPIN
$450,000 - $499,999	1	61		Multiple Listing Service Property Information Netowrk
$500,000 - $599,999	3	213
$600,000 - $699,999	3	101
$700,000 - $799,999	1	76
$800,000 - $899,999	1	34
Total Properties	20	Avg. 121
Lowest Price: $319,900	Median Price: $449,900
Highest Price: $829,000	Average Price: $500,725
Total Market Volume: $10,014,501
ACTIVE LISTINGS w/ PRICE CHANGES
Price Range	# Listings w/	# of Price	Average Price	Average Price
	Price Change	Changes	Change %	Change $
$300,000 - $349,999	6	7	-3.95%	($13,166.83)
$350,000 - $399,999	3	3	-4.99%	($18,000.00)
$400,000 - $449,999	5	9	-4.43%	($19,560.00)
$450,000 - $499,999	11	15	-5.04%	($23,990.91)
$500,000 - $599,999	5	10	-5.69%	($32,000.00)
$600,000 - $699,999	5	7	-3.51%	($23,520.00)
$700,000 - $799,999	3	9	-6.64%	($51,666.67)
$800,000 - $899,999	-	-	-	-
$900,000 - $999,999	2	3	-6.01%	($57,000.00)
$1,000,000 - $1,499,999	1	4	-18.27%	($201,000.00)
Totals	41	67	-5.64%	($30,300.02)
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	12
$300,000 - $349,999	1	49
$350,000 - $399,999	1	119
$400,000 - $449,999	1	16
$450,000 - $499,999	1	48
$500,000 - $599,999	-	-
$600,000 - $699,999	-	-
$700,000 - $799,999	-	-
$800,000 - $899,999	-	-
$900,000 - $999,999	1	2
Total Properties	7	Avg. 37
Lowest Price: $269,900	Median Price: $384,900
Highest Price: $949,500	Average Price: $451,707
Total Market Volume: $3,161,950
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	1	34	$170,000	$239,900	71	$239,900	71
$200,000 - $249,999	-	-	-	-	-	-	-
$250,000 - $299,999	3	54	$285,000	$306,000	93	$315,967	90
$300,000 - $349,999	4	80	$328,750	$334,475	98	$368,200	89
$350,000 - $399,999	4	94	$380,750	$389,625	98	$414,625	92
$400,000 - $449,999	5	219	$430,780	$438,220	98	$450,920	96
$450,000 - $499,999	3	214	$472,000	$488,667	97	$506,000	93
$500,000 - $599,999	7	83	$534,486	$541,557	99	$548,700	97
$600,000 - $699,999	1	272	$662,500	$685,000	97	$695,000	95
$700,000 - $799,999	2	12	$750,000	$729,000	103	$729,000	103
Total Properties	30	Avg. 116	$444,560	$454,843	98	$469,520	95
Lowest Price: $170,000	Median Price: $430,000
Highest Price: $768,000	Average Price: $444,560
Total Market Volume: $13,336,800
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	1	92
$400,000 - $449,999	-	-
$450,000 - $499,999	2	259
$500,000 - $599,999	1	168
$600,000 - $699,999	-	-
$700,000 - $799,999	2	168
Total Properties	6