Area Market Survey - Somerville Condominiums
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	1	53
$200,000 - $249,999	14	94		Third Quarter 2007:  July - September
$250,000 - $299,999	18	78		Data Source: MLSPIN
$300,000 - $349,999	17	97		Multiple Listing Service Property Information Netowrk
$350,000 - $399,999	16	72
$400,000 - $449,999	11	108
$450,000 - $499,999	11	81
$500,000 - $599,999	7	87
$600,000 - $699,999	2	82
Total Properties	97	Avg. 86
Lowest Price: $174,900	Median Price: $349,000
Highest Price: $678,900	Average Price: $365,367
Total Market Volume: $35,440,651
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	1	0
$300,000 - $349,999	1	6
$350,000 - $399,999	-	-
$400,000 - $449,999	-	-
$450,000 - $499,999	1	33
Total Properties	3	Avg. 13
Lowest Price: $269,000	Median Price: $339,000
Highest Price: $479,000	Average Price: $362,333
Total Market Volume: $1,087,000
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	33	$132,750	$137,700	96	$142,700	93
$150,000 - $199,999	2	163	$178,950	$199,200	90	$209,200	86
$200,000 - $249,999	13	61	$228,039	$235,635	97	$238,238	96
$250,000 - $299,999	15	87	$276,667	$274,273	101	$287,673	96
$300,000 - $349,999	27	63	$324,972	$335,011	97	$339,526	96
$350,000 - $399,999	30	60	$377,883	$383,723	98	$390,247	97
$400,000 - $449,999	16	110	$417,775	$426,811	98	$447,588	93
$450,000 - $499,999	9	102	$463,528	$473,089	98	$493,408	94
$500,000 - $599,999	9	69	$534,500	$548,122	98	$558,067	96
$600,000 - $699,999	2	128	$623,000	$634,250	98	$657,500	95
$700,000 - $799,999	-	-	-	-	-	-	-
$800,000 - $899,999	2	172	$857,500	$882,450	97	$957,500	90
$900,000 - $999,999	1	67	$940,000	$969,000	97	$969,000	97
Total Properties	128	Avg. 77	$370,440	$378,363	98	$389,174	95
Lowest Price: $130,000	Median Price: $357,750
Highest Price: $940,000	Average Price: $370,439
Total Market Volume: $47,416,310
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$100,000 - $149,999	1	88
$150,000 - $199,999	1	10
$200,000 - $249,999	6	174
$250,000 - $299,999	14	154
$300,000 - $349,999	10	165
$350,000 - $399,999	17	100
$400,000 - $449,999	6	103
$450,000 - $499,999	4	90
$500,000 - $599,999	8	116
$600,000 - $699,999	2	304
$700,000 - $799,999	-	-
$800,000 - $899,999	1	87
Total Properties	70	Avg. 131
Lowest Price: $139,900	Median Price: $364,000
Highest Price: $899,000	Average Price: $379,109
Total Market Volume: $26,537,698
Area Market Survey - Somerville Single Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	70
$300,000 - $349,999	2	118		Third Quarter 2007:  July - September
$350,000 - $399,999	5	89		Data Source: MLSPIN
$400,000 - $449,999	2	104		Multiple Listing Service Property Information Netowrk
$450,000 - $499,999	3	63
$500,000 - $599,999	4	67
$600,000 - $699,999	2	94
$700,000 - $799,999	1	103
$800,000 - $899,999	1	144
Total Properties	22	Avg. 87
Lowest Price: $279,900	Median Price: $448,938
Highest Price: $879,000	Average Price: $480,729
Total Market Volume: $10,576,051
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	2	92
$700,000 - $799,999	1	401
$800,000 - $899,999	1	154
Total Properties	4	Avg. 184
Lowest Price: $389,900	Median Price: $574,000
Highest Price: $827,000	Average Price: $591,225
Total Market Volume: $2,364,900
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
$200,000 - $249,999	1	10	$235,000	$269,900	87	$269,900	87
$250,000 - $299,999	1	105	$292,000	$314,900	93	$335,000	87
$300,000 - $349,999	5	91	$318,000	$335,900	95	$343,520	93
$350,000 - $399,999	1	36	$393,000	$393,000	100	$393,000	100
$400,000 - $449,999	4	254	$431,000	$447,119	96	$456,187	94
$450,000 - $499,999	4	85	$460,500	$472,225	98	$473,725	97
$500,000 - $599,999	1	41	$515,000	$515,000	100	$525,000	98
$600,000 - $699,999	4	147	$662,625	$671,500	99	$726,000	91
$700,000 - $799,999	2	32	$795,000	$844,500	94	$844,500	94
$800,000 - $899,999	2	110	$887,000	$899,000	99	$999,500	89
$900,000 - $999,999	1	2	$949,500	$949,500	100	$949,500	100
Total Properties	26	Avg. 110	$521,346	$537,391	97	$557,756	93
Lowest Price: $235,000	Median Price: $455,000
Highest Price: $949,500	Average Price: $521,346
Total Market Volume: $13,555,000
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	2	69
$350,000 - $399,999	5	113
$400,000 - $449,999	4	99
$450,000 - $499,999	1	277
$500,000 - $599,999	3	220
$600,000 - $699,999	2	128
$700,000 - $799,999	1	177
$800,000 - $899,999	1	92
Total Properties	19	Avg. 134
Lowest Price: $319,900	Median Price: $419,999
Highest Price: $895,000	Average Price: $498,628
Total Market Volume: $9,473,949
Area Market Survey - Somerville Multi-Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	1	81
$350,000 - $399,999	2	104		Third Quarter 2007:  July - September
$400,000 - $449,999	8	152		Data Source: MLSPIN
$450,000 - $499,999	10	90		Multiple Listing Service Property Information Netowrk
$500,000 - $599,999	15	154
$600,000 - $699,999	10	123
$700,000 - $799,999	2	86
$800,000 - $899,999	2	154
$900,000 - $999,999	2	66
$1,000,000 - $1,499,999	1	37
$1,500,000 - $1,999,999	2	66
Total Properties	55	Avg. 122
Lowest Price: $319,000	Median Price: $549,000
Highest Price: $1,800,000	Average Price: $612,731
Total Market Volume: $33,700,252
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$600,000 - $699,999	1	77
$700,000 - $799,999	-	-
$800,000 - $899,999	-	-
$900,000 - $999,999	-	-
Total Properties	1	Avg. 77
Lowest Price: $679,900	Median Price: $679,900
Highest Price: $679,900	Average Price: $679,900
Total Market Volume: $679,900
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
$300,000 - $349,999	1	14	$300,000	$250,000	120	$250,000	120
$350,000 - $399,999	-	-	-	-	-	-	-
$400,000 - $449,999	5	52	$423,800	$413,582	102	$419,607	101
$450,000 - $499,999	5	78	$476,400	$506,557	94	$567,893	84
$500,000 - $599,999	13	89	$543,962	$574,102	95	$587,650	93
$600,000 - $699,999	8	87	$645,938	$665,588	97	$676,825	95
$700,000 - $799,999	4	92	$726,750	$750,475	97	$818,475	89
$800,000 - $899,999	1	418	$800,000	$817,750	98	$949,000	84
$900,000 - $999,999	1	5	$900,000	$899,900	100	$899,900	100
Total Properties	38	Avg. 86	$569,658	$588,376	97	$614,851	93
Lowest Price: $300,000	Median Price: $555,000
Highest Price: $900,000	Average Price: $569,657
Total Market Volume: $21,647,000
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	4	167
$400,000 - $449,999	1	78
$450,000 - $499,999	6	142
$500,000 - $599,999	17	111
$600,000 - $699,999	15	149