Area Market Survey - Somerville Condominiums
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	2	276
$200,000 - $249,999	8	176		Fourth Quarter 2007:  October - December
$250,000 - $299,999	11	119		Data Source: MLSPIN
$300,000 - $349,999	9	160		Multiple Listing Service Property Information Netowrk
$350,000 - $399,999	7	85
$400,000 - $449,999	6	105
$450,000 - $499,999	4	89
$500,000 - $599,999	4	128
$600,000 - $699,999	1	78
$700,000 - $799,999	1	29
Total Properties	53	Avg. 130
Lowest Price: $154,900	Median Price: $339,000
Highest Price: $779,900	Average Price: $359,820
Total Market Volume: $19,070,454
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	106
$300,000 - $349,999	1	88
$400,000 - $449,999	1	238
$450,000 - $499,999	1	6
$600,000 - $699,999	4	98
Total Properties	9	Avg. 104
Lowest Price: $279,000	Median Price: $485,000
Highest Price: $678,900	Average Price: $493,856
Total Market Volume: $4,444,700
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
$50,000 - $99,999	1	288	$68,000	$79,900	85	$99,900	68
$150,000 - $199,999	2	146	$172,250	$181,950	95	$199,450	87
$200,000 - $249,999	7	113	$230,929	$234,057	99	$245,743	94
$250,000 - $299,999	12	145	$283,171	$289,058	98	$298,567	95
$300,000 - $349,999	15	68	$323,843	$333,500	97	$353,060	92
$350,000 - $399,999	8	76	$368,688	$376,701	98	$393,713	94
$400,000 - $449,999	6	43	$418,667	$425,950	99	$432,617	97
$450,000 - $499,999	4	131	$474,500	$493,088	96	$498,088	95
$500,000 - $599,999	2	25	$513,675	$524,950	98	$524,950	98
$600,000 - $699,999	2	134	$629,500	$647,450	97	$647,450	97
$700,000 - $799,999	1	217	$749,000	$779,000	96	$809,000	93
Total Properties	60	Avg. 101	$344,659	$353,648	97	$366,487	94
Lowest Price: $68,000	Median Price: $329,500
Highest Price: $749,000	Average Price: $344,659
Total Market Volume: $20,679,550
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$150,000 - $199,999	2	222
$200,000 - $249,999	9	174
$250,000 - $299,999	12	126
$300,000 - $349,999	19	143
$350,000 - $399,999	12	107
$400,000 - $449,999	4	251
$450,000 - $499,999	9	198
$500,000 - $599,999	5	142
$900,000 - $999,999	1	53
$1,000,000 - $1,499,999	1	467
Total Properties	74	Avg. 156
Lowest Price: $199,900	Median Price: $337,000
Highest Price: $1,095,000	Average Price: $373,822
Total Market Volume: $27,662,859
Area Market Survey - Somerville Single Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$200,000 - $249,999	2	50
$250,000 - $299,999	3	109		Fourth Quarter 2007:  October - December
$300,000 - $349,999	4	64		Data Source: MLSPIN
$350,000 - $399,999	2	103		Multiple Listing Service Property Information Netowrk
$400,000 - $449,999	3	250
$450,000 - $499,999	3	59
$500,000 - $599,999	1	49
$600,000 - $699,999	1	26
Total Properties	19	Avg. 100
Lowest Price: $229,900	Median Price: $365,000
Highest Price: $679,900	Average Price: $387,137
Total Market Volume: $7,355,599
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$600,000 - $699,999	1	104
Total Properties	1	Avg. 104
Lowest Price: $629,000	Median Price: $629,000
Highest Price: $629,000	Average Price: $629,000
Total Market Volume: $629,000
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	1	109	$144,900	$144,900	100	$164,900	88
$250,000 - $299,999	1	24	$250,000	$299,750	83	$299,750	83
$300,000 - $349,999	2	114	$322,000	$356,938	91	$463,938	70
$350,000 - $399,999	4	96	$369,475	$373,425	99	$393,650	95
$400,000 - $449,999	3	67	$425,383	$432,333	99	$442,333	96
$450,000 - $499,999	2	12	$453,500	$454,250	100	$454,250	100
$500,000 - $599,999	6	135	$538,333	$548,633	98	$573,629	94
$600,000 - $699,999	2	201	$672,000	$714,000	94	$714,000	94
$700,000 - $799,999	2	84	$748,750	$761,000	99	$761,000	99
Total Properties	23	Avg. 102	$468,324	$482,588	97	$504,104	93
Lowest Price: $144,900	Median Price: $450,000
Highest Price: $792,500	Average Price: $468,324
Total Market Volume: $10,771,450
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$250,000 - $299,999	2	355
$300,000 - $349,999	1	376
$350,000 - $399,999	6	173
$400,000 - $449,999	2	150
$450,000 - $499,999	2	90
$500,000 - $599,999	2	444
$600,000 - $699,999	2	102
Total Properties	17	Avg. 217
Lowest Price: $278,999	Median Price: $399,925
Highest Price: $639,000	Average Price: $436,897
Total Market Volume: $7,427,249
Area Market Survey - Somerville Multi-Family
ACTIVE LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	2	220
$350,000 - $399,999	3	147		Fourth Quarter 2007:  October - December
$400,000 - $449,999	6	114		Data Source: MLSPIN
$450,000 - $499,999	6	124		Multiple Listing Service Property Information Netowrk
$500,000 - $599,999	12	162
$600,000 - $699,999	4	84
$700,000 - $799,999	2	75
$800,000 - $899,999	1	35
$1,000,000 - $1,499,999	1	199
Total Properties	37	Avg. 134
Lowest Price: $319,900	Median Price: $517,900
Highest Price: $1,495,000	Average Price: $544,905
Total Market Volume: $20,161,476
PENDING / UNDER AGREEMENT LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$350,000 - $399,999	2	195
$500,000 - $599,999	3	83
$600,000 - $699,999	1	18
Total Properties	6	Avg. 109
Lowest Price: $389,000	Median Price: $514,450
Highest Price: $629,900	Average Price: $502,117
Total Market Volume: $3,012,700
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	223	$210,000	$239,900	88	$353,900	59
$250,000 - $299,999	1	7	$265,000	$249,900	106	$249,900	106
$350,000 - $399,999	2	245	$372,500	$394,500	94	$399,500	93
$400,000 - $449,999	4	109	$426,125	$428,150	100	$455,150	94
$450,000 - $499,999	3	77	$478,333	$516,267	93	$572,633	84
$500,000 - $599,999	11	87	$550,227	$566,145	98	$588,782	95
$600,000 - $699,999	4	73	$660,000	$693,450	95	$714,450	93
$700,000 - $799,999	2	14	$720,500	$646,950	113	$646,950	113
Total Properties	28	Avg. 95	$517,607	$529,839	98	$556,057	94
Lowest Price: $210,000	Median Price: $532,500
Highest Price: $722,000	Average Price: $517,607
Total Market Volume: $14,493,000
EXPIRED LISTINGS
Price Range	Number of	Avg. Days
	Listings	on Market
$300,000 - $349,999	1	83
$350,000 - $399,999	1	383
$400,000 - $449,999	4	174
$450,000 - $499,999	11	189
$500,000 - $599,999	18	196
$600,000 - $699,999	9	208
$700,000 - $799,999	4	95
$800,000 - $899,999	2	155
$900,000 - $999,999	2	74
$1,000,000 - $1,499,999	2	80
Total Properties	54	Avg. 179
Lowest Price: $349,900	Median Price: $569,450
Highest Price: $1,277,000	Average Price: $604,954
Total Market Volume: $32,667,542