Area Market Survey - Somerville Condominiums
     
  Annual Report for 2007  
  Data Source: MLSPIN  
  Multiple Listing Service Property Information Netowrk  
     
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
$100,000 - $149,999 5 52 $124,940 $130,840 95 $134,840 93
$150,000 - $199,999 14 110 $175,564 $185,400 95 $191,829 92
$200,000 - $249,999 42 77 $229,095 $235,277 97 $238,531 97
$250,000 - $299,999 61 101 $276,439 $281,893 99 $292,410 95
$300,000 - $349,999 81 104 $324,968 $334,542 97 $344,741 95
$350,000 - $399,999 94 91 $375,235 $384,281 98 $394,780 95
$400,000 - $449,999 52 124 $417,963 $426,102 98 $446,908 94
$450,000 - $499,999 19 133 $468,908 $480,897 98 $496,622 95
$500,000 - $599,999 22 142 $539,566 $553,559 98 $573,509 94
$600,000 - $699,999 12 119 $641,992 $655,517 98 $672,308 96
$700,000 - $799,999 2 172 $749,000 $779,000 96 $794,000 94
$800,000 - $899,999 5 135 $853,500 $877,580 97 $907,600 95
$900,000 - $999,999 2 131 $932,500 $949,000 98 $949,000 98
$1,000,000 - $1,499,999 1 85 $1,125,000 $1,250,000 90 $1,250,000 90
Total Properties 413 Avg. 105 $363,688 $373,027 98 $384,945 95
Lowest Price: $68,000 Median Price: $350,000  
Highest Price: $1,125,000 Average Price: $363,688  
Total Market Volume: $150,203,071  
   
EXPIRED LISTINGS
Price Range Number of Avg. Days  
Listings on Market  
$100,000 - $149,999 1 88  
$150,000 - $199,999 6 176  
$200,000 - $249,999 27 139  
$250,000 - $299,999 47 159  
$300,000 - $349,999 44 150  
$350,000 - $399,999 51 131  
$400,000 - $449,999 18 132  
$450,000 - $499,999 16 174  
$500,000 - $599,999 18 122  
$600,000 - $699,999 5 170  
$700,000 - $799,999 2 111  
$800,000 - $899,999 1 87  
$900,000 - $999,999 2 157  
$1,000,000 - $1,499,999 1 467  
Total Properties 239 Avg. 146  
Lowest Price: $139,900 Median Price: $349,000  
Highest Price: $1,095,000 Average Price: $371,315  
Total Market Volume: $88,744,183            
Area Market Survey - Somerville Single Family
     
  Annual Report for 2007  
  Data Source: MLSPIN  
  Multiple Listing Service Property Information Netowrk  
     
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
$150,000 - $199,999 1 34 $170,000 $239,900 71 $239,900 71
$200,000 - $249,999 1 10 $235,000 $269,900 87 $269,900 87
$250,000 - $299,999 5 58 $279,400 $306,530 91 $316,530 88
$300,000 - $349,999 13 88 $321,769 $341,590 95 $379,083 87
$350,000 - $399,999 10 100 $376,390 $382,510 99 $400,600 95
$400,000 - $449,999 14 218 $429,200 $441,738 97 $449,239 96
$450,000 - $499,999 13 134 $465,000 $477,408 98 $486,946 96
$500,000 - $599,999 15 109 $532,760 $541,113 99 $556,912 96
$600,000 - $699,999 8 184 $662,125 $681,125 97 $713,250 93
$700,000 - $799,999 6 42 $764,583 $778,167 99 $778,167 99
$800,000 - $899,999 2 111 $887,000 $899,000 99 $999,500 90
$900,000 - $999,999 1 2 $949,500 $949,500 100 $949,500 100
Total Properties 90 Avg. 122 $472,744 $486,955 97 $505,425 93
Lowest Price: $144,900 Median Price: $449,950  
Highest Price: $949,500 Average Price: $472,744  
Total Market Volume: $42,547,000  
   
EXPIRED LISTINGS
Price Range Number of Avg. Days  
Listings on Market  
$200,000 - $249,999 1 269  
$250,000 - $299,999 2 355  
$300,000 - $349,999 3 171  
$350,000 - $399,999 12 141  
$400,000 - $449,999 7 152  
$450,000 - $499,999 8 201  
$500,000 - $599,999 7 251  
$600,000 - $699,999 4 115  
$700,000 - $799,999 3 171  
$800,000 - $899,999 1 92  
Total Properties 48 Avg. 181  
Lowest Price: $235,000 Median Price: $449,900  
Highest Price: $895,000 Average Price: $477,535  
Total Market Volume: $22,921,698            
Area Market Survey - Somerville Multi-Family
     
  Annual Report for 2007  
  Data Source: MLSPIN  
  Multiple Listing Service Property Information Netowrk  
     
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
$300,000 - $349,999 3 76 $308,167 $316,633 100 $336,633 95
$350,000 - $399,999 7 202 $373,714 $392,271 95 $425,971 88
$400,000 - $449,999 17 98 $427,482 $438,548 98 $459,014 94
$450,000 - $499,999 17 145 $475,529 $508,529 94 $554,104 87
$500,000 - $599,999 50 85 $555,188 $574,577 97 $593,349 94
$600,000 - $699,999 20 84 $650,100 $674,999 96 $693,054 94
$700,000 - $799,999 11 51 $735,273 $738,155 100 $762,882 98
$800,000 - $899,999 3 146 $848,910 $858,883 99 $902,633 94
$900,000 - $999,999 1 5 $900,000 $899,900 100 $899,900 100
Total Properties 131 Avg. 99 $547,044 $565,732 97 $590,431 93
Lowest Price: $210,000 Median Price: $545,000  
Highest Price: $900,000 Average Price: $547,044  
Total Market Volume: $71,662,805  
   
EXPIRED LISTINGS
Price Range Number of Avg. Days  
Listings on Market  
$300,000 - $349,999 1 83  
$350,000 - $399,999 7 196  
$400,000 - $449,999 9 177  
$450,000 - $499,999 23 168  
$500,000 - $599,999 54 157  
$600,000 - $699,999 51 162  
$700,000 - $799,999 14 147  
$800,000 - $899,999 5 143  
$900,000 - $999,999 2 74  
$1,000,000 - $1,499,999 7 119  
$1,500,000 - $1,999,999 1 93  
$2,000,000 - $2,499,999 2 115  
$2,500,000 - $2,999,999 1 78  
Total Properties 177 Avg. 157  
Lowest Price: $349,900 Median Price: $599,900  
Highest Price: $2,975,000 Average Price: $655,621  
Total Market Volume: $116,044,993