The businesses along Broadway are not as useful as other areas of town. Some good take-out restaurants (who also deliver), a laundromat, and some specialty shops. The Stop n Shop is a good thing; when Star left, it created a supermarket void. If you are way to the north of town, you may find yourself using the Whole Foods in Medford, just north of Boston Avenue.
All-in-all, it is like a lot of Somerville, just not so close to the Red Line, where the market is overheated. There is nothing defective about the housing stock there. You can check with the police; I expect the crime rates are typical. There may be some extra noise or nuisance if you live near a crowded undergrad rental, but those thin out the farther you are from Tufts. Some people complain about the football game noise from Dilboy Field.
We are in a funny market here in Somerville. Normally, a month is not an outrageous time for a property to be on the market. But recently, my clients ask me "what's wrong with it?" if a property doesn't sell the first week on the market. Some of the time, what's wrong with it is that it is overpriced, sometimes, it is ugly or awkwardly laid out, and sometimes, it is just not close enough to expectation to make buyers jump into the competition.
The very hot market fades the farther you venture from the Red Line in all directions. It is normal that properties take a month or more to sell there. The price and sale speed difference can probably be chalked up to the longer commute because of the additional 20+ minutes to get to the Red Line daily. The area compares pretty closely with the areas north and east of Porter Square that are as far away from the Red Line.
I have seen some fairly nice condos between North Street and Curtis Street, north of Powderhouse Bvld that have sold since the hot market took hold. Some were pretty good deals. Look at each property carefully.
Here is everything on the market in Somerville listed on a map so you can zoom in and see proximity to PT:
Hope that helps!
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