rabowru, Renter in Somerville, MA

How much have home prices gone up in Ward Two in the past 3 years?

Asked by rabowru, Somerville, MA Wed Jul 3, 2013

Help the community by answering this question:


Sorry about that.
The ACTUAL numbers I meant to share for 2013( to date) in Ward 2 are:

Singles 6 sold Avg. Sale$: $485,863 Avg, Days on Market 19
Condos 24 Sold Avg. Sale$: $331,760 Avg. DOM: 32
Multis-12 Sold Avg. Sale$: $606,188 Avg. DOM: 33

I apologize for the previously incorrect reporting of 2013 in Ward 2 Somerville to date.
Have a nice July 4th 2013 !

Best regards,
Erik Hook
Web Reference: http://www.erikhook.com
0 votes Thank Flag Link Wed Jul 3, 2013
Dear rabowru,
I hope this helps;

Singles-Number or sale- 5 Average Sale Price $319,700
Condos-14 ASP $496,868
Multis-17 ASP $349,971

Singles-5 ASP $289,100
Condos-37 ASP $293,039
Multis-16 ASP $372,106

Singles-12 ASP $409,075
Condos -43 ASP $297,303
Multis-20 ASP $392,575

So far in 2013
Singles-5 ASP $319,700
Condos-14 ASP $496,868
Multis-17 Average Sale Price $349,971

This is gleaned from Ward 2 data on the MLS only, and believed, but not guaranteed to be accurate.
It should be noted that there is a wide variety of housing stock in Somerville ( and Ward 2), and the condition and excact location of the home has a much greater impact on sale price, than do any averages.
This year is much different than the past 3 years.
If you would like further information, or source material, please feel free to contact me at
617-461-4691 .
Best regards,
Erik Hook
Century 21 Commonwealth
Somerville MA
Web Reference: http://www.erikhook.com
0 votes Thank Flag Link Wed Jul 3, 2013
Thanks for your reply. So in 2010 prices have been identical to the 2013 prices so far?
Flag Wed Jul 3, 2013
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