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:

Answers

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

2013
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
617-461-4691
Web Reference: http://www.erikhook.com
0 votes Thank Flag Link Wed Jul 3, 2013
Dear rabowru,
I hope this helps;

2010
Singles-Number or sale- 5 Average Sale Price $319,700
Condos-14 ASP $496,868
Multis-17 ASP $349,971

2011
Singles-5 ASP $289,100
Condos-37 ASP $293,039
Multis-16 ASP $372,106

2012
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
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer