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Somerville MA Real Estate

Neighborhood highlights: Real Estate, transportation, entertainment and more

Somerville was established as a town in 1842 when it was separated from the urbanizing Charlestown. The Seven Hills of Somerville (Central, Cobble, Ploughed, Prospect, Spring, Winter and Seven Hills Park) provide the neighborhoods with walking paths, a wonderful range of restaurants and all levels of transportation. If you are looking to invest in Somerville MA real estate you will find a variety of opportunities.

Powder House Park in West Somerville is one of the great city parks. It houses an old stone armory dating from the 1700's. Davis Square Somerville named in 1997 by the Utne Reader as the one of the 15 hippest places to live in the US, is home to a lively coffeehouse scene with each boasting its own fiercely loyal clientele. It is also known for its mom-and-pop shops, vintage stores, and other independent retailers.

Parking permits required for overnight parking.

Powder House Park, Somerville, MA Powderhouse Park, Somerville,MA Davis Square, Somerville, MA Davis Square, Somerville, MA

 

For more neighborhood news about Somerville MA and the Boston Metro West area, follow the Avenue 3 Real Estate blog.

 

REAL ESTATE SNAPSHOT

January 1, 2011- July 1, 2011 July 1, 2011 - December 31, 2011
   
Single Family Homes Sold:  27 Single Family Homes Sold: 38
Average List Price:  459,388 Average List Price:  526,205
Average Sale Price:  449,694 Average Sale Price:  517,305
Average Days on Market:  71.37 Average Days on Market: 101.92
   
Multi Family Homes Sold:  76 Multi Family Homes Sold: 88
Average List Price:  556,515 Average List Price:  545,764
Average Sale Price:  533,902 Average Sale Price: 521,352
Average Days on Market:  82.32 Average Days on Market:  75.48
   
Condominiums Sold:  161 Condominiums Sold: 191
Average List Price:  399,450 Average List Price:  400,349
Average Sale Price:  389,850 Average Sale Price:  391,144
Average Days on Market:  86.81 Average Days on Market: 88.69