somerville - may 2016

8%

39%

39%

14%

StudioOne BedTwo BedThree plus Bed

8%

39%

39%

14%

StudioOne BedTwo BedThree plus Bed

Sales by # Bedrooms

Sales by Square Foot

4%10%

10%

18%

31%

27%

2401 +1801-24001501-18001001-1500701-1000

4%10%

10%

18%

31%

27%

2401 +1801-24001501-18001001-1500701-1000

18 Arlington Street | Boston | MA 02116 | 617.266.5200 • 548 Tremont Street | Boston | MA 02116 | 617.426.8333

*All information in this report sourced from LINK & MLSPin

TOTAL SOLDNo. Listings

Average Price

Median Price

Avg Price per Sq Ft

Avg Days on Market

3/1/16 - 5/31/16

2015March - May

2016March - May

MAY 2016

% Change

NEIGHBORHOOD REPORTSOMERVILLE

MAY 2016

MAY 2016

91

$628,431

$555,000

$476

39

23%

3%

11%

13%

-15%

112

$644,589

$615,000

$538

33

10

91

13

3

5

25

23

7

0% 10% 20% 30% 40% 50% 60% 70% 80% 90%

$0-$400,000

$401,000-$800,000

$801,000-$1,200,000

$1,201,000-$1,600,000

$1,601,000-$2,000,000

$2,001,000 +

2016

2015

1% 11%

68%

20%

StudioOne BedTwo BedThree plus Bed

5% 8%

9%

49%

22%

7%

2401 +1801-24001501-18001001-1500

*All information in this report sourced from LINK & MLSPin