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Somerville Market Report

$1,734,223

AVERAGE PRICE OF 77 HOMES

$1,162,891

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,367,874

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$1,977,363

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$1,637,450

AVERAGE PRICE OF 2 HOMES WITH A POOL

$1,897,150

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,734,223
Avg Bedrooms 5.03 beds
Avg Bathrooms 5.48 baths

Average Price by Bedrooms

1 bedroom $575,000
2 bedrooms $839,728
3 bedrooms $1,075,445
4 bedrooms $1,538,889
5 bedrooms $2,127,450
Somerville Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 73 95 137 165 137
Average Price $1,549,387 $1,516,577 $1,464,511 $1,449,247 $1,567,327
Avg Price Change +2.16% +3.56% +1.05% -8.15% -4.80%
Median Price $1,210,155 $1,231,648 $1,188,850 $1,184,562 $1,204,656
Med Price Change -1.78% +3.60% +0.36% -1.70% -0.50%
Avg Bedrooms 4.68 beds 4.29 beds 4.05 beds 4 beds 3.74 beds
Avg Bathrooms 5.31 baths 4.55 baths 3.97 baths 3.79 baths 3.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Somerville High 9 $1,127,644 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 77 $1,734,223 61 days
Distressed Homes 11 $1,162,891 49 days
Multi-Million Dollar Homes 46 $2,367,874 61 days
Newly Built Homes 8 $1,977,363 60 days
Homes with a Pool 2 $1,637,450 10 days
Reduced Price Homes 6 $1,897,150 82 days

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Curtis & Colletta Realty Associates
Anna Colletta
198 Upham St.
Melrose, MA 02176
978-761-4756

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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