Somerville MA


Parking in Somerville

We all know it – parking in Somerville can be difficult.  According to the city’s parking website, there are “more than 11,600 registered vehicles per square mile; roughly 7,600 more cars per square mile than Boston and almost 3,600 more than Cambridge”.  That’s a heck of a lot of cars […]


Who Moves to Somerville?

Have you ever wondered where people lived before they moved to Somerville MA?  Spokeo used cell phone numbers to figure out where people came from before they decided to move to hip Somerville.  It surprised me to see that Washington DC is the #1 city where people used to live […]


More People Living in Medford & Somerville

If you’ve been looking around Medford or Somerville lately and think that you are seeing more people, you’re right. Although some parts of Massachusetts are losing population, according to the U.S. Census, our area is growing. The Boston Business Journal has put together an interesting map showing how much population […]


Somerville Real Estate Market Update

Let’s take a look at what’s been happening with single family real estate values over the last year in Somerville, MA. Somerville Real Estate Market January 2012 The black line which shows the median sales prices. Not surprisingly, prices peaked in July – the reason why I say it’s not […]


Real Estate Statistics for Somerville

Somerville Real Estate Update

Although it’s currently snowing as I look outside my window, the spring real estate market is already beginning in Somerville. Somerville Housing Stats February 2010 These numbers wouldn’t be complete without looking at the average days on the market that it takes for a property to sell. Average Days On […]


Somerville Market Update

It’s time to do some number crunching on the Somerville real estate market. Here’s what the lastest statistics look like: Somerville Housing Stats August 2009 The numbers wouldn’t be complete if we didn’t also look at the average Days on Market which are: Single Family Homes – 71 Condos – […]


Condo Market Update

Today I was in the mood to do some number crunching, so I took a look at the condo market and what’s been happening over the last 6 months. Greater Boston Condo Sales 2009 * There are a wide variety of condos in each city. They range from small associations […]


Real Estate Market Inventory Update

I find that number crunching really helps me get a good handle on the real estate market. Today I decided to focus in on the single family homes market to show you what’s going on in my main market areas: Medford & Surrounding Cities Real Estate Market Stats May 2009 […]


State of the Somerville Market

It’s time to cast the spotlight on the city of Somerville and see what’s going on in the real estate market. Spring is here (although the weather seems more like summer) and I thought it would be interesting to compare the number of properties for sale this spring with what […]


Market Update for Somerville, MA

If Goldilocks were looking to buy or sell a house in Somerville, she would find that one segment of the market is speeding up, one segment is slowing down and one segment is just right and has remained level. Here’s the latest statistics for the Somerville, MA real estate market. […]


Real Estate Stats for Somerville, MA

Somerville is a wonderful city where each square has its own feel. Although no city in my market area has been totally immune to the effects of this market, Somerville is remaining an active market. Somverille Housing Stats November 2008 As you can see from the chart above, absorption rates […]


Cut Down Your Commute Time

With the high price of gas (August 2008), I’m meeting with many buyers who have decided it’s time to move either closer to work or to a commuter friendly area. Thankfully the cities of Arlington, Medford, Somerville, Malden, Melrose and the surrounding communities all have wonderful access to public transportation. […]


Medford, Somerville and Winchester Real Estate Approaches Equilibrium

t’s time, once again, to update you on what’s happening in the Medford MA area real estate market. One of the key factors I look at is absorption rates. Absorption rate is a way to look at the number of properties currently on the market and then using the number […]


First Time Buyers Coming Back to Somerville MA Market

If you’re tired of reading all of the doom and gloom coming from the media (August 2008), I’m here to give you some good news. . . We’re seeing first time buyers coming back to the local real estate market. I’ve recently put homes in Malden MA and condos in […]


City Wide Absorption Rates

Hi there, It’s time, once again, to update you on what’s happening in the local real estate market. One of the key factors I look at is absorption rates. Absorption rate is a way to look at the number of properties currently on the market and then using the number […]


City-Wide Absorption Rates

It’s time to look again at what’s happening at absorption rates in a few local cities. Absorption rate is a way to look at the number of properties currently on the market and then using the number of recent sales, allows you see how long it would take for every […]


Housing Stats

Sometimes pure statistics can help you to understand a situation. Right now in Winchester (May 2006), there are currently 147 single family houses for sale. Last year at this time, there were only 88. Last year in the city of Somerville there were 185 condos on the market, while today […]