Do you live in Somerville or own a property in the city? Here’s an update on the real estate market for single family homes for the last year: As you can see, sales prices for single family homes in the city came down last winter and then up in the spring. This is a very [...]

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. Somerville Market Statistics January 2009: [...]

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. As you can see from the chart above, absorption rates are quite low for the city. Only the multi family [...]