2019 Average Home Price Somerville MA

According to the 2019 Profile and Home Buyers and Sellers conducted by the National Association of Realtors®; Home Sellers own their home for for 10 years on average.  The chart below exhibits the 2019 Average home price in Somerville MA for Condominium and Single Family homes with pricing trend analysis from 1999 to 2019.

Somerville Condominium – 10 Year Trends

Average Sale Price 1999-2009

  • Average sale price for Somerville Condo in 1999 was $207,975
  • Average sale price for Somerville Condo in 2009 was $371,822
  • From 1999 to 2009 the average sale price for Somerville Condominiums increased 79%

Average Sale Price 2009-2019

  • Average sale price for Somerville Condo in 2009 was $371,822
  • Average sale price for Somerville Condo in 2019 was $787,359
  • From 2009 to 2019 the average sale price for Somerville Condominium increased 112%

Somerville Single Family – 10 Year Trends

Average Sale Price 1999-2009

  • Average sale price for Somerville Single Family in 1999 was $230,127
  • Average sale price for Somerville Single Family in 2009 was $412,199
  • From 1999 to 2009 the average sale price for Somerville Single Family increased 79%

Average Sale Price 2009-2019

  • Average sale price for Somerville Single Family in 2009 was $412,199
  • Average sale price for Somerville Single Family in 2019 was $973,717
  • From 2009 to 2019 the average sale price for Somerville Single Family increased 136%

©2020 Tamela Roche, all rights reserved.  Data Source:  MLS Property Information Network, Inc.

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To learn more about the average home price and other real estate market statistics, contact me to schedule a Home Seller Consultation or a Home Buyer Consultation.  More:  Somerville MA Market Statistics

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