Real estate blog entries tagged with somerville real estate market udpate by DebOnTheWeb - Deb Agliano - Medford, MA Real Estate (ERA Andrew Realty)

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Home : Blogs : DebOnTheWeb - Deb Agliano - Medford, MA Real Estate : DebOnTheWeb's Blog : Tag "somerville real estate market udpate"

somerville real estate market udpate: Somerville Real Estate Market Report - 01/26/12 05:29 AM

Let’s take a look at what’s been happening with single family real estate values over the last year in Somerville, MA.

The black line which shows the median sales prices. Not surprisingly, prices peaked in July – the reason why I say it’s not a surprise is because home prices are negotiated when the buyer’s offer is accepted and it takes about 2 months from then for the closing to happen and the sales price to be made public. This means that sales in July were from prices agreed upon in May during the spring market which is historically … (0 comments)

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