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Somerville MA Condominium Market Report - October 2008

By
Real Estate Agent with Coldwell Banker Residential Brokerage

The number of condominiums sold in Somerville, MA during the month of October decreased from 24 sold (2007) to 21 homes sold in 2008.

The average selling price decreased slightly from $369,815 in 2007 to $364,429 in 2008. 

The average DOM (Days on Market) increased dramatically to 105 days from 61 in 2007.