Balanced Market
What's Your Somerville Home Worth?
$640,000 median | Balanced Market | 22 days average
Market Snapshot
Median Sale Price
$640,000
+13.3% YoY
Active Listings
20
-16.7% YoY
Days on Market
22 days
+100.0% YoY
Sold Above List
49%
Additional Metrics
- Median List Price $536,925 +5.3%
- Homes Sold (Monthly) 63 +0.0%
- Sold Above List 49%
- Sale-to-List Ratio 119.2%
- Inventory Change -16.7%
Is Now a Good Time to Sell?
Balanced Market
The 08876 market is balanced, giving neither buyers nor sellers a distinct advantage. Strategic pricing and timing remain important.
Opportunity: Balanced markets reward well-prepared sellers with accurate pricing data.
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