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Q22023
SOMERVILLE SOMERVILLE MARKETREPORT MARKETREPORT Q22023
SOMERVILLE MARKET REPORT DatafromMLS PreparedbyTheRasnerGroup IlyaRasner ilya@rasnergroup.com (617)823-9780 14 16 30 17 12 14 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 TOTAL SOLD SF $1,421,671 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE SALE PRICE SF CC MF SF $1,364,250 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN SALE PRICE SF QUARTERS Q1 2022 - Q2 2023 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2022 2021 19 14 28 47 91 20 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 AVERAGE DAYS ON THE MARKET SF $1,371,105 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE LIST PRICE SF $1,313,500 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN LIST PRICE SF 108% 113% 101% 99% 104% 104% QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 SF SOLD TO LIST PRICE RATIO 2022 2023 Report Generated as of 8/15/2023
SOMERVILLE MARKET REPORT DatafromMLS PreparedbyTheRasnerGroup IlyaRasner ilya@rasnergroup.com (617)823-9780 102 166 109 76 84 105 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 TOTAL SOLD CC $952,683 $750,000 $800,000 $850,000 $900,000 $950,000 $1,000,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE SALE PRICE CC CC MF SF $915,000 $$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN SALE PRICE CC QUARTERS Q1 2022 - Q2 2023 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2022 2021 42 26 44 57 59 35 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 AVERAGE DAYS ON THE MARKET CC $939,910 $760,000 $780,000 $800,000 $820,000 $840,000 $860,000 $880,000 $900,000 $920,000 $940,000 $960,000 $980,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE LIST PRICE CC $895,000 $$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 $1,000,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN LIST PRICE CC 103% 105% 100% 99% 101% 102% QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 CC SOLD TO LIST PRICE RATIO 2022 2023 Report Generated as of 8/15/2023
SOMERVILLE MARKET REPORT DatafromMLS PreparedbyTheRasnerGroup IlyaRasner ilya@rasnergroup.com (617)823-9780 38 51 39 25 17 24 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 TOTAL SOLD MF $1,400,829 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE SALE PRICE MF CC MF SF $1,425,000 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN SALE PRICE MF QUARTERS Q1 2022 - Q2 2023 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2023 2022 2021 31 18 39 43 60 27 QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 AVERAGE DAYS ON THE MARKET MF $1,380,425 $$200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 AVERAGE LIST PRICE MF $1,311,950 $950,000 $1,000,000 $1,050,000 $1,100,000 $1,150,000 $1,200,000 $1,250,000 $1,300,000 $1,350,000 Qtr1 Qtr2 Qtr3 Qtr4 Qtr1 Qtr2 2022 2023 MEDIAN LIST PRICE MF 104% 104% 101% 97% 102% 102% QTR1 QTR2 QTR3 QTR4 QTR1 QTR2 2022 2023 MF SOLD TO LIST PRICE RATIO 2022 2023 Report Generated as of 8/15/2023
ILYA RASNER (617) 823-9780 ilya@rasnergroup com 607 Boylston Street, 5th Floor Boston, MA 02116 www.rasnergroup.com