Single Family, Condominiums, and Multifamily Homes
Year End 2012
Davis Square, Somerville, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2-3 Bed $322,000 - $741,000 12 38 494,988$
4 Bed $540,000 - $1,290,000 9 49 896,056$
5 Bed $527,500 - $1,295,000 4 48 905,875$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 25 67 542,421$
2004 5.083% 26 66 569,992$
2005 7.359% 34 56 611,940$
2006 0.407% 23 95 614,430$
2007 -5.878% 26 103 578,313$
2008 7.375% 23 87 620,963$
2009 -8.437% 14 60 568,571$
2010 12.269% 23 79 638,330$
2011 4.640% 19 78 667,947$
2012 5.564% 25 43 705,114$
Source: MLSPIN, as of 01/29/2013
Davis Square Statistics
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
Single Family Homes
$542,421 $569,992
$611,940 $614,430 $578,313
$620,963 $568,571
$638,330 $667,947
$705,114
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Total Sold - Davis Square, MASingle Family, Zip Code 02144, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$300,000 - $349,999 1 3 $322,000 $295,000 109 $295,000 109
$350,000 - $399,999 3 41 $381,317 $392,333 97 $399,000 96
$400,000 - $449,999 2 21 $424,500 $412,000 103 $412,000 103
$450,000 - $499,999 1 38 $450,000 $450,000 100 $450,000 100
$500,000 - $599,999 4 48 $542,850 $545,925 99 $557,425 97
$600,000 - $699,999 3 26 $625,000 $609,633 103 $609,633 103
$700,000 - $799,999 2 73 $728,000 $759,450 96 $789,450 92
$800,000 - $899,999 2 96 $830,000 $849,450 98 $869,450 96
$900,000 - $999,999 3 24 $950,333 $931,000 102 $931,000 102
$1,000,000 - $1,499,999 4 49 $1,212,375 $1,243,500 98 $1,243,500 98
Total Properties 25 43 $705,114 $709,736 100 $716,376 99
Source: MLSPIN, as of 01/29/2013
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
1 Bed $253,500 - $549,000 16 80 355,256$
2 Bed $249,500 - $795,000 85 66 428,260$
3 Bed $355,000 - $969,000 48 63 598,874$
4 Bed $440,000 - $1,200,000 7 37 691,143$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 106 80 394,605$
2004 -0.376% 142 51 393,123$
2005 12.209% 150 63 441,118$
2006 -6.500% 159 89 412,444$
2007 2.392% 140 96 422,311$
2008 0.831% 118 92 425,821$
2009 5.867% 143 78 450,805$
2010 -4.440% 137 75 430,788$
2011 12.674% 132 71 485,386$
2012 -0.066% 156 65 485,065$
Source: MLSPIN, as of 01/25/2013
Davis Square StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2012
Historical Average Sale Price - Past 10 Years
$394,605 $393,123 $441,118
$412,444 $422,311 $425,821 $450,805 $430,788
$485,386 $485,065
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Total Sold - Davis Square, MACondominiums, Zip Code 02144, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$200,000 - $249,999 1 87 $249,500 $257,500 97 $279,500 89
$250,000 - $299,999 3 32 $265,833 $272,800 98 $276,267 96
$300,000 - $349,999 18 92 $321,217 $326,800 98 $332,776 97
$350,000 - $399,999 32 82 $374,150 $376,734 99 $386,081 97
$400,000 - $449,999 30 59 $425,104 $432,003 98 $435,667 98
$450,000 - $499,999 20 52 $473,115 $477,565 99 $483,665 98
$500,000 - $599,999 25 55 $551,800 $557,896 99 $561,700 98
$600,000 - $699,999 10 73 $655,400 $657,990 100 $666,900 98
$700,000 - $799,999 8 42 $752,613 $755,613 100 $768,750 98
$800,000 - $899,999 5 16 $846,400 $847,400 100 $847,400 100
$900,000 - $999,999 3 107 $950,383 $976,333 97 $976,333 97
$1,000,000 - $1,499,999 1 76 $1,200,000 $1,295,000 93 $1,295,000 93
Total Properties 156 65 $485,065 $490,759 99 $496,914 98
Source: MLSPIN, as of 01/29/2013
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $370,000 - $1,000,000 49 41 645,284$
3-4 Units$540,000 - $1,180,000 14 37 748,071$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2003 90 55 596,084$
2004 3.147% 96 29 614,844$
2005 9.230% 106 48 671,596$
2006 -7.399% 67 78 621,906$
2007 -4.388% 54 71 594,617$
2008 1.243% 44 75 602,011$
2009 -6.077% 57 45 565,425$
2010 8.917% 51 50 615,846$
2011 7.414% 53 54 661,502$
2012 1.001% 63 40 668,126$
Source: MLSPIN, as of 01/29/2013
Davis Square StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2012
Historical Average Sale Price - Past 10 Years
$596,084
$614,844
$671,596
$621,906
$594,617 $602,011
$565,425
$615,846
$661,502 $668,126
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, Zip Code 02144, 1/1/2012 - 12/31/2012
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$350,000 - $399,999 1 52 $370,000 $429,000 86 $429,000 86
$400,000 - $449,999 0 0 $0 $0 0 $0 0
$450,000 - $499,999 4 106 $473,000 $471,000 101 $489,500 98
$500,000 - $599,999 19 27 $545,168 $528,425 104 $532,162 103
$600,000 - $699,999 12 47 $652,400 $637,031 104 $642,865 103
$700,000 - $799,999 18 36 $749,273 $751,915 100 $758,799 99
$800,000 - $899,999 6 42 $835,833 $798,133 105 $798,133 105
$900,000 - $999,999 1 27 $961,000 $900,000 107 $900,000 107
$1,000,000 - $1,499,999 2 36 $1,090,000 $1,150,000 95 $1,150,000 95
Total Properties 63 40 $668,126 $659,059 102 $664,439 101
Source: MLSPIN, as of 01/29/2013
Total Sold - Davis Square, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
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