Summer Street Sale Leads Thin October Market in Somerville
Somerville recorded 17 property transfers in October, but only five carried disclosed sale prices, ranging from $248,791 to $1,750,000, with a median of $969,000. The month's top transaction was 176 Summer St, which sold for $1,750,000 on Oct. 7.
Somerville recorded 17 property transfers in October, but only five carried disclosed sale prices, ranging from $248,791 to $1,750,000, with a median of $969,000. The month's top transaction was 176 Summer St, which sold for $1,750,000 on Oct. 7. The remaining 12 recordings were nominal-consideration transfers, many showing owners moving property into trusts rather than open-market sales. With disclosed sales making up less than a third of October's recorded deeds, and no street logging more than one priced sale, the available data offers only a partial view of local pricing this month.
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