All Towns

Somerville, MA — Market Report

April 2026

Market Snapshot

60Closed Sales
$66,941,423Total Volume
$648Median $/sqft
$1,124,250Median Sale Price
$1,173,750Median List Price
100.00%Median Sale-to-List Ratio
115.23%Median Sale-to-Assessment Ratio
0.91%Median Taxes-to-Sale Ratio
1,917Avg Year Built

Market Performance by Property Type

Volume & Price Metrics

TypeTotal SoldTotal VolumeMedian PriceAvg PriceMedian $/sqftAvg $/sqftAvg Year Built
Single Family5$6,563,500$1,300,000$1,312,700$708$6681,930
Condo39$38,508,868$860,500$987,407$709$737
Multi-Family16$21,869,055$1,262,778$1,366,816$448$4491,913

Median Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family98.97%114.84%0.94%
Condo100.00%112.13%0.90%
Multi-Family98.86%120.36%0.91%

Average Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family105.13%138.53%0.84%
Condo100.97%112.74%0.86%
Multi-Family99.92%118.46%0.92%

Price Distribution

Sale/List ≥ 100%Sale/List < 100%

Median Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k95.63%112.13%0.97%
$400k-$600k100.19%116.75%0.93%
$600k-$800k98.83%106.31%0.89%
$800k-$1.0M102.56%112.66%0.94%
$1.0M-$1.5M100.00%116.12%0.92%
$1.5M-$2.0M99.39%115.56%0.80%
$2.0M+105.54%127.40%0.86%

Average Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k95.63%112.13%0.97%
$400k-$600k102.45%115.76%0.95%
$600k-$800k99.52%109.37%0.83%
$800k-$1.0M102.60%119.40%0.82%
$1.0M-$1.5M100.60%114.43%0.91%
$1.5M-$2.0M101.67%131.42%0.79%
$2.0M+105.54%127.40%0.86%

Need a custom report?

Looking for data on a specific time range, or interested in a property and want the most up-to-date comps report? We'd be happy to help — just reach out.