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Somerville, MA New Construction Multifamily Home for Sale

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  • 7 Washington St, Somerville, MA 02143
    7 Washington St, Somerville, MA 02143
    7 Washington St, Somerville, MA 02143
    /10

    $1,390,000 New Construction

    • 17 Beds
    • 12 Baths
    • 10,000 Sq Ft

    7 Washington St, Somerville, MA 02143

    Rare high density development opportunity in Somerville with ZBA approved plans for up to 10 units. This is a prime chance to invest in one of Somerville’s most sought-after neighborhoods. Currently used as a tenanted single-family residence, this MR-4 zoned lot allows for 4-story development - ideal for condo sellout, or multi-family hold. located less than 0.4 miles from the Green Line

    Ramsay Fretz Leading Edge Real Estate

    7 Washington St, Somerville, MA 02143
Massachusetts Somerville

New Construction Multi-Family Homes & Duplexes for Sale in Somerville, MA

Home Trends in Somerville, MA

On average, homes in Somerville, MA sell after 56 days on the market compared to the national average of 69 days. The median sale price for homes in Somerville, MA over the last 12 months is $985,000, up 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$985,000
Median Single Family Sale Price
$1,110,000
Median Townhouse Sale Price
$1,282,500
Median 2 Bedroom Sale Price
$895,000
Median 1 Bedroom Sale Price
$590,000
Average Price Per Sq Ft
$749
Number of Homes for Sale
27
Last 12 months Home Sales
385
Months of Supply
0.80
Median List Price
$999,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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