Somerville Land Lot for Sale

/9
$4,995,000
- Land
- 0.19 Acre
- $26,289,474 per Acre
371 Highland Ave, Somerville, MA 02144

371 Highland Ave is a fully permitted and approved 23-unit development opportunity situated in the heart of Davis Square, featuring 13 below-grade parking spaces. The full Construction Document set is available. This mid-rise building encompasses 30,050 gross square feet. The existing building has been demolished and is ready for construction to begin immediately. 371 Highland Ave is

Chris Kostopoulos Keller Williams Realty

371 Highland Ave, Somerville, MA 02144

Massachusetts Somerville Somerville

Home Trends in Somerville, MA

On average, homes in Somerville, MA sell after 23 days on the market compared to the national average of 51 days. The median sale price for homes in Somerville, MA over the last 12 months is $1,110,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$1,110,000

Median Single Family Sale Price

$1,307,500

Median 2 Bedroom Sale Price

$872,500

Median 1 Bedroom Sale Price

$688,500

Average Price Per Sq Ft

$743

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

4.20

Median List Price

$1,149,500

Median Change From 1st List Price

-1%

Median Home Sale Price YoY Change

-3%

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