Observer
Somerville · monthly report

Somerville housing market report, October 2026

Homes in Somerville took 17 days longer to find a buyer than a year earlier.

40
homes sold in October (47 a year earlier)
27 days
typical time to an accepted offer
35%
sold for the first asking price or more

40 homes sold in Somerville in October, down from 47 a year earlier. The typical sale price was $1M, or $570 a square foot. Per square foot, which evens out the size of the homes that sold, prices were 19% lower than a year earlier.

The typical home had an accepted offer in 27 days (10 a year earlier). 35% sold for the first asking price or more, against 53% a year earlier.

Sellers listed more homes than buyers took: 91 came on the market and 48 got an accepted offer.

Across Greater Boston, 43% of homes sold for the asking price or more. Buyers in Somerville were less likely to pay full price.

By type of homeOctober, with a year earlier

TypeSoldTypical pricePer sq ftDays to offerAt or above asking
Single-family homes2 (6)––––
Condos23 (33)$885K ($949K)$742 ($718)18 (10)39% (48%)
Multi-family homes15 (8)$1.33M$42832 (10)33% (50%)

A year earlier in brackets. Typical means the middle sale: half sold for more, half for less. Monthly prices move with the mix of homes that sell, so small changes mean little; we compare prices per square foot, and only when 20 or more homes sold in both months.

Somerville sales in October were 15% below a year earlier

Homes sold each month, Oct 2025 to Oct 2026

10050
40
Oct 2025Oct 2026
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthHomes sold
Oct 202547
Nov 202549
Dec 202548
Jan 202631
Feb 202636
Mar 202635
Apr 202661
May 202661
Jun 202690
Jul 202679
Aug 202653
Sep 202647
Oct 202640

What buyers paid against the first asking price in Somerville

Typical sale price as a share of the first asking price, by month. The line at 100% is full price.

96.4%
Oct 2025Oct 2026
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSale ÷ first asking
Oct 2025100.0%
Nov 202599.2%
Dec 202596.1%
Jan 202698.2%
Feb 202697.3%
Mar 202699.2%
Apr 2026100.0%
May 2026100.0%
Jun 2026100.0%
Jul 202699.3%
Aug 202698.9%
Sep 2026100.0%
Oct 202696.4%

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Quote this report

Boston Real Estate Observer, "Somerville housing market report, October 2026," published November 11, 2026, https://bostonrealestateobserver.com/reports/somerville/2026-10/.

Homes are single-family, condo and multi-family sales, not rentals, counted in the month they closed. Days to an accepted offer run from listing to accepted offer. Figures were frozen on November 11, 2026 and won't change; the live page has today's numbers. Source: verified market data; analysis by the Boston Real Estate Observer.