Somerville Real Estate Market Trends | Sept 2025

The Somerville real estate market is moving into fall with clear shifts between property types. Single-family homes are harder to find, condos are steady but adjusting on price, and multi-family homes are seeing some of the strongest activity in years. Here’s a look at how September 2025 compares to the same time last year.

Single-Family Homes

The Somerville single-family market is tight. Inventory is down nearly 45%, and fewer owners are listing their homes compared to 2024. Closings have slowed as a result, but the average sale price has jumped 12%, showing that demand is still strong when the right property comes along.

Condos

The Somerville condo market has been steady in activity, with listings and closings close to last year. But with 30% more inventory available, the average sale price has dipped about 7%. Buyers have more leverage, especially in popular neighborhoods like Union Square, where access to shops, restaurants, and Bow Market make condos especially attractive.

Multi-Family Homes

Somerville multi-family homes have surged in 2025. Inventory has nearly doubled, sales are up 16%, and prices have risen about 8%. Investors continue to target properties near the Green Line and Somerville’s restaurant scene, helping keep demand strong even as more listings require price adjustments to compete.

The Somerville real estate market is showing three very different patterns: single-family homes remain scarce and expensive, condos are plentiful but softer on price, and multi-families are booming. What comes next is always hard to predict, but one thing’s for sure: I know where I’ll be on September 20th, celebrating the 20th anniversary of What the Fluff? in Union Square.

Disclaimer: Market stats change over time. Data reflects activity through September 9, 2025.