Blog by Ed Abrams

Somerville Multifamily Market

June 25th, 2014
Somerville Multifamily 2014
Median Value

Median value increased from 2004 - 2006. From 2006 to 2009 values decreased. From 2009 to 2011 values increased, decreased in 2012, then appreciated in 2013 and 2014. Median values are up 54% from 2009 - 2014. As in Cambridge, appreciation has been driven by increasing rents, strong investor and developer demand, and decreasing inventory.

Number of Sales

The number of sales ...

Cambridge Multifamily Market

June 25th, 2014
Cambridge Multifamily 2014







































Median Value


Median value increased from 2004 - 2006. From 2006 to 2007 values decreased. Following the 2008 financial crisis values decreased from 2008 - 2010. From 2010- to 2014 values have increased an incredible 71%. Appreciation has been driven by increasing rents, strong investor and developer demand, and decreasing inventory. Investors are willing to accept low capitalization rates (i ...

24 Ossipee Road, Unit 1, Somerville, MA

June 2nd, 2014

I just sold this Condo at 24 Ossipee Road, Unit 1, Somerville, MA .

View this recently sold Condo or see all my home sales

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