Somerville: The Davis Square Demand

Somerville: The Davis Square Demand

Davis Square remains the heartbeat of Somerville, and the real estate prices here reflect its massive popularity.

Key Highlights

• Highest Sale: Recently saw a record-breaking $2.8M sale for a renovated Victorian.
• Price Per Sq Ft: Often exceeds $700 in the immediate vicinity of the square.
• Vibe: The 'Brooklyn of Boston' feel continues to attract a young, professional demographic.

Investor Tip

Multi-family properties near Davis Square are gold mines for rental income, with vacancies almost non-existent in this area.