The 122 units of the Alloy Residences in Somerville’s Assembly Row have disrupted pricing in the city’s condo market this year.
Simply put, the under-construction units are commanding the sorts of prices only gorgeous Davis Square houses (or house-sized condos) used to usually get in Somerville. Indeed, nearly half of the Alloy’s condos had sold by the end of September, some for $1,000-plus a foot.
Now comes Penthouse 205. It’s asking $1,042.36 a square foot—or $1,227,900 total.
The spread runs to 1,178 square feet and has two bedrooms as well as two full bathrooms. We should note, too, that the condo fee is $1,030.
Also, if the penthouse isn’t rich enough for your blood, there’s also a 506-square-foot studio on sale on the Alloy’s seventh floor: It’s asking $1,081.78 a square foot.
- Nearly half of Assembly Row's condos sold a year before opening [Curbed Boston]
- Somerville Home Sales: the 10 Biggest of 2015 [Curbed Boston]