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.