Market report, updated

Market Report

Search in the subdivision of Somerset

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Report prepared by Getkeyedup.com Cristina Dougherty & Associates

Market at a glance

Over the last 6 months, homes sold for 100.8% of list price in 29 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $530K Sold · $537K
$1.2M$900K$600K$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 9 sales in Mar. Last month: 4.

Where the market stands

All homes in this report, by status.

51homes
Active11 · 22%
Under contract7 · 14%
Sold (6 mo)33 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$491K
Under contract$418K
Sold$574K

Average days on market

Active85 days
Under contract54 days
Sold29 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 11
Average list price $491,210 Based on 10 of 11 homes
Avg. days on market 85 days Based on 10 of 11 homes
Avg. price per ft² $181 Based on 8 of 11 homes
Avg. living area 2,569 ft² Based on 9 of 11 homes
Avg. beds / baths 3.6 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

3 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 8 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

12319 Stonehaven Ln Unit T-28$229
160 Somerset Dr$226
10413 Edisto Ct$204
1516 Morris Pond Dr$187
10325 Cassidy Ct$177
35227 Balmoral Dr$156
2424 Vidalia Ct$148

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12319 Stonehaven Ln Unit T-28Bowie, MD 20715 22959$220,000$229—
160 Somerset DrWillingboro, NJ 08046 321,725$390,500$2265 days
1516 Morris Pond DrLocust Grove, VA 22508 442,765$518,000$18711 days
2424 Vidalia CtWaldorf, MD 20601 433,463$514,900$14829 days
10413 Edisto CtGainesville, VA 20155 343,273$669,900$20419 days
1484 Casual Water WayLocust Grove, VA 22508 333,822$485,000$12640 days
35227 Balmoral DrLocust Grove, VA 22508 433,104$485,000$15648 days
473 Franklin BlvdSomerset, NJ 08873 54—$869,900—92 days
181 Somerset DrWillingboro, NJ 08046 421,200——137 days
10325 Cassidy CtWaldorf, MD 20601 442,814$499,900$177207 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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