Intero's Market Report

Somerset, CA

Single-Family Homes



Somerset, CA

Fri Mar 05 2021
This week the median list price for Somerset, CA is $679,000 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has held steady at or around 5. Click here to stay informed with the Somerset market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Somerset, CA

Fri Mar 05 2021
This week the median list price for Somerset, CA is $679,000 with the market action index hovering around 54. This is an increase over last month's market action index of 49. Inventory has held steady at or around 5. Click here to stay informed with the Somerset market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Somerset market.
Median List Price $679,000
Per Square Foot $232
Days on Market 112
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Most Expensive $1,095,000
Least Expensive $450,000
Market Action 54
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,095,000 2,722 N/A 4 3 31 0 0 21
$689,900 3,423 1 - 2.5 acres 3 3 29 0 0 112
$679,000 2,161 5 - 10 acres 3 2 25 0 0 147
$450,000 1,968 10 - 20 acres 2 2 47 0 0 94