Intero's Market Report
Somerset, CA
Single-Family Homes
Somerset, CA
Sun May 11 2025
This week the median list price for Somerset, CA is $666,500 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has increased to 28.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Real-Time Market Profile
| Median List Price | $666,500 | |
| Median Price of New Listings | $334,475 | |
| Per Square Foot | $307 | |
| Average Days on Market | 193 | |
| Median Days on Market | 84 | |
| Price Decreased | 43% | |
| Price Increased | 0% | |
| Relisted | 14% | |
| Inventory | 28 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,395,000 | 2,460 | N/A | 3 | 2.5 | 35 | 0 | 0 | 329 |
| $765,000 | 2,340 | 10 - 20 acres | 3 | 2.5 | 32 | 0 | 1 | 42 |
| $599,000 | 2,104 | 10 - 20 acres | 3 | 2.5 | 37 | 1 | 0 | 70 |
| $350,000 | 1,368 | 1 - 2.5 acres | 3 | 1.5 | 45 | 1 | 3 | 84 |