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Somerset Market Trends

Today, December 31, 2009

Somerset Summary

The average listing price for Somerset homes for sale on Trulia was $234,324 for the week ending Dec 23, which represents an increase of 0.3%, or $622, compared to the prior week and an increase of 7%, or $15,378, compared to the week ending Dec 02.

 

Average Listing Price in Somerset

Embed Info
1 yr 5 yr Max
Somerset average property price
Somerset – number of properties
No. BedroomsWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
1 bedroom-----
2 bedrooms-----
3 bedrooms$209,091-1.0%$211,133$211,133$213,671
4 bedrooms-----
All properties$234,324+0.3%$233,702$241,853$218,946
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Homes for Sale in Somerset

10856 Emerald Drive, Somerset MI
10856 Emer…
$249,900
3 br  2 ba
14405 Crestridge Drive, Somerset MI
14405 Cres…
$349,999
4 br  3 ½ ba
10474 Ferris Drive, Somerset MI
10474 Ferr…
$154,900
3 br  2 ba
 Somerset Road, Somerset MI
Somerset…
$359,900
 
10650 Glendalough, Somerset MI
10650 Glen…
$219,000
3 br  2 ba
14013 Grand View, Somerset MI
14013 Grand…
$249,000
3 br  2 ba
View all Somerset Homes for Sale
 
Stats & Trends
Somerset

Real Estate Overview

Market Trends

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Community Info

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  • 49281
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Nearby Cities

Cities
Median
sales price
Average
listing price
Cement City
$65,000
$124,527
Jerome
$276,000
$161,224
Addison
$55,000
$144,534
Clarklake
$241,166
$261,800
Horton
$139,900
$200,297
Manitou Beach
$80,000
$228,048
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Advice

Recent Q&A in Somerset, MI

Q: Can you only buy certain houses with the rural development loan, and how do you know what house you can buy? 4 answers
Q: We have a second home in Michigan we have tried to rent unsucccessfully due to the local econmy. We have had 4 answers
Q: First-time buyer moving to Ann Arbor in early March '10 (on a new job), and trying to close by April/June to get $8000 tax credit... 14 answers
Q: We live in Michigan and are considering a retirement home in Florida that would be used only during the winter months. Safety and security is a 4 answers
Q: Is Michigan a non recourse state? If not, if someone decided to foreclose in the state of Michigan could the 4 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Somerset, MI
  • Recent blog posts in Somerset, MI
  • Find a real estate professional Somerset, MI

Nearby Cities Real Estate

  • Cement City Real Estate
  • Somerset Center Real Estate
  • Jerome Real Estate
  • Addison Real Estate
  • Clarklake Real Estate
  • Moscow Real Estate

Nearby Cities Sold Homes

  • Cement City Sold Homes
  • Somerset Center Sold Homes
  • Jerome Sold Homes
  • Addison Sold Homes
  • Clarklake Sold Homes
  • Moscow Sold Homes

Nearby Cities Home Prices

  • Cement City Home Prices
  • Somerset Center Home Prices
  • Jerome Home Prices
  • Addison Home Prices
  • Clarklake Home Prices
  • Moscow Home Prices

Somerset Stats & Trends

  • Somerset Real Estate Overview
  • Somerset Schools
  • Somerset Community Info
  • Somerset Home Prices
  • Somerset Real Estate
  • Somerset Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Somerset real estate market. Find Somerset properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Somerset average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Somerset housing statistics are available for each Somerset, MI neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.