SOMERSET County

May 2018

New Listings % Change
New Listings
Homes Sold Avg. Price % Change
Avg. Price
Median Price Days on Market
May 2018 20 78.72% 3 $703,333 34.63% $785,000 162
May 2017 94 39 $522,429 $510,000 49
Year-To-Date 2018 280 10.83% 102 $564,242 5.58% $560,000 79
Year-To-Date 2017 314 146 $534,423 $507,500 92

Homes for Sale

Number of homes listed for sale at the end of the month

Homes Sold

Number of homes sold that month

Average Sale Price

Total $ value of all sales divided by number of homes sold

Average List Price vs Sold Price

Average price of homes for sale compared to average sold price

Average Days on Market

Average number of days it takes to sell a home

Average Days on Market by Price

Average number of days it takes to sell a home in a certain price range