Market report, updated

Somerset Home Values and Market Report

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Report prepared by Movetowestpalmbeachfl.com Coldwell Banker Realty

Market at a glance

Over the last 12 months, homes sold for 97.8% of list price in 77 days on average.

Average price, last 12 months

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

List · $80K Sold · $74K
$1.2M$800K$400K$0K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Jan. Last month: 1.

Where the market stands

All homes in this report, by status.

37homes
Active13 · 35%
Under contract2 · 5%
Sold (12 mo)22 · 59%

Buyer's or seller's market?

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

7.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$242K
Under contract$1.1M
Sold$311K

Average days on market

Active167 days
Under contract67 days
Sold77 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 13
Average list price $242,107
Avg. days on market 167 days
Avg. price per ft² $177
Avg. living area 1,258 ft²
Avg. beds / baths 2.1 / 2.2

Price vs. living area

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

$600K$400K$200K$0

Price vs. living area: 13 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

3659 VICTORIA Drive$262
3814 Victoria Drive$254
3750 VICTORIA Drive$246
3838 Victoria Drive$229
3870 VICTORIA Drive$229
2059 E Forest Gate Drive$228
3133 Washigton Road$205

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3133 Washigton RoadBrandon, FL 33594 422,869$589,000$205115 days
2059 E Forest Gate DriveJacksonville, FL 32246 422,274$519,900$22862 days
3659 VICTORIA DriveWest Palm Beach, FL 33406 231,218$320,000$26255 days
3814 Victoria DriveWest Palm Beach, FL 33406 231,218$310,000$2545 days
3750 VICTORIA DriveWest Palm Beach, FL 33406 231,218$300,000$24641 days
3838 Victoria DriveWest Palm Beach, FL 33406 231,218$280,000$22910 days
3870 VICTORIA DriveWest Palm Beach, FL 33406 231,218$280,000$22916 days
2831 Somerset Drive Unit 105Lauderdale Lakes, FL 33311 11748$119,500$159313 days
2801 Somerset Drive Unit 401Lauderdale Lakes, FL 33311 22865$95,000$109237 days
2811 Somerset Drive Unit 118Lauderdale Lakes, FL 33311 11748$90,000$120127 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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