This week in the Somerset market, sales rose to two homes sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with two being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are falling in Somerset, and this period the median price of all sales fell from $512,000 to $392,000. The rising sales and a low two months of inventory point to Somerset being a definite seller's market.
If you're trying to find a bargain, make sure you look into these homes in Somerset with recent price reductions:
Get started right now by checking out Somerset homes for sale or reviewing Somerset real estate trends.