$995K  
The Somerset County market saw sales remain flat this week with 17 homes sold over the last 30 days, while new listings rose to 24. The median sales price rose to $130,000 over the latest reporting period for Somerset County, up from $128,500. Somerset County is a solid buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$2M  
Despite a 15.8% dip in sales over the last 30 days, the Somerset County market extended a three-week hot streak with a total of 16 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. A months of inventory number of 11 reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. Somerset County is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$1.8M  
While home sales in the Somerset County market have been above average, in this week's report they dropped 13.6% to 19 homes sold over the last 30 days. On the other hand, close-by Worcester County registered 170 home sales in the same period, the most of all surrounding counties. The median sales price climbed to $89,000 over the latest reporting period for Somerset County, up from $80,500. Somerset County is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$130K  
With 26,470 residents, Somerset County is a small county in Maryland. Also, with a 7.4% increase over the last 10 years, its population is growing slower than other parts of the state. Princess Anne, Crisfield, and Eden are the three largest cities in terms of population. Somerset County is made up of homes that are considered relatively old with a median of 35 years. The top school in the county is Princess Anne Elementary School.
Comments:

$2M  
Over the last 30 days, an established downward trend of new sellers coming into the Somerset County market continued, with 18 listings in this week's report. Meanwhile, sales ticked up, with 22 homes selling during the same period. The median sales price dropped to $80,500, down from last week's $105,000. Even after the uptick in sales, an elevated nine months of inventory tells us that Somerset County is still a definite buyer's market.
Comments:

$125K  
The Somerset County market was active this week as sales rose 5.3% to hit 20 homes sold over the last 30 days. In comparison, nearby Worcester County had 155 sales in the same time frame, the most of all neighboring counties. Prices are falling in Somerset County, and this period the median price of all sales fell from $105,000 to $78,500. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Somerset County is still a strong buyer's market.
Comments:

$2M  
Sales in the Somerset County market rose to 17 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 20 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price rose dramatically to $125,000, up from last week's $78,500. Even after the uptick in sales, an elevated 11 months of inventory tells us that Somerset County is still a definite buyer's market.
Comments:

$995K  
A five-week negative trend in the number of homes sold was extended this week after the Somerset County market had 13 transactions over the last 30 days. With 21 price reductions, the lowest amount since March, the market may be shedding discounts. In comparison, Worcester County led all other nearby counties with 223 price reductions. While new listings numbers suggested otherwise, months of inventory is on a four-week upswing, this week hitting 15 months. Even after uptick in sales, such a large amount of remaining inventory tells us that Somerset County is still a solid buyer's market.
Comments:

$2M  
The Somerset County market showed improvement in this week's report, as the number of home sales rose 25.0%, pushing the total to 10 homes sold over the last 30 days. Within the same time period, Worcester County had 161 sales, the most of all counties in the area. The median sales price climbed during this period, hitting a three-month high at $125,000. Somerset County is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of 19 months of remaining inventory.
Comments:

$130K  
Somerset County has a much older population than other areas in Maryland with a median age of 36 years. It is also much less affluent than average with a median income of $40,180 per household. Princess Anne, Crisfield, and Eden are its three most populated cities. The Somerset County market is primarily made up of detached homes, currently accounting for 86% overall. The best school in the county is Princess Anne Elementary School.
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