Somerton Real Estate Market Sees Sales Fall

Home sales in the Somerton market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 17.4% to 19 homes sold over the last 30 days. Meanwhile, the Mayfield neighborhood reported 44 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Somerton, and for this period the median sales price slid from $233,000 to $225,000. There are only two months of inventory available in Somerton, so it's a solid seller's market, even with the decrease in sales.

If you need more bedrooms, take a look at these homes in Somerton that offer more than other listings:

$414K   $598K   $550K  

Get started right now by checking out Somerton homes for sale or reviewing Somerton real estate trends.

Demographic facts about Somerton:

  • The area's lifestyle rating is 54. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 74.1% by car, 12.1% by carpool, and 9.0% by public transit.

Data reported through 1/11/2017

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Artisan Realty Llc
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