$895K  
Home sales in the Somerset County market remained sluggish in this week's report as they fell 50.0% to one home sold over the last 30 days. Meanwhile, St. Mary's County reported 140 home sales, the highest number from all the surrounding counties. Months of inventory hit 206 this period, extending an upward trend to four weeks. Somerset County is a solid buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$895K  
The number of homes coming into the Somerset County market climbed to 12 listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price continued to rise, trending upwards for four weeks to reach $294,000. Along with flat sales, a relatively high 103 months of inventory indicates that Somerset County is a strong buyer's market.
Comments:

The population of Somerset County is growing slower than the rest of Maryland, at a 10-year growth rate of 7.4%. It's a small county compared to the rest of the state, with 26,470 residents. Its three largest cities are Princess Anne, Crisfield, and Eden. Somerset County is made up of homes that are relatively old with a median of 35 years. The top school in the county is Princess Anne Elementary School.
Comments:

$119K  
Over the last 30 days, two homes were sold in the Somerset County market, holding even with last week's numbers. However, the market is still in an identifiable downward trend overall. The median sales price remained unchanged over the latest reporting period for Somerset County, coming in at $294,000. With a downward trend in sales numbers and 102 months of inventory still left to work through, Somerset County is a definite buyer's market.
Comments:

$895K  
Home sales in the Somerset County market remained slow in this week's report as they tumbled 85.7% to one home sold over the last 30 days. Within the same time period, St. Mary's County had 124 sales, the most of all counties in the area. The median sales price rose dramatically to $88,000 over the latest reporting period for Somerset County, up from $37,000. Along with the slip in sales, a relatively high 199 months of inventory indicates that Somerset County is a strong buyer's market.
Comments:

$895K  
The Somerset County market remained slow with seven homes sold in the last 30 days, a 46.2% sales drop. Meanwhile, Worcester County reported 136 home sales, the highest number from all the surrounding counties. The median sales price in Somerset County stayed put this week at $37,000. Along with the slip in sales, a relatively high 28 months of inventory indicates that Somerset County is a definite buyer's market.
Comments:

$895K  
The Somerset County market is starting to head toward a higher price point. While sales came in at 13 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 19 reported this week. In comparison, Worcester County led all other nearby counties with 227 price reductions. Potential buyers should note that prices are coming down in Somerset County, and for this period the median sales price slid from $38,000 to $37,000. Despite the decrease in price reductions, there are still 15 months of inventory left, meaning that Somerset County is still a definite buyer's market.
Comments:

$345K  
Somerset County is much older than the rest of Maryland, with a median age of 36. It's much less affluent than average as well, with a median income of $40,180 per household. Its three largest cities are Princess Anne, Crisfield, and Eden. The Somerset County market primarily consists of detached houses, accounting for 85% of the current homes in the area. Heading the list of top schools in the county is Princess Anne Elementary School.
Comments:

$102K  
The Somerset County market broke below its 12-month average sales volume this week as sales fell 15.0% to hit 17 homes sold over the last 30 days. Meanwhile, Worcester County reported 200 home sales, the highest number from all the surrounding counties. Prices fell lower as this week's reported median sales price of $38,000 continued an eight-week downward trend. Along with the falling prices, the relatively large 11 months of inventory means that Somerset County is a definite buyer's market.
Comments:

$2M  
This week saw another record in a three-week trend in sales growth for the Somerset County market. It resulted in 18 homes selling over 30 days, which is a 12.5% spike from last week's number and also the highest amount since December. In comparison, Worcester County had 165 sales in the same time frame, the most of all nearby counties. As sales hit a peak, months of inventory continued to fall, trending downwards for four weeks to reach 10 months. Somerset County is still a definite buyer's market, with a large amount of remaining inventory even after the rising sales numbers.
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