Somersett Statistics - Somersett Stats
Since January 1 of 2019 Single family homes up 6% - Del Webb up 1% - The Village and The Vue up 7% - read below for more detail on each.
Welcome to our new Somersett Stats page. We will update this page at the beginning of each month so you will have a very good idea of what property values in Somersett are doing. Somersett is one of the most active areas of town as far as homes selling and demand right now. If you are a seller and are looking for more specific stats on a particular neighborhood in Somersett, shoot me an email or call. If you are a buyer ready to write an offer and looking for the same information just fill out the form below and let us know the address.
For the purposes of this page we will break it into 3 different categories - single family homes, The Vue/Village and Del Webb. Lot values are more slow moving so they will not be included here. We will give you a current snapshot of what each of these is currently selling at compared to the 12 months prior. There is a form at the bottom of this page you can fill out if you want stats specific to your home in Somersett.
Forget a "Zestimate", This is a "Davestimate", much more accurate, remember Zillow has never seen your home, I probably have! You will have the value of your home within 24 hours. Remember to tell me about any special features you have and the condition of your home. With over 400 sales in Somersett, I have been the top selling Somersett agent since 2005.
Single Family Homes In Somersett
So far since January 1 of this year there have been 106 homes that have sold (today is December 5) compared to 110 for all of last year. Keep in mind this does not include Del Webb or the Village and the Vue. The median dollar per foot in 2018 that homes sold for was $223.00 and in 2019 it was $238.00 per foot for an increase of 6% as of today. The lowest price home so far this year has been $425,000 and the highest has been $1,970,000 or $338.00 per foot.
Predictions for our market in 2020 is probably an increase of 5%, with 2/3 of our buyers are still coming from Northern California and are going to keep our market above water. This is an election year and if it repeats 2006, the market could flatten out starting in July through the end of the year as buyers wait to see who the new president will be. The luxury or high end market in Somersett has been doing great with sales of $340, $350, $360 and $425 per foot. There is a link below for the most recent 2019 solds.
Fill out the form at the bottom of the page for a estimate of value on your home.
Del Webb - Sierra Canyon in Somersett
In 2019 there were 87 Del Webb homes that have sold compared to 63 in 2018. In 2018 the avg dollar per foot that homes were selling for was $261.00 per foot. It all comes down to location on these and whether or not they have a view. The average price per foot in 2019 for a Del Webb home has been $263.00 per foot or an increase of 1%. The good lots are definitely getting a premium and are still selling well. If you are looking to buy we can email you a current list of Del Webb Homes on the market. Click the link below for the most recent sales for 2019.
The Village - The Vue in Somersett
In the Village and the Vue, this year there were 44 homes that have sold compared to a total of 47 that sold for all of last year. The median selling price was $187.00 per foot in 2019 and $173.00 per foot in 2018 for an increase of 7% . That is great news for this product, it typically lags Del Webb and regular single family homes in Somersett. For the last 2 years these units have done actually better than a single family home or a Del Webb home.There is definitely more demand in the Village than the Vue (better location) and the Village would have sold for more than the Vue. There is still a huge demand for this type of product in Somersett.