Somersett Statistics - Somersett Stats
The current real estate boom started effectively October 1 of 2020. Below are the updated year over year stats for Somersett from January of last year until December 31, 2022
Since January 1 of 2022 Single family homes are up 9% - Del Webb up 8% - The Village and The Vue up 6% - read below for more detail on each.
Welcome to our new Somersett Stats page. We will update this page at the end of each year, 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 500 sales in Somersett, I have been the top selling Somersett agent since 2005.
Single Family Homes In Somersett
Since January 1 of 2022 through December 31, 2022 there have been 95 homes that have sold compared to 110 in 2021 . Keep in mind this does not include Del Webb or the Village and the Vue. The average dollar per foot since then that homes sold for was $358.00 and in 2021 it was $315.00 per foot for an increase of 9% year over year. The lowest price home so far this year has been $650,000 and the highest has been $2,977,000 or $578.00 per foot. There were 4 homes this year that sold for over 2 million dollars in Somersett.
So what happened in the market last year, it went up 15% until the end of July and then started to go down and the net gain was about 9%. Since then we have seen prices adjusting 10-15% down from the high to get sold. I do think we will be busy this year with prices going up 5-7%. The luxury or high end market in Somersett has been doing great and there is still a strong demand for high end properties in Somersett. Especially golf course and high quality view homes, and one level homes.
There is a link below to see all of the homes that sold in Somersett in 2022.
Fill out the form at the bottom of the page for a estimate of value on your home.
Del Webb - Sierra Canyon in Somersett
Since January of 2022 there were 81 Del Webb homes that have sold compared to 65 in all of 2021 at an average of $373.00 per foot. In all of 2021 the avg dollar per foot that homes were selling for was $342.00 per foot for an increase of 8%. It all comes down to location on these and whether or not they have a view. 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 all of the sales for 2021.
The Village - The Vue in Somersett
In the Village and the Vue there were 11 homes that sold in 2022 compared to 34 in 2021. The median selling price was $262.00 per foot and in all of 2021 it was $246.00 per foot for an increase of 6%. There is still a huge demand for this type of product in Somersett.