Local Market0 views · 1 answer
How competitive is the Somerset housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v264
- Sold Score
- 27/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.30
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 65
- YoY days on market
- Price cuts
- 35.0%
- YoY of active listings
Somerset is soft for sellers as of May 2026, with a Sold Score of 27/100 (Difficult Selling Environment).
**Pending ratio** is 0.30 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +10.6% — more choices for buyers than a year ago.
**Median days on market** is 65. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 35.0% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 27/100 (Difficult Selling Environment) · Pending ratio: 0.30 · Inventory YoY: +10.6% · Median days on market: 65 · Sellers cutting price: 35.0% · Median listing price: $319,950 (+0.3% YoY)
Somerset snapshot
As of the latest 2026 data- Median listing
- $320K
- YoY +0.0%
- Active inventory
- 354
- YoY +0.1%
- Median DOM
- 65
- YoY +0.0%
- Pending ratio
- 0.30
- YoY +0.0%
- Price-reduced
- 22.5%
- YoY -0.0%