Local Market0 views · 1 answer
How competitive is the Somerset housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 32/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.29
- YoY contracts vs active
- Inventory YoY
- -0.0%
- YoY active listings
- Median DOM
- 82
- YoY days on market
- Price cuts
- 34.4%
- YoY of active listings
Somerset is soft for sellers as of September 2026, with a Sold Score of 32/100 (Challenging Market Conditions).
**Pending ratio** is 0.29 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -1.2% — fewer choices for buyers than a year ago.
**Median days on market** is 82. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 34.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 32/100 (Challenging Market Conditions) · Pending ratio: 0.29 · Inventory YoY: -1.2% · Median days on market: 82 · Sellers cutting price: 34.4% · Median listing price: $321,950 (+2.2% YoY)
Somerset snapshot
As of the latest 2026 data- Median listing
- $322K
- YoY +0.0%
- Active inventory
- 360
- YoY -0.0%
- Median DOM
- 82
- YoY +0.1%
- Pending ratio
- 0.29
- YoY +0.0%
- Price-reduced
- 21.4%
- YoY -0.0%