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
- 71/100
- YoY Good Chance of Selling
- Pending ratio
- 0.63
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 63
- YoY days on market
- Price cuts
- 39.5%
- YoY of active listings
Somerset is competitive as of September 2026, with a Sold Score of 71/100 (Good Chance of Selling).
**Pending ratio** is 0.63 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +7.7% — more choices for buyers than a year ago.
**Median days on market** is 63. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 39.5% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 71/100 (Good Chance of Selling) · Pending ratio: 0.63 · Inventory YoY: +7.7% · Median days on market: 63 · Sellers cutting price: 39.5% · Median listing price: $214,975 (-18.8% YoY)
Somerset snapshot
As of the latest 2026 data- Median listing
- $215K
- YoY -0.2%
- Active inventory
- 147
- YoY +0.1%
- Median DOM
- 63
- YoY +0.1%
- Pending ratio
- 0.63
- YoY +0.0%
- Price-reduced
- 18.1%
- YoY -0.0%