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Somerset Home Values and Market Report

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Report prepared by Algrahamhomesales.com EXP Realty

Market at a glance

Over the last 12 months, homes sold for 96.6% of list price in 43 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $419K Sold · $408K
$750K$540K$330K$120K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Apr. Last month: 4.

Where the market stands

All homes in this report, by status.

41homes
Active4 · 10%
Under contract3 · 7%
Sold (12 mo)34 · 83%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$539K
Under contract$565K
Sold$446K

Average days on market

Active88 days
Under contract15 days
Sold43 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $538,700
Avg. days on market 88 days
Avg. price per ft² $230
Avg. living area 2,476 ft²
Avg. beds / baths 3.2 / 2.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 4 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

677 Somerset Terrace NE$423
2163 Heather Lane$234
3222 Turtle Lake Drive SE$214
2713 Penwood Place$49

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2713 Penwood PlaceLithonia, GA 30058 231,212$59,900$4915 days
3222 Turtle Lake Drive SEMarietta, GA 30067 533,263$700,000$21451 days
2163 Heather LaneBogart, GA 30622 444,795$1,125,000$234109 days
677 Somerset Terrace NEAtlanta, GA 30306 21637$269,900$423177 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Algrahamhomesales.com EXP Realty

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