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Somerset At Belair Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 101.1% of list price in 25 days on average.

Average price, last 12 months

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

List · $593K Sold · $595K
$610K$550K$490K$430K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Dec. Last month: 0.

Where the market stands

All homes in this report, by status.

25homes
Active8 · 32%
Under contract2 · 8%
Sold (12 mo)15 · 60%

Buyer's or seller's market?

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

4.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$515K
Under contract$464K
Sold$504K

Average days on market

Active51 days
Under contract47 days
Sold25 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 8
Average list price $515,412
Avg. days on market 51 days Based on 7 of 8 homes
Avg. price per ft² $238
Avg. living area 2,202 ft²
Avg. beds / baths 3.9 / 3.0

Price vs. living area

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

$900K$600K$300K$0

Price vs. living area: 8 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

3207 Superior Ln$293
12413 Seabury Ln$276
12414 Starlight Ln$259
2914 Stonybrook Dr$237
3106 Superior Lane Ln$224
3111 Sedgwick Ln$220
12508 Scarlet Ln$210

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12508 Scarlet LnBowie, MD 20715 432,916$614,500$2104 days
3207 Superior LnBowie, MD 20715 441,872$549,900$29317 days
3106 Superior Lane LnBowie, MD 20715 332,444$549,000$2244 days
12414 Starlight LnBowie, MD 20715 442,040$530,000$259188 days
3111 Sedgwick LnBowie, MD 20715 432,175$479,900$220—
12412 Stonehaven LnBowie, MD 20715 432,560$475,000$18593 days
12413 Seabury LnBowie, MD 20715 421,716$474,999$27637 days
2914 Stonybrook DrBowie, MD 20715 421,896$450,000$23717 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.

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