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Somerset Landing 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 97.7% of list price in 40 days on average.

Average price, last 12 months

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

List · $640K Sold · $642K
$650K$480K$310K$140K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Aug. Last month: 1.

Where the market stands

All homes in this report, by status.

20homes
Active5 · 25%
Under contract3 · 15%
Sold (12 mo)12 · 60%

Buyer's or seller's market?

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

3.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$436K
Under contract$180K
Sold$313K

Average days on market

Active70 days
Under contract36 days
Sold40 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 5
Average list price $435,600
Avg. days on market 70 days Based on 4 of 5 homes
Avg. price per ft² $176
Avg. living area 2,503 ft²
Avg. beds / baths 3.8 / 2.8

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: 5 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 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 5 homes in this status.

11856 Drexwood Dr$206
11950 Drexwood Dr$180
20 Pinehurst Ln$170
37 Persevere Dr$169
30090 Kristwood Way$158

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
20 Pinehurst LnStafford, VA 22554 444,662$795,000$1702 days
37 Persevere DrStafford, VA 22554 544,120$699,000$169—
11856 Drexwood DrPrincess Anne, MD 21853 421,504$310,000$2065 days
30090 Kristwood WayPrincess Anne, MD 21853 321,296$205,000$158208 days
11950 Drexwood DrPrincess Anne, MD 21853 32934$169,000$18063 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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