In the 3rd Quarter 2021, 10 homes sold in the Somerset neighborhood, equal to the number of homes sold in the same quarter of the previous year. Two fewer homes sold in Quarter 3 - 2021 versus Quarter 2 - 2021. New listings were also flat year-over-year with eight new listings in each of the third quarters.
Median listing and sale prices increased compared with the Third Quarter 2020. Average selling price was $587,981, increasing 36.87% year-over-year. The median sale price in Somerset was $568,00, increasing 34.44% year-over-year. Average home prices increased approximately $54,000 … (22 comments)
During the 2nd Quarter of 2021, 12 homes sold in the Somerset neighborhood; nine more than in the same quarter of the previous year. New listings were flat year-over-year with 12 new listings in each of the second quarters.
Median listing and sale prices increased versus the first quarter of 2020. Average selling price was $533,433. The median sale price in Somerset was $530,00. Average home prices increased approximately $114,000 over the first quarter 2021; median home sale prices increased about $124,000 over the first quarter 2021.
Sellers received 106.8% of listing price in final … (22 comments)
Somerset Neighborhood in Waxhaw, NC Real Estate Report & Community Spotlight Quarter 4 - 2020
In the 4th Quarter of 2020, five homes sold in the Somerset neighborhood; one less than in the same quarter of the previous year. New listings in the fourth quarter of 2020 were down by two compared with the same quarter the prior year.
Median listing and sale prices increased versus the fourth quarter of 2019. Average listing and selling prices also increased in the 4th quarter compared with the same time period one year ago. Average selling price was $446,300 and the median sale price in Somerset was $440,000.
Somerset Neighborhood in Waxhaw, NC Real Estate Report & Community Spotlight Quarter 3 - 2020
In the 3rd Quarter of 2020, 10 homes sold in the Somerset neighborhood; two more than in the same quarter of the previous year. New listings in the third quarter of 2020 were down by one compared with the same quarter the prior year. Median listing and sale prices increased versus the third quarter of 2019. Average listing and selling prices also increased in the 3rd quarter compared with the same time period one year ago. Average selling price was $429,600 and the median sale price in Somerset was $422,500.
Average days on market were 43 days. Interestingly, 50% of the homes that sold, did … (12 comments)
Somerset Neighborhood in Charlotte's Waxhaw Area Real Estate Report & Community Spotlight Quarter 4 - 2019
In the 4th Quarter of 2019, six homes sold in the Somerset neighborhood; two more than in the fourth quarter of the previous year. Median listing and sale prices ($375,750) increased versus the fourth quarter of 2018. Although average listing prices were down minimally, the average selling price ($387,167) increased in the 4th quarter compared with the same time period one year ago.
Average days on market were down 6 days versus the same quarter in the previous year.
Somerset home sellers received 98.63% of list price in final sale price. The months supply of inventory in Somerset was razor … (10 comments)
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