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Somerset Home Values and Market Report

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Report prepared by Nancykahn.com CoastalEdge Real Estate
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Market at a glance

Over the last 12 months, homes sold for 95.9% of list price in 85 days on average.

Average price, last 12 months

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

List · $790K Sold · $771K
$870K$740K$610K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 11 sales in Dec. Last month: 6.

Where the market stands

All homes in this report, by status.

77homes
Active16 · 21%
Under contract4 · 5%
Sold (12 mo)57 · 74%

Buyer's or seller's market?

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

3.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$520K
Under contract$527K
Sold$687K

Average days on market

Active144 days
Under contract26 days
Sold85 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 16
Average list price $519,768
Avg. days on market 144 days
Avg. price per ft² $241
Avg. living area 2,116 ft²
Avg. beds / baths 2.8 / 2.6

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: 16 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 7 homes in this status.

12166 Sussex Street$369
12417 Chrasfield Chase$317
12208 Sussex Street$289
12827 Epping Way$282
12855 Epping Way$276
12839 Epping Way$257
12905 New Market Street Unit 102$228

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12839 Epping WayFort Myers, FL 33913 321,649$425,000$25723 days
10351 Glastonbury Circle Unit 201Fort Myers, FL 33913 332,297$454,800$19749 days
12166 Sussex StreetFort Myers, FL 33913 443,516$1,299,000$36951 days
12417 Chrasfield ChaseFort Myers, FL 33913 321,939$615,000$31758 days
12894 New Market Street Unit 202Fort Myers, FL 33913 332,198$429,900$19562 days
10251 Glastonbury Circle Unit 201Fort Myers, FL 33913 332,297$459,900$20066 days
12905 New Market Street Unit 102Fort Myers, FL 33913 221,530$350,000$22891 days
10351 Glastonbury Circle Unit 202Fort Myers, FL 33913 332,297$459,900$200107 days
12827 Epping WayFort Myers, FL 33913 322,303$650,000$282111 days
12855 Epping WayFort Myers, FL 33913 221,804$499,000$276119 days
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Questions about this market?

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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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