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Somerset Real Estate Market Report 📈


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There were 17 property sales and 23 new listings in Somerset in May 2024.


Somerset Detached Homes 🏡

There were 9 detached home sales and 16 new listings in Somerset in May 2024

The median sold price of detached homes for sale in Somerset was $610,000
The average sold price of detached homes for sale in Somerset was $620,000
The average days on market of detached homes for sale in Somerset was 20 days.

 

Last 12 Months Detached Real Estate Sales in Somerset

  Number of Sales Number of New Listings Sale Price to List Price Ratio Median Price Average Price Average Days on Market
May-24 9 16 101% $610,000 $620,000 20
Apr-24 8 9 105% $605,000 $622,569 8
Mar-24 10 9 103% $650,000 $648,340 15
Feb-24 6 10 104% $685,500 $670,850 12
Jan-24 4 4 102% $660,500 $647,250 26
Dec-23 9 1 99% $595,000 $576,554 27
Nov-23 5 8 99% $565,000 $573,978 30
Oct-23 10 13 101% $602,400 $605,069 15
Sep-23 11 12 101% $580,000 $581,982 14
Aug-23 8 10 105% $565,083 $585,702 14
Jul-23 5 9 101% $641,000 $617,580 8
Jun-23 8 7 104% $550,000 $549,125 18


Somerset Semi Detached Homes 🏘️

There were 0 semi detached home sales and  0 new listings in Somerset in May 2024

The median sold price of semi detached homes for sale in Somerset was $0
The average sold price of semi detached homes for sale in Somerset was $0
The average days on market of semi detached homes for sale in Somerset was 0 days.

 

Last 12 Months Semi Detached Real Estate Sales in Somerset

  Number of Sales Number of New Listings Sale Price to List Price Ratio Median Price Average Price Average Days on Market
May-24 0 0 0% $0 $0 0
Apr-24 0 0 0% $0 $0 0
Mar-24 1 0 102% $432,500 $432,500 12
Feb-24 0 1 0% $0 $0 0
Jan-24 0 0 0% $0 $0 0
Dec-23 0 0 0% $0 $0 0
Nov-23 0 0 0% $0 $0 0
Oct-23 0 0 0% $0 $0 0
Sep-23 1 1 105% $450,000 $450,000 9
Aug-23 0 0 0% $0 $0 0
Jul-23 0 0 0% $0 $0 0
Jun-23 0 0 0% $0 $0 0


Somerset Row Homes 🏠🏠🏠

There was 1 row home sale and 2 new listings in Somerset in May 2024

The median sold price of row homes for sale in Somerset was $432,500
The average sold price of row homes for sale in Somerset was $432,500
The average days on market of row homes for sale in Somerset was  16 days.

 

Last 12 Months Row Homes Real Estate Sales in Somerset

  Number of Sales Number of New Listings Sale Price to List Price Ratio Median Price Average Price Average Days on Market
May-24 1 2 115% $432,500 $432,500 16
Apr-24 1 2 104% $390,000 $390,000 7
Mar-24 0 0 0% $0 $0 0
Feb-24 0 0 0% $0 $0 0
Jan-24 1 1 102% $420,000 $420,000 8
Dec-23 0 0 0% $0 $0 0
Nov-23 0 0 0% $0 $0 0
Oct-23 4 3 101% $404,625 $405,125 14
Sep-23 4 3 103% $397,500 $400,000 13
Aug-23 2 5 101% $389,250 $389,250 16
Jul-23 0 0 0% $0 $0 0
Jun-23 0 0 0% $0 $0 0


Somerset Apartments 🏢

There were  7 apartment sales and 5 new listings in Somerset in May 2024

The median sold price of apartment for sale in Somerset was $325,000
The average sold price of apartment for sale in Somerset was $308,629
The average days on market of apartments for sale in Somerset was 17 days.

 

Last 12 Months Apartment Real Estate Sales in Somerset

  Number of Sales Number of New Listings Sale Price to List Price Ratio Median Price Average Price Average Days on Market
May-24 7 5 100% $325,000 $308,629 17
Apr-24 6 8 101% $251,500 $264,333 16
Mar-24 7 10 105% $253,000 $260,815 11
Feb-24 4 5 102% $231,450 $241,475 18
Jan-24 8 4 101% $270,000 $263,585 21
Dec-23 2 6 99% $217,250 $217,250 21
Nov-23 5 4 96% $232,000 $248,192 34
Oct-23 4 5 98% $245,000 $245,750 22
Sep-23 15 10 101% $260,000 $251,460 21
Aug-23 12 17 100% $257,000 $249,992 19
Jul-23 12 11 101% $262,500 $263,691 22
Jun-23 12 17 101% $255,500 $236,125 19


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All data sourced from the Calgary Real Estate Board (CREB®)
To Read the Full City of Calgary Housing Market Update Report Click Here