Property Makler
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Dubai, UAE US

   

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Somerset, PA housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $107 $120 $134 $118 9.2% 12.1% 11.7% -11.9%
Active Listing Count 104 109 137 132 -4.6% 4.8% 25.7% -3.6%
Median Days on Market 80 61 87 55 -25.2% -23.8% 42.6% -36.8%
Share of listings with price increase 0.2% 0% 0% 0.1%
Share of listings with price decrease 10.9% 12.5% 13.7% 16.9%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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