$10,000 Closing Credit*
$895,000
1,793 SqFt
3 Beds
•2 Full Baths
Listing Office: Coldwell Banker Realty
Is Somers, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Somers has remained a Seller's Market.
Key Takeaway
Somers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Somers, NY
How much do homes in Somers, NY cost?
Median Sold Price
$643,500
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$31,833(+5.2%)
Key Takeaway
Homes in Somers have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Somers was $643,500 in September 2024, up 5.2% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $436.2K | $410K | -6.0% |
| 2 Bedrooms | $500K | $555K | +11.0% |
| 3 Bedrooms | $675K | $677K | 0.3% |
| 4 Bedrooms | $831K | $999.5K | +20.3% |
| 5+ Bedrooms | $874.5K | $1.0M | +18.7% |
Summary: Somers housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Cities
| Katonah | $872.8K | $999.9K | +14.6% |
| Somers | $611.6K | $643.5K | +5.2% |
Housing Supply in Somers, NY
How many homes are available in Somers, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 103 | 93 | -9.7% |
Summary: The Somers real estate market had 93 homes for sale in September 2024, a 9.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 32 | 30 | -6.3% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 34 | 31 | -8.8% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Somers housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Somers, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Somers in September 2024, down by 17.2% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Somers, NY
How long does it take to sell a home in Somers, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 35 Days | +43.2% |
Summary: Homes in Somers had an average of 35 days on market in Sep 2024, up by 43.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Somers are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 24 homes were sold in Somers; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.