Explore Somers, CT - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
N/A
Cap Rate
N/A
Investor Friendly Score
N/A
Median Price
$297,500

Market Insights

Somers's real estate market is experiencing a price correction, with values down 33.9% from last year. Home prices have decreased 23.6% in the past month. With 2.0 months of supply, Somers's inventory levels remain relatively tight. Homes are taking about 57 days to sell, which is -14 days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Somers market with the affordability index at 705.8. Looking ahead, the Somers market is expected to maintain its current trajectory with relatively stable conditions.

Demographics market for - Somers, CT

Total Population -

2,113

White Population

93.19%

Black Population

0.00%

Mexican29.17% (1.99% of total population)
Puerto Rican40.97% (2.79% of total population)
Cuban0%
Dominican0%
Salvadoran0%
Costa Rican0%
Gautemalan29.86% (2.04% of total population)
Honduran0%
Nicaraguan0%
Panamanian0%
Argentinean0%
Bolivian0%
Chilean0%
Colombian0%
Ecuadorian0%
Peruvian0%
Uruguyan0%
Venezuelan0%

Indian 0%
Bangladeshi 0%
Chinese 0%
Bhutanese 0%
Burmese 0%
Filipino 0%
Hmong 0%
Indonesian 0%
Japanese 0%
Korean 0%
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Pakistani 0%
Srilankan 0%
Taiwanese 0%
Thai 0%
Vietnamese 0%

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Somers, CT

empty content

No Data

Real Estate Market Prediction for - Somers, CT

City Hotspots
empty content

No Data

  • Average Price:

    N/A

  • Max Price:

    N/A

  • Average Rating:

    N/A

  • Location Average Score:

    N/A

  • Number Of Hotels:

    N/A

Nearby Cities From- Somers, CT

Crystal Lake, CT

Hazardville, CT

Broad Brook, CT

Stafford Springs, CT

Longmeadow, MA