Current Trends in Somersett Real Estate MarketPosted by samrojseo on December 6th, 2014 Somersett has very interesting demographics. Its population is mostly comprised of married college graduates and most residents here are primarily female property owners, with age ranging from 60 to 69.
The top job categories in Somersett are administration, executive, office and construction. With an average winter temperature of 28 degrees and summer temperature of 96 degrees, it is really a suitable location for residential living.
If you’ve decided that Somersett is the place for you, consider the following information:
- Average new sales price - $652,260. This figure is taken from Q3 of 2012. - Median new sales price - $595,164. This figure is also taken from Q3 2013.
The implications of these figures on potential homebuyers are the following:
Based on the above figures, it appears that the real estate market in Somersett is on the increase, much like the Reno real estate market. Evidently, the financial set back from the previous years have not dampen the long-term confidence of real estate investors.
So, is it the right time for you to invest in real estate in Somersett? A good real estate broker, such as Marshall Realty will tell you that it depends on your needs. However, it is good to note that the real estate market here is going north.
Marshall Realty is a smart sale option arising in real estate Nevada. Choose Marshall Realty for the best value of Reno real estate market or visit www.marshallrealty.net for accurate information about Carson City Homes.
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